LA City Council OKs hike limits on rent-controlled units
The Los Angeles City Council Tuesday approved an ordinance that would limit rent increases on rent-stabilized units to 4%, or up to 6% if landlords cover gas and electric costs.
Finding affordable housing in LA could get easier with this proposed search system
The online affordable Los Angeles housing search system is expected to launch in June 2024.
LA County extends but slightly increases rent increase cap in unincorporated areas
A 3% cap on rent increases was set to expire at the end of the year. The cap's now been increased to 4% and extended through June 2024.
LA City Council calls for law requiring hotels to replace lost housing
The proposed ordinance would also prevent the use of short-term rentals as "party houses." It would still need to be finalized before final approval.
Homes in this California city sell faster than anywhere else in the state, study shows
Only one California city made Redfin's list of fastest housing markets in the U.S.
LA County Supervisors demand answers over delayed landlord relief program
The program, approved in January, would provide funds to small landlords owed back rent accumulated during the pandemic, but according to two LA County Supervisors, hasn't even begun yet.
California residents want to move to these states the most, study shows
A new study has revealed the top destinations that each U.S. state wants to relocate or move to, according to Google.
US housing market needs 1M more homes to satisfy demand
National Association of Realtors Chief Economist Lawrence Yun argued that policy changes could boost housing supply. The shortage of homes is keeping upward pressure on prices.
Los Angeles County median home prices surpass $900,000 for first time-ever
Los Angeles County is one of just six counties in California where more than half of homes are sold above asking price.
California homebuyers must earn this much to afford a typical home
Skyrocketing mortgage rates and rising home prices have made it harder than ever to afford a home, especially for first-time buyers.
Brentwood renter refuses to leave, owner says she owes 'tens of thousands' in back rent
The homeowner said the tenant is also operating a tutoring business out of the home despite the lease being residential only. The tenant said she's filed multiple restraining orders against them.
San Fernando Valley residents angry over proposed low-income apartments
At least eight large-scale apartment housing projects in the San Fernando Valley may go through. In each case, the proposals were submitted after under a directive from Mayor Bass that lets low-income projects bypass steps like environmental reviews and public hearings.
Rental assistance application in LA city closes Monday, Oct. 2
The city has received about 10,000 applicants since the program's launch on Sept. 19.
Proposal would turn Marina del Rey freeway into park with low-cost housing
The Marina Central Park proposal would convert the three-mile stretch of the 90 Freeway into one of LA County's largest parks, complete with nearly 4,000 residential units.
Eviction notices in Los Angeles County skyrocketing
According to the controller's office, 96% of those eviction filings were for non-payment of rent.
Homeowners pay most property taxes in these states - see how California ranked
A new study recently revealed which states in the U.S. pay the most in annual property taxes - and you may be surprised how California ranked.
Millennials feel they missed 'golden opportunity' to buy a home
A key mortgage rate reached 7.18% over the past week.
'The Brady Bunch' home in Studio City sells for $3.2M
HGTV sold the home to a historic home enthusiast, but she doesn't plan to live in it.
Mortgage demand plummets as high rates squeeze buyers
High mortgage rates are rapidly cooling housing demand.
$2B Powerball winner buys new Bel Air mansion; take a look inside
Powerball winner Edwin Castro had reportedly bought another mansion in the Hollywood Hills back in March.