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Housing markets will do just fine in a recession, economists say

Housing markets will do just fine in a recession, economists say

BY MIKE WHEATLEY original article: https://realtybiznews.com/housing-markets-will-do-just-fine-in-a-recession-economists-say/98755648/ Consumer fears of a recession are growing, and experts say it could cause some Americans to get skittish about possible knock-on effects on the housing market. One reason for that is many Americans remain haunted by memories of the Great […]

Center Lays Groundwork for 20-Year Expansion

Center Lays Groundwork for 20-Year Expansion

by: STEVEN SHARP original article: https://urbanize.la/post/providence-st-johns-health-center-lays-groundwork-20-year-expansion The hospital is planning 10 new buildings featuring healthcare facilities, housing, and retail. A draft environmental impact report published by the City of Santa Monica details plans for a two-decade expansion of Providence St. John’s Health Center. Founded in 1942, the […]

Want to Buy a House? This Is How Many Hours You Need to Work to Afford One in Your State

Want to Buy a House? This Is How Many Hours You Need to Work to Afford One in Your State

BY SHAUNACY FERRO original article: http://mentalfloss.com/article/567626/number-of-work-hours-to-afford-mortgage-each-state-map How much people need to work to afford what is perhaps the most iconic aspect of the American dream—their own house—varies drastically from city to city and state to state. Just as real estate values change with ZIP codes, […]

Program expands to help seniors pay rent

Program expands to help seniors pay rent

by: Madeleine Pauker original article: https://www.smdp.com/program-expands-to-help-seniors-pay-rent/178577 City Hall will distribute $2 million to hundreds of low-income seniors to help pay their rent. The City Council approved the Preserving Our Diversity pilot program in 2017 to set aside $200,000 to subsidize rent for long-term residents aged […]

Home of the Week: Matthew Perry’s astonishing LA sky palace

Home of the Week: Matthew Perry’s astonishing LA sky palace

by Compass original article: https://compasscaliforniablog.com/home-of-the-week-matthew-perrys-astonishing-la-sky-palace/?utm_medium=email&utm_campaign=5d5dbed87d553c037df78fb2&utm_source=5b9845e9a7cfb07620421ec9&agent_id=5b9845e9a7cfb07620421ec9 When Friends star Matthew Perry bought the entire 40th floor of 1 West Century Drive, he hired architect Scott Joyce and noted interior designer LM Pagano to transform the 9,318 square foot penthouse into a statement of sweeping luxury. Now, as the actor finds […]

Economic Straight Talk: How are lower interest rates impacting Los Angeles housing markets?

Economic Straight Talk: How are lower interest rates impacting Los Angeles housing markets?

by: Dr. Selma Hepp original article: https://compasscaliforniablog.com/economic-straight-talk-how-are-lower-interest-rates-impacting-los-angeles-housing-markets/?utm_medium=email&utm_campaign=5d5dbed87d553c037df78fb2&utm_source=5b9845e9a7cfb07620421ec9&agent_id=5b9845e9a7cfb07620421ec9 Executive Summary After a large dip in housing market activity starting in the last quarter of 2018 and first quarter of 2019, housing markets in recent months have mostly bounced back to where they were last summer. The […]

Ruling Could Be Game Changer For Short-Term Rental Regulations

Ruling Could Be Game Changer For Short-Term Rental Regulations

The ruling confirms the city’s right to regulate home sharing in order to protect its limited housing stock for residents. By Emily Holland, Patch Staff original article: https://patch.com/california/venice/ruling-could-be-game-changer-short-term-rental-regulations?utm_term=article-slot-1&utm_source=newsletter-daily&utm_medium=email&utm_campaign=newsletter SANTA MONICA, CA — A federal appeals court Monday reaffirmed the city of Santa Monica’s home-sharing ordinance in […]

The best place to buy a home in California is not San Francisco or San Jose

The best place to buy a home in California is not San Francisco or San Jose

Stanley Chang | EyeEm | Getty Images   by: Shawn M. Carter | @SHAWNCARTERM original article: https://www.cnbc.com/2019/01/28/the-top-place-to-buy-a-home-in-california-isnt-in-san-francisco-or-san-jose.html   San Francisco and San Jose are two of California’s most popular cities, but that doesn’t make them the best places to buy a home. Financial website GOBankingRates recently conducted a study to find “the […]

Here are the latest under 50-unit resi projects proposed in LA

Here are the latest under 50-unit resi projects proposed in LA

539 Hobart Boulevard and 627 N Dillon Street (Credit: Redfin and Google Maps) Combined, they would add 137 units to the county’s housing stock By Natalie Hoberman | Research by Haru Coryne original article: https://therealdeal.com/la/2019/04/22/here-are-the-latest-under-50-unit-resi-projects-proposed-in-la-8/ 539 Hobart Boulevard and 627 N Dillon Street (Credit: Redfin and Google Maps) Projects filed […]

More Americans are choosing not to tap into their home equity

More Americans are choosing not to tap into their home equity

Less homeowners are tapping into their home equity (Credit: iStock) By Kenneth R. Harney original article: https://therealdeal.com/miami/2019/04/19/more-americans-are-choosing-not-to-tap-into-their-home-equity/ American homeowners are doing something surprising: Despite record amounts of home equity available to them — an estimated $1.5 trillion worth — they are tapping into it less via home-equity […]


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