The city is taking on McMansions again

The city is taking on McMansions again

The City of Los Angeles appears ready to tackle one of the biggest headaches for homeowners in older neighborhoods: Mansionization, the practice of tearing down smaller houses and replacing them with outsized residences. The City Council this week voted 13-0 to...
Los Angeles County home prices are up 7 percent

Los Angeles County home prices are up 7 percent

It’s not getting any easier to afford a home in Los Angeles County, where home prices soared 7.4 percent in October, according to a new report from real estate tracker CoreLogic. The company put the median price of home at $525,000. In October 2015, that midpoint...