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During the second quarter of this year, only 23 percent of California households could afford to purchase the $817,950 median-priced single-family home.

Residential real estate values are climbing across the board, influencing not only the price of homes but also the land they occupy.

Designed by Los Angeles-based design-build practice Marmol Radziner, the three residential buildings would pay homage to the hotel’s Mid-Century Modern aesthetic.

The Los Angeles housing market posted strong sales gains across all price tiers during the second quarter of 2021, but the number of multi-million dollar transactions in the high-end and luxury segments soared exponentially.

Data published today by the US Census Bureau has left some housing experts wondering whether the party’s over for the new construction market.

Hundreds of active wildfires burning throughout the western United States and Canada are threatening to slow down sawmill production and send lumber prices higher once again.

According to Redfin’s second-quarter migration report, 18.6 percent of Los Angeles-based users on the platform looked to leave the metropolitan area.

Even small parcels of La La Land will cost you a pretty penny these days.

Pending Los Angeles County home and condo sales dipped in June, raising questions over whether this is merely a seasonal slowdown or a signal that the market is beginning to normalize.

Rent prices have been rising steadily since April when the daily vaccination rate peaked and Angelenos grew optimistic about the ‘return to normal.’

The home building industry is making up for lost time, constructing new single-family homes at a pace not seen since 2007.

The four-bedroom, four-and-a-half-bathroom Lower Penthouse spans the entire ninth floor of the 12-story condominium, showcasing 360-degree ocean and city views.

Greater Houston issued 52,029 single-family building permits in that timeframe and added 120,900 new jobs.

Direct-to-investor real estate investment platform Fundrise announced last week that they had closed a $300 million credit facility with Goldman Sachs to bankroll the construction of nearly half a billion dollars worth of new single-family rentals across the Sunbelt.

Located at 777 Sarbonne Road, the design of the home was inspired by Fibonacci’s Golden Ratio.

April’s weakened performance was largely expected due to rising material costs, labor shortages, and a lack of buildable lots for sale.