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As of 2019, the median age of an owner-occupied home was 39 years, up from 31 years in 2005.

If the bill is signed into law, California will likely become the first state to sanction multi-family housing on zoned commercial properties.

If the bill is signed into law, California would become the first state in the country to nix minimum parking requirements for new developments within a half-mile walking distance of public transit.

California-based housing data company Zonda announced today that it’s acquiring BuzzBuzzHome, the online real estate listings portal serving the new residential construction market and the owner of the Livabl media brand.

Former Los Angeles residents who fled the city last year didn’t go very far, according to a CBRE analysis of address changes filed with the US Postal Service.

Los Angeles’ spring housing market got off to an early start in March with pending sales in both the single-family home and condominium segments posting double-digit annual gains.

Upward America Venture is positioned to purchase and manage $4 billion worth of new single-family homes and townhomes from Lennar, and potentially other homebuilders, in high growth markets across the United States.

Motivated by a variety of factors, ranging from low interest rates to job layoffs, many Californians did pack up their things and move but most remained in-state.

An additional 59 percent said they would be at least somewhat confident putting in an offer on a home that they toured virtually but not in-person.

The surge in home buying activity that occurred in 2020, coupled with a reliance on digital tools due to the pandemic, underscored the need to modernize the closing process.

Los Angeles has experienced some of the sharpest rent declines in the country since the pandemic began around this time last year.

Home to America’s most expensive residential listing and scores of other exorbitantly-priced spec mansions, it’s no surprise that Los Angeles is one of the highest-valued real estate markets nationwide.

Riverside ranked ninth in a Zillow survey of cities where home value growth is expected to outperform the national average.

The LA dream is fading away for thousands of residents as the city’s high housing costs and pandemic-related restrictions make it a less desirable place to live.

The city of approximately 336,000 is home to a historic downtown, diverse restaurant scene, miles of hiking trails and fragrant citrus groves.

Los Angeles logged the seventh-largest price slump nationwide, with one-bedroom rents falling 13 percent year-over-year to a median of $2,000 per month.