Real Estate


 

iBuyer companies want to buy your Southern California home

Travis Page, owner of Clover’s Lawn Service, rakes leaves at an Opendoor house on Joltaire Way in Winchester in December. Opendoor became the fourth iBuyer to start operating in Southern California. Although iBuyers have been active since 2014, the online home-buying model didn’t reach Southern California until 2017. (Photo by Frank Bellino, contributing photographer) Southern California is relatively new to the iBuyer trend, which prefers markets with large expanses of cookie cutter tract ho...
Tags: Amazon, Business, Real Estate, Minneapolis, California, Housing, Oregon, Time, Los Angeles, Sport, Soccer, Arizona, Innovation, Long Beach, Kansas City, Seattle


What’s an iBuyer? These companies will buy your home quicker, but at what cost?

Travis Page, owner of Clover’s Lawn Service, rakes leaves at an Opendoor house on Joltaire Way in Winchester in December. Opendoor became the fourth iBuyer to start operating in Southern California. Although iBuyers have been active since 2014, the online home-buying model didn’t reach Southern California until 2017. (Photo by Frank Bellino, contributing photographer) Southern California is relatively new to the iBuyer trend, which prefers markets with large expanses of cookie cutter tract ho...
Tags: Amazon, Business, Real Estate, Minneapolis, Housing, Oregon, Time, Los Angeles, Sport, Soccer, Arizona, Innovation, Long Beach, Kansas City, Seattle, Riverside County


Home sales in Southern California have slowed to the lowest level since 2008

January is typically the slowest month for home sales. This year, sales statewide in the first month were the slowest of any month since April 2008. Has the real estate market cooled in California? Yes, since price gains have slowed. On the level There might be some good news for Californians stretching to buy a home. The statewide median home price declined to $538,690 in January. The statewide median price was down 3.4 percent from $557,600 in December and up 2.1 percent in January from a revi...
Tags: Business, Real Estate, News, California, Housing, California News, Los Angeles, Infographic, Sport, Soccer, Homes, Bay Area, Southern California, Los Angeles Orange, California Association Of Realtors, Jared Martin


See which iBuyers are operating in Southern California

iBuyers — or companies that buy homes directly from owners — first surfaced in Southern California in January 2017, when RedfinNow paid $285,000 for a four-bedroom house in Hemet. Here’s a brief description of the five iBuyers now operating in the region. RedfinNow: Owned by Redfin.com, a discount brokerage, it has purchased at least 164 homes since January 2017 in San Diego, Riverside, San Bernardino, Orange and Los Angeles counties. Offerpad: The Arizona company has bought at least 94 homes s...
Tags: Business, Real Estate, Housing, Los Angeles, Sport, Soccer, Arizona, San Diego, Zillow, Redfin, Southern California, Inland Empire, Hemet, Paul Reddam, CashCall, Top Stories LADN


Christie Brinkley Swaps Rented Condos in Manhattan (EXCLUSIVE)

Word has slipped down the celebrity-property-gossip grapevine that Christie Brinkley and her pooch Chester have settled into a new and pricey rented apartment in New York City’s West Village that was last listed at $25,000 per month. Owned by a real estate investment concern and located on the higher floor of a swank, multi-building complex […]
Tags: Real Estate, New York City, Manhattan, Real Estalker, Chester, West Village, Christie Brinkley, Christie Brinkley Swaps Rented Condos


House prices see tiny gains as sales continue to decline, Realtors report

House prices fell in Orange County last month, the only local market in the region to see declines, a report by the California Association of Realtors shows. But price gains remained tepid throughout Southern California, a possible sign the region’s 6 1/2-year streak of steadily increasing values could be over. The median price of an existing Orange County house fell 1.6 percent year over year in February, decreasing to $792,500 from over $805,000 in February 2018, CAR reported Tuesday, March 19...
Tags: Business, Real Estate, Housing, Los Angeles, Sport, Soccer, Orange County, Riverside County, Southern California, Los Angeles County, San Bernardino County, California Association Of Realtors, Housing Data, Jared Martin, Top Stories LADN, Top Stories OCR


Morning Docket: 03.20.19

* "It’ll never happen. I guarantee it won’t happen for six years." Contrary to what Democratic presidential candidates are suggesting, President Trump doesn't want anything to do with expanding the size of the Supreme Court. [Reuters] * As it turns out, special counsel Robert Mueller was investigating Michael Cohen much sooner than he originally led on, and the Cohen probe was handed off to the S.D.N.Y. long before campaign-finance violations were even discovered. [Wall Street Journal] * Tha...
Tags: Real Estate, Crime, Supreme Court, Law, Donald Trump, Campaign Finance, Law Schools, Trump, Reuters, Cohen, Michael Cohen, National Law Journal, Robert Kraft, Robert Mueller, Georgetown Law, Georgetown University Law Center


‘Grey’s Anatomy’ Showrunner Krista Vernoff Seeks Sale of Los Feliz Home (EXCLUSIVE)

Fresh on the heels of inking a multiyear deal with ABC to create and develop new projects under their Trip the Light Prods. banner, “Grey’s Anatomy” showrunner Krista Vernoff and producing partner/husband Alexandre Schmitt, an accomplished music video and commercial producer, have listed their solar-powered home in a quiet corner of L.A.’s Los Feliz area […]
Tags: Real Estate, Abc, Real Estalker, Grey, Grey's Anatomy, Los Feliz, Krista Vernoff, Los Feliz Home, Alexandre Schmitt


Trudeau aims to help home-buying millennials with Canadian equity plan

The government will provide up to 10 percent funding for new homes and 5 percent for existing homes to reduce mortgage costs for low- to middle-income buyers.
Tags: Business, Real Estate, News, Trudeau



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