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Is the LA Housing Market Making Big Shifts or Treading Water?

At first glance, January seems like it was a big month for the Los Angeles housing market… at least in some neighborhoods. The absorption rate had massive drops toward a buyer’s market in Northridge and Burbank. Then there was a significant drop in Encino which we’ll also examine a bit more in just a moment. That’s not to detract from decent bumps further into seller&rs...

The Massive Mansion That Became the Most Expensive Home in the Valley

All photos: Realtor.com/Coldwell Banker During the course of our Home Spotlight series, we’ve mostly focused on homes with history. More often than not, these have been hulking behemoths and architectural oddities that would be more difficult to build in modern times. When was the last time you saw a home constructed on a scale comparable to Bob Hope’s Palm Springs home...

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New Bill Aims to Expedite Residential Development of California’s Commercial Properties

California has been toiling away at solutions for its housing crisis since last year with varying degrees of success. Take for example the two bills that Governor Gavin Newsom signed into law last September. Those bills made it easier to turn underutilized strip malls into housing. Now, a San Francisco lawmaker is introducing a new bill with a focus on fast-tracking residential develo...