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Real Estate
A spectacular eight-bedroom coastal retreat with every over-the-top amenity imaginable, including a rotating bed and stargazing roof, has just sold in Laguna Beach for a record-breaking $82,569,990.
A 24-unit apartment property in Costa Mesa sold for $9.44 million, or $393,333 per unit
As election season draws to a close, Los Angeles is stuck in a housing market where no one seems to be winning. Developers aren’t building new apartments. Many tenants can’t afford rent, even though prices have largely been frozen for the last four years and home values are dropping. L.A. is one of the most…
Roomvu, the artificial intelligence video marketing platform for real estate agents, launched a free tool on Monday that shows agents how AI search engines see them and how to rank higher in AI search.
The report takes a longer-term view than usual: Tracking 84 local ZIP codes and how their sales fared in the 12 months ending in April compared with the previous 12 months.
The more affordable the neighborhood, the better the odds its homes will sell quickly.
There were 2,328 sales in the period in communities with five or more sales and a median selling price of $1 million, says Attom data. That’s up 39% vs. the previous year. These seven-figure ZIPs accounted for 80% of countywide sales. The busiest million-dollar ZIP was Fountain Valley 92708 with 88 sales.
California housing prices are out of control. According to new Apartment List data cited in late August by the San Francisco Standard,asking rentsjumped 14 percent between March and July as the artificial-intelligence boom brought new workers and money into a housing market that was already severely constrained.
Aberdeen Investments wants to combine its real estate funds Aberdeen Investments has proposed to investors…