Real Estate Buyers

Private sales of homes, known as 'pocket listings,' are surging

2013-05-10 21:24:00

WASHINGTON — How hot is hot when it comes to housing markets across the country right now? Crazy hot: Some houses sell within days, sometimes within hours, of listing. Then there are the growing numbers that sell even before they formally hit the...

California's housing market surges in April

2013-05-15 14:33:00

California’s housing market surged last month as prices jumped from Southern California to the San Francisco Bay Area. The state’s median home price in April ticked up 3.5% from the previous month and soared 22.7% from the same month a...

Former Merv Griffin office in Beverly Hills is sold to Kuwait

2013-05-16 03:00:00

The government of Kuwait bought a modest but expensive office building in downtown Beverly Hills where the country is expected to move its local consulate. The property at 130 S. El Camino Drive was built in 1951 and formerly housed the offices of...

Southland home prices surge in April as inventory tightens

2013-05-14 18:05:00

A frustrating housing market for Southland buyers swelled in April as prices surged and inventory tightened. Homes sold at the fastest clip for that month in seven years, as regular buyers and investors snapped up more than 21,000 homes in the six-...

Southland housing market heats up in April

2013-05-14 10:17:00

Home prices in the Southland surged last month and sales reached boom-era levels. Dwellings in the six-county area sold at the fastest clip for an April in seven years, as regular buyers and investors snapped up a total of 21,415 properties, real estate...

Skin-care firm Murad to move offices to another El Segundo site

2013-05-16 04:45:00

Skincare giant Murad Inc. will relocate its global headquarters to another location in El Segundo in a $35-million move. The maker of beauty and health products sold in 41 countries agreed to lease 45,000 square feet in Continental Park, an office and...

Two Prop. 13 defenders decry abuse of loophole by corporations

2013-05-07 20:49:00

Two prominent defenders of Proposition 13 spoke out on Tuesday against "gimmicks" used by some companies to avoid paying additional property taxes when buying real estate in California. Responding to a Los Angeles Times story that ran Sunday, the...

Competition for truck buyers heats up

2013-05-04 05:00:00

Trucks are the hottest segment of the U.S. auto industry this year, as housing and construction rebound and small businesses open the purse strings to replace aging equipment. Sales are up 11% through the first four months of this year, far above the...

Developers buy Rhythm & Hues' ex-headquarters in El Segundo

2013-05-09 14:41:00

The former El Segundo headquarters of the visual effects studio Rhythm & Hues has been sold for $25 million to real estate developers who plan to upgrade it and turn it into an office campus for creative firms. Rhythm & Hues was acquired in March in a...

Oracle CEO Larry Ellison makes Malibu real estate his own

2013-05-05 00:00:00

On busy Pacific Coast Highway in Malibu, some well-kept facades conceal a secret. Behind the Mediterranean with wooden doors, the white stucco two-story with a red tile roof, the long wall obscuring a three-structure compound, hides a singular,...

Ex-state Sen. Michael Rubio fined for not reporting home sale

2013-05-06 16:30:00

SACRAMENTO -- Former state Sen. Michael Rubio (D-Shafter) has agreed to pay a $200 fine to the state ethics agency for failing to properly disclose that he sold his house in Bakersfield to an oil company executive who had lent him hundreds of thousands of...

Some homes are slow to sell even in the hottest markets

2013-05-04 00:00:00

WASHINGTON — With full-fledged sellers' markets underway in dozens of metropolitan areas around the country, new research has found curious statistical patterns emerging: Even in cities where listings get multiple offers within days or hours,...

New ranches in Henning Estates in near northwest suburban Huntley, appeal to all kinds of home buyers.

2013-05-16 12:59:28

Home buyers should keep in mind not just the features they want now, but those they may need for the future.

2013-05-09 08:39:36

Kathryn Kovitz Arnold has been selected as the chair of the real estate practice at Shefsky & Froelich. She succeeds Anthony Licata who is becoming chair for the firm's private client practice. Arnold has been with the firm for 24 years and is chair of the condominium practice.

2013-05-03 00:00:00