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$33 Million Senior Housing Complex Underway in Arcadia

A major senior housing development is underway in Arcadia, California, as the community confronts a pressing need for quality housing for its aging population....
Business

California Home Prices Drop Steeper; LA Median $1.06M

High interest rates and ongoing economic uncertainty weighed on the U.S. housing market last year, and home prices in California fell by a steeper...
Business

California Down Payment Takes 34 Years to Save in Los Angeles

Saving a California down payment can take more than 30 years, according to an analysis. The analysis by Realtor.com found that in Los Angeles, it...
Business

Renting vs Owning California: Renters Save $3,331 Monthly

The renting vs owning California picture now clearly favors renters, as new data shows they save far more than homeowners each month. According to...
Business

50-Year Mortgage Cuts Payments but Doubles Total Interest

The idea of a 50-year mortgage has been floated, pitching it as a way to make homeownership more affordable. But a closer look at...
Business

California Home Affordability Rises as 17% Can Buy Homes

California home affordability improved slightly in the third quarter, with 17% of households able to buy a median-priced single-family home, according to the California...
Business

Southern California Rent Prices Among Nation’s Highest

Southern California has emerged as the most expensive region for renters in the United States, according to a new analysis by Apartment List. The...
Business

Los Angeles Home Prices Up 292% in the Past 50 Years

Los Angeles home prices have climbed 292% over 50 years, placing the metro third nationwide in long-run gains, according to Realtor.com’s analysis of FHFA...
Business

California Homebuyers Need 10 Years to Save for Down Payment

Middle-income earners in California need more than 10 years of consistent savings to afford a home, according to a new report by Leave the...
Business

Mortgage Shopping Can Cut Loan Costs by $110K in California

Californians can save big by comparing mortgage options, with new data showing potential lifetime savings of more than $110,000—the highest in the nation. LendingTree, an...
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