AI boom catapults San Francisco median home price above  million

AI boom catapults San Francisco median home price above $2 million

The artificial intelligence boom has driven up San Francisco’s median home sales price to a record $2.15 million. Real estate brokerage firm Compass said that recent transactions showed that some parts of... Read more »
Companies are buying their buildings instead of renting them as office values bottom out around Los Angeles

Companies are buying their buildings instead of renting them as office values bottom out around Los Angeles

As the office market bottoms out after a long fall, renters are swooping in to buy their own buildings. Occupant businesses are seizing the opportunity to become owners, especially in downtown Los... Read more »
Notorious dead mall in Westminster is on track for redevelopment

Notorious dead mall in Westminster is on track for redevelopment

Westminster Mall, a once-popular shopping center that has been desecrated by graffiti and vandalism since it closed last year, is on track for demolition soon. It will be replaced with housing, a... Read more »
Kanye West sues ex-employee over Malibu mansion lien

Kanye West sues ex-employee over Malibu mansion lien

Kanye West, the rapper now known as Ye, is suing his former project manager and his lawyers, alleging they wrongfully put a $1.8 million lien on his former Malibu mansion. The suit,... Read more »
Housing Tracker: Southern California home values rise slightly in October

Housing Tracker: Southern California home values rise slightly in October

Southern California home prices rose in October, stopping a five-month skid that saw the average home value fall more than $14,000 since April. In October, the average home price across the six-county... Read more »