The Antelope Valley Commerce Center has landed entitlements to build 8 million square feet of warehouses in Palmdale. Combined with previous entitlements for 1.4 million square feet, the development now has a... Read more »
The Los Angeles “mansion tax,” officially known as Measure ULA, was adopted nearly three years ago to combat homelessness and fund affordable housing, but new research suggests the policy has backfired, stalling... Read more »
From Census: Building Permits: Privately‐owned housing units authorized by building permits in February were at a seasonally adjusted annual rate of 1,518,000. This is 1.9 percent above the revised January rate of... Read more »
While the number of new homes rose by 4.2% in the U.S. last year, this was primarily led by a 22% increase in the multifamily sector. Single-family housing permits, meanwhile, slowed in... Read more »
Mohamed Hadid and 9650 Cedarbrook Drive in Beverly Hills (Hilton-&-Hyland, Getty) Mohamed Hadid’s spec home in Beverly Hills, once the largest home ever permitted in Los Angeles, is in danger of losing... Read more »
The housing market continues to face considerable headwinds from rising interest rates and interruptions in the building material supply chain, which boost construction costs. Housing Starts refer to the number of new... Read more »
Housing starts surprised in October. They rose to a seasonally adjusted annual rate of 1,372,000, the highest in three months, according to the U.S. Department of Housing and Urban Development and U.S.... Read more »