Housing Tracker: Southern California home values drop in December

Housing Tracker: Southern California home values drop in December

Southern California home prices dropped again in December, capping off a yearlong skid that saw the average home value in the six-county region drop by more than $7,000. In December, the average... Read more »
EXCLUSIVE: Gene Hackman’s .3 Million Santa Fe Compound Finds a Buyer in Days—Less Than a Year After He and Wife Betsy Died There

EXCLUSIVE: Gene Hackman’s $6.3 Million Santa Fe Compound Finds a Buyer in Days—Less Than a Year After He and Wife Betsy Died There

Hollywood legend Gene Hackman‘s longtime New Mexico home has come under offer, mere days after it was put on the market for $6.25 million—and less than a year after the actor and... Read more »
Rick Caruso shuts door on political ambitions this year

Rick Caruso shuts door on political ambitions this year

Rick Caruso is out. The billionaire developer of Rosewood Miramar Beach, Palisades Village, The Grove and Americana at Brand confirmed late Friday he will not be running for elected office this year.... Read more »
J.P. Morgan Predicts the Fed Will Make No Interest Rate Cuts in 2026—but Expects a ‘Hike’ Next Year

J.P. Morgan Predicts the Fed Will Make No Interest Rate Cuts in 2026—but Expects a ‘Hike’ Next Year

The top economist at J.P. Morgan believes the Federal Reserve is done cutting interest rates and will hold policy steady through 2026, with the next move likely a hike in 2027. “We... Read more »
L.A. wildfire-scarred businesses are still stuck in the aftermath

L.A. wildfire-scarred businesses are still stuck in the aftermath

The charred remains of the historic Pacific Palisades Business Block cast a shadow over a once-bustling shopping district along West Sunset Boulevard. Empty lots littered with debris and ash line the street... Read more »
Ellen DeGeneres Buys .4 Montecito Mansion as Rumors Swirl of a Return to U.S.—1 Year After She Relocated to the U.K.

Ellen DeGeneres Buys $27.4 Montecito Mansion as Rumors Swirl of a Return to U.S.—1 Year After She Relocated to the U.K.

Comedian Ellen DeGeneres has thrown herself back into the U.S. housing market with gusto, snapping up a stunning Montecito mansion for $27.4 million in an off-market deal that closed at the end... Read more »
California’s exodus isn’t just billionaires — it’s regular people renting U-Hauls, too

California’s exodus isn’t just billionaires — it’s regular people renting U-Hauls, too

It isn’t just billionaires leaving California. Anecdotal data suggest there is also an exodus of regular people who load their belongings into rental trucks and lug them to another state. U-Haul’s survey... Read more »
Taylor Morrison leads most-trusted rankings for 11th year in 2026

Taylor Morrison leads most-trusted rankings for 11th year in 2026

For the past five-plus years up to this very day, an 800-lb gorilla takes a seat at the table at every meeting in every Taylor Morrison conference room in every one of... Read more »
Torrance shopping center sells for record price

Torrance shopping center sells for record price

A well-known shopping center in Torrance, anchored by a grocery store, has sold for a record price in the South Bay as real estate investors look for retail properties that don’t have... Read more »
Why 2026 might finally be the year homeowners let go of their 2–3 percent rates

Why 2026 might finally be the year homeowners let go of their 2–3 percent rates

For the last few years, many homeowners have felt like they were holding a winning hand, a two to three percent mortgage rate that seemed too good to ever give up. And... Read more »