Housing
Squatter's Rights and Wrongs: Some Making Money Off Foreclosed Homes
When the real estate bubble burst, many people lost their homes. But one man saw profit in abandoned properties. » continue reading
With Prices Sizzling in the Southland, Housing Market Looking Up
There are signs that the housing market has rebounded. That's good news for sellers, but if you're buying, you better get in line. » continue reading
Former City Controller Criticizes L.A. Leadership Over Housing Debacle
A former city controller sent an open letter to the people of Los Angeles expressing her disgust over misuse of taxpayer money. » continue reading
Housing:
Frank Zappa said it almost forty years ago, "It can't happen here." And indeed, for the first couple of years of the housing downturn, the high end market seemed immune. That's now changed, and even as more modest homes are starting to sell, upscale houses are are lingering unsold.
Housing:
Two years after the housing market peaked in Palmdale, one development is still ready for construction crews to arrive and start building. The two model homes stand alone in the sand, waiting for real estate agents to give tours. Instead, their windows and doors are boarded up with plywood. The pipes and wiring have been purloined by scavengers. And rather than homes for growing families, they have become hangouts for local gangs.
Housing:
Nearly half the homes on the market in the exclusive south Orange County community of Ladera Ranch are either bank-owned or up for short sale. The situation will only worsen if a predicted second wave of foreclosures hits this year.
The Young and the Homeless
Homelessness is painful enough, but especially so for the young. Some disturbing facts about the number of children with no place to call home. » continue reading
Selling Out
This story begins with a yard sale and ends with a profound reflection of a family that’s standing tall, even while selling short. » continue reading
The Renter
Keith Woodard says he learned the hard way that even a renter can lose a dream home. » continue reading
