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L.A. Land

Peter Viles on the rapidly changing landscape of the Los Angeles real estate market and beyond.
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Freddie Mac confirms: 30-year rate below 5% again

Nov 5, 2009
A Freddie Mac survey out today shows the average fixed rate for a traditional 30-year home loan was back below 5% this week. It was the second industry survey in two days to show the rate below the threshold, which has become a psychological trigger...

Hot Property: Former home of actress Dorothy Dandridge lists for $3.5 million

Oct 23, 2009
  A Hollywood Hills home once owned by Oscar-nominated film star and singer Dorothy Dandridge ("Carmen Jones," "Porgy and Bess") is on the market at $3,495,000. The restored 1926...

96% of U.S. metro areas lost construction jobs this year, research finds

Sep 30, 2009
Construction employment dropped this year in more than 96% of the country’s metropolitan areas, according to research released today by the Associated General Contractors of America. Of the 337 metropolitan areas, construction-related jobs plunged...

Average U.S. closing costs fall; San Francisco grabs the No. 4 spot

Sep 3, 2009
The average cost of getting a mortgage dropped about 12% nationwide over the last 12 months, according to a new study by Bankrate Inc.

California homes account for 9 out of 10 of the nation's most-searched-for dwellings

Aug 31, 2009
The Top 10 national list of most-searched-for homes last week at Realtor.com among those within 20% of the median list price of $219,300 included nine California homes. Some of the Southern...


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