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...

  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...

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...

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

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...

LA Land has moved to a bigger, brighter, newer home. You can now find it in our Money & Company blog. You will still be able to find all the real estate news, foreclosures, and Hot Property pieces, but now in our uber-business blog.  Before you click...

Aleppo pine -- Pinus halepensis Tough and rugged as a movie outlaw, the Aleppo pine's asymmetrical shape, leaning habit, sparse foliage, haphazard branching pattern, and grayish branches and needles contribute to a picturesque image. But it isn't a...

First-time buyers made up a bigger share of the housing market in 2009 than any other year on record, according to a study released this afternoon. The number of first-time home buyers rose to 47% of all home sales from 41% of transactions in last...

Still sorting out your weekend plans? Maybe it’s time to snap up that discounted downtown loft. Beverly Hills-based auction company Kennedy Wilson is closing out 55 units in the Market Lofts building with a session Saturday. The auction is part of a...

A rising number of Californians are finding themselves in financial limbo, having defaulted on their mortgages but still living in their homes, a new report has found. The report by Foreclosureradar.com (registration required) found that while the...