Affordable housing is a oxymoron in Los Angeles. The California Supreme Court has taken steps to address the problem by making it easier for cities and counties to require developers to sell housing at below market rates. This could be a condition attached to the issuance of building permits. The
...
06/26/2015
The battle over restricting short-term rentals in Los Angeles continues to wage. While Santa Monica has passed an ordinance banning the rental of a home for less than 30 days unless the owner is in residence, other neighborhoods are fighting the policy. This action was shut down in Silver Lake an
...
06/18/2015
Much of Los Angeles is experiencing a sellers’ market right now.How do you define a sellers’ market? It is based on low inventory. Loosely you would take the number of homes sold over the past six months compared with the number of homes for sale; that will give you the number of months it will
...
06/09/2015
