Laguna Beach cottage lists for $18 million
A Laguna Beach cottage is on the market for more than $18 million dollars. The hefty price tag comes with a priceless ocean view.
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A Laguna Beach cottage is on the market for more than $18 million dollars. The hefty price tag comes with a priceless ocean view.
KCAL News Anchor Pat Harvey launches a new series where she dives into various topics and issues with her guests in a more intimate and unfiltered setting. This week, Pat sits down with LA businessman Rick Caruso to discuss his successful career in real estate across Southern California, the issues facing Los Angeles, and his future in politics.
"Rebuilding SoCal" is KCAL News' commitment to holding leaders accountable, getting answers, and showcasing Southern California solidarity and strength in the wake of the Palisades and Eaton Fires. This week, some homeowners say their hopes of returning to their homes are getting pushed back as their insurer, the California Fair Plan, denies or undervalues their claims. Our Kristine Lazar looks into what the Fair Plan covers and if it follows state law. Additionally, the Small Business Administration has offered a grace period for struggling homeowners and businesses looking to apply for low-interest loans. The new deadline is May 30, 2025. Also, TV star and activist Paris Hilton is stepping up to help 50 women-owned businesses affected by the Palisades and Eaton Fires. Plus, our Desmond Shaw gives us a new and fuller perspective of the burn areas from SKYCAL as we approach the three-month mark. KCAL News has partnered with the American Red Cross to help those affected by the LA Fires. If you'd like to donate, go to redcross.org/KCAL
The order targets opportunistic real estate speculators who make unsolicited cash offers well below market value in attempts to exploit victims of the Los Angeles-area fires.
The Average rate for 30-year fixed mortgage now stands at 6.44%, the lowest in 16 months, according to the Mortgage Bankers Association.
The landmark deal, which goes into effect Saturday, could cause real estate fees to drop by as much as 30%, experts say.
Many so-called zombie mortgages date back to the 2008 financial crisis, and consumer advocates warn a new wave of zombies could be on the horizon — this time, from all the home equity credit lines taken out during the pandemic.
The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.
The White House is proposing a "mortgage relief credit" that would give homebuyers an annual tax credit of $5,000 for two years.
Although home prices have continued to rise across much of the U.S., homeowners in some states saw their home equity shrink.
Eagle Mountain, founded in 1948, was a bustling company village for Kaiser Steel Mine until its closure in the '80s.
It's no secret that Southern California housing is not cheap. But how many jobs do you need to afford rent? Real estate website Zillow crunched the numbers -- and they are startling. Joy Benedict takes an exclusive look.
As we head into 2023, many real-estate experts predict the housing market will start to favor buyers.
The average long-term U.S. mortgage rate rose this week after falling for six straight weeks, adding to the challenges potential homebuyers face amid higher home prices and a limited supply of available houses.
The Cleveland, Ohio-based home was last bought on eBay in 2004, but has undergone a "massive renovation" since.
Surge in borrowing costs is pushing some buyers out of the market, while sellers face a quandary.
The average rate on a 30-year fixed-rate mortgage now sits at 6.92%, the highest it has been since 2002.
With interest rates rising another .75%, Southern California's once red-hot real estate market has calmed down. Jeff Nguyen reports.
As the ability to afford a home slips farther out of reach for many working people, California is using some of its budget surplus to help struggling home buyers with a new program that puts a down payment on the state's future.
Home prices are skyrocketing amid a shortage of properties — a crisis spreading to once-affordable towns across the U.S.
Josh Altman talked to Amy Johnson about his newest endeavor and what he's seeing in Southern California real estate trends.
CBS News Business Analyst Jill Schlesinger joined the studio to discuss the current house market, what to expect with rising rent prices and how to seek relief if available.
The Forgivable Equity Builder loan helps people who have not been able to save up a hefty down payment. Chris Holmstrom reports.
Eric Chavez, founder of Victoria Street Real Estate, talks to CBS2 News This Morning about how to navigate the real estate market.
The megamansion sold for less than a quarter of what developer Niles Niami once suggested would be over $500 million.
An alleged arsonist was arrested after setting fire to Banning City Hall and the Banning Police Station on Tuesday, according to police.
Police say that a man allegedly shot and killed a woman believed to be his girlfriend during a dispute early Wednesday morning.
Police were notified by staff at John W. North High School on March 2 that several campus HVAC systems were damaged and stripped of materials. Officers began an investigation and, through surveillance footage, identified the suspects and their vehicle.
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
Aaron Rodgers says his 22nd season in the NFL will be his last.
On Tuesday, fire officials said the Sandy Fire had experienced significant growth due to shifting winds, steep terrain and canyon-driven fire behavior.
An alleged arsonist was arrested after setting fire to Banning City Hall and the Banning Police Station on Tuesday, according to police.
Police say that a man allegedly shot and killed a woman believed to be his girlfriend during a dispute early Wednesday morning.
Police were notified by staff at John W. North High School on March 2 that several campus HVAC systems were damaged and stripped of materials. Officers began an investigation and, through surveillance footage, identified the suspects and their vehicle.
At least four people were injured as a result of the blaze, according to Cal Fire.
Police were notified by staff at John W. North High School on March 2 that several campus HVAC systems were damaged and stripped of materials. Officers began an investigation and, through surveillance footage, identified the suspects and their vehicle.
One of the suspects arrested was connected to more than 25 burglaries throughout the city of LA, including 14 in the San Fernando Valley.
Nelson Andres Holdo is accused of swindling 22 victims out of hundreds of thousands of dollars for Rolex watches that never existed.
The LAPD said two male suspects broke into an apartment unit in a complex and stole clothes, jewelry and luggage before getting away.
On Tuesday, fire officials said the Sandy Fire had experienced significant growth due to shifting winds, steep terrain and canyon-driven fire behavior.
Police say that a man allegedly shot and killed a woman believed to be his girlfriend during a dispute early Wednesday morning.
Air quality monitors issued a smoke advisory as the Bain, Sandy and Santa Rosa Island wildfires continue to burn in Southern California.
"Single-pole beach umbrellas are the only shade structures permitted on city beaches, except within designated canopy zones," the City of Laguna Beach wrote on social media.
The new 3,700-gallon tank will help water-dropping helicopters quickly refill and return to dousing any wildfires in the area.
Disturbing video showing a dog chained up in the back of a pickup truck on the 5 Freeway in Southern California has sparked a call to action to help the pup find a new home.
An alleged arsonist was arrested after setting fire to Banning City Hall and the Banning Police Station on Tuesday, according to police.
Police were notified by staff at John W. North High School on March 2 that several campus HVAC systems were damaged and stripped of materials. Officers began an investigation and, through surveillance footage, identified the suspects and their vehicle.
Air quality monitors issued a smoke advisory as the Bain, Sandy and Santa Rosa Island wildfires continue to burn in Southern California.
A homicide investigation is underway in Riverside County after a 47-year-old man was found shot to death early Tuesday morning.
A San Bernardino County woman was shocked to discover that what appeared to be someone else's ashes were already being stored inside of an urn she had ordered from Amazon for her late husband's ashes.
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
The Amazon founder said eliminating taxes for lower-income Americans could ease financial pressure and encourage entrepreneurship.
The $1.776 billion fund, which is part of the agreement to settle Trump's lawsuit against the IRS and Treasury Dept., is to be used to compensate those who claim that the government weaponized the legal system against them.
The Supreme Court's term is set to end around the end of June, with decisions on birthright citizenship, transgender athlete bans and gun rights still to come.
"These subjects did not discriminate in who they hated," said Mark Remily, special agent in charge of the FBI's San Diego Field Office.
Former Cuban leader Raúl Castro was indicted by a U.S. grand jury in connection with the Cuban military's fatal downing of two planes in 1996 — an escalation in the U.S. pressure campaign against the Cuban government.
Barney Frank, a Democrat who represented Massachusetts in Congress for 32 years, has died. He was 86 years old.
The $1.776 billion fund, which is part of the agreement to settle Trump's lawsuit against the IRS and Treasury Dept., is to be used to compensate those who claim that the government weaponized the legal system against them.
The Supreme Court's term is set to end around the end of June, with decisions on birthright citizenship, transgender athlete bans and gun rights still to come.
Angered Arcadia residents flocked to the first city council meeting since their former mayor pleaded guilty to being a Chinese spy last week.
Voters in California may soon decide on a ballot measure that seeks to help the state's middle class afford to buy a home, by establishing a $25 billion loan program that would provide down payment assistance.
Some Trader Joe's shoppers will get a payout after a lawsuit alleged that the retailer's customer receipts put shoppers at risk of ID theft.
California Attorney General Rob Bonta and local prosecutors urged parents to check their children's e-bikes, saying some of the vehicles may be motorcycles or mopeds capable of high speeds.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
A bill that would reverse a 25% tax increase on California's legal cannabis industry is heading to Gov. Gavin Newsom's desk, after being approved by the legislature.
Los Angeles County health officials on Saturday confirmed the fifth measles case of the year in an international traveler who arrived at Los Angeles International Airport earlier in the week.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
California public health officials said on Wednesday that they have identified a fifth resident who may have been exposed to the Andes hantavirus due to the outbreak on the MV Hondius cruise ship.
An American on the repatriation flight began showing symptoms of hantavirus and another "tested mildly PCR positive for the Andes virus," the Department of Health and Human Services says.
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
Voters in California may soon decide on a ballot measure that seeks to help the state's middle class afford to buy a home, by establishing a $25 billion loan program that would provide down payment assistance.
Some Trader Joe's shoppers will get a payout after a lawsuit alleged that the retailer's customer receipts put shoppers at risk of ID theft.
California Attorney General Rob Bonta and local prosecutors urged parents to check their children's e-bikes, saying some of the vehicles may be motorcycles or mopeds capable of high speeds.
A home-based food movement has been heating up in California, with home cooks turning their beloved family recipes into small businesses.
More than a dozen cities and counties across California were given a "final warning" from state officials Wednesday, saying they have failed to properly plan for additional new homes amid the state's lack of affordable housing.
Aaron Rodgers says his 22nd season in the NFL will be his last.
Nick Kurtz had three hits and five RBIs, Brent Rooker and Zack Gelof homered and drove in three runs apiece as the Athletics beat the Los Angeles Angels 14-6.
Alex Call slid home with the tiebreaking run on Andy Pages' sacrifice fly off Mason Miller in the ninth inning, and the Los Angeles Dodgers hung on for a 5-4 victory over the San Diego Padres.
Athletics starter J.T. Ginn took a no-hitter into the ninth inning Monday night before Adam Frazier lined a leadoff single for the Los Angeles Angels and Zach Neto crushed a two-run walk-off homer to secure the unlikely 2-1 win.
The San Diego Padres snapped the Los Angeles Dodgers' five-game winning streak with a 1-0 victory.
A judge has paused the prosecution of a woman charged with the attempted murder of Rihanna while it is determined whether she is mentally competent to stand trial.
René Cárdenas, the first Spanish-language broadcaster for the Los Angeles Dodgers, Houston Astros and Texas Rangers during a 60-year career, has died.
Spencer Pratt has said he was compelled to launch his unlikely mayoral run after his home was destroyed in last year's devastating Los Angeles wildfires.
Uzo Aduba and Darren Criss announced the 2026 Tony nominees for select categories on "CBS Mornings" on Tuesday.
A trial in the lawsuit between Blake Lively and Justin Baldoni was set to begin later in May.
Rina Nakano profiles Serving Advantage, the Orange County nonprofit organization that gives teenagers with disabilities a chance to learn tennis through an adaptive program developed by other teens.
A brush fire dubbed the Sandy Fire, burning in the Simi Valley area, has grown to more than 2,100 acres on Wednesday as crews continue to battle flames. Jeff Nguyen reports.
Police say that a man allegedly shot and killed a woman believed to be his girlfriend during a dispute early Wednesday morning. Michele Gile reports.
Kalyna Astrinos, Michele Gile, and Rina Nakano gather with Irvine community members at The Lost Bean.
Nancy Davis, founder Race to Erase, talks about the 2026 gala event, June 5 at the Fairmont Century Plaza.
Widely considered the greatest architect of his time, Frank Gehry helped shape Los Angeles' skyline.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Franklin Fire in Malibu quickly grew overnight and threatened several homes. Evacuation orders were issued and Pepperdine University instructed students to shelter in place.
Several people have been injured and multiple homes burned after the Mountain Fire broke out Wednesday morning in Ventura County, burning over 10,000 acres within hours.
