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.
Brandon Mendez, 19, suffered a fractured spine and skull after a man accused of intentionally crashing into 10 people ran him over in Culver City last month.
California Gov. Gavin Newsom on Monday announced that nine new television productions would be awarded through the state's film and television tax credit program, which his office estimates will bring over $600 million in production spending.
The Los Angeles Police Department was in pursuit of a possible DUI driver in the San Fernando Valley.
Prosecutors said some of the recordings allegedly contained sexist, homophobic and racist remarks.
Former NFL quarterback Derek Carr has joined UCLA's coaching staff as a special adviser to head coach Bob Chesney.
"With profound sadness that we share that [Jackie] passed away in the early hours of this morning, following more than three weeks of intensive medical care," Ojai Raptor Center said.
Brandon Mendez, 19, suffered a fractured spine and skull after a man accused of intentionally crashing into 10 people ran him over in Culver City last month.
California Gov. Gavin Newsom on Monday announced that nine new television productions would be awarded through the state's film and television tax credit program, which his office estimates will bring over $600 million in production spending.
The Los Angeles Police Department was in pursuit of a possible DUI driver in the San Fernando Valley.
Prosecutors said some of the recordings allegedly contained sexist, homophobic and racist remarks.
Brandon Mendez, 19, suffered a fractured spine and skull after a man accused of intentionally crashing into 10 people ran him over in Culver City last month.
California Gov. Gavin Newsom on Monday announced that nine new television productions would be awarded through the state's film and television tax credit program, which his office estimates will bring over $600 million in production spending.
The Los Angeles Police Department was in pursuit of a possible DUI driver in the San Fernando Valley.
Prosecutors said some of the recordings allegedly contained sexist, homophobic and racist remarks.
The fire quickly grew to burn more than 350 acres int he Antelope Acres community.
Metrolink has opted to suspend routes heading through Orange County this week due to an extended period of high tides that are expected to batter the Southern California coast.
The looming El Niño could bring one of the wettest winters on record to California, according to renowned climatologist Daniel Swain.
Orange County Health Care Agency officials have confirmed the county's first human West Nile virus case of 2026, amid what some medical experts believe could be one of the worst mosquito seasons on record.
Drones used high-definition video to detect illegal aerial discharges, helping to pinpoint 13 properties and issue 8 citations totaling $240,000 under the city's new Social Host ordinance.
A study from the journal Science Advances confirms what many of us believed: that more heat waves mean more fires.
A deadly shooting suspect turned himself in to San Bernardino County authorities just hours after their investigation began in Hesperia on Friday.
Deputies say that the man pointed a firearm at them during the incident.
Deputies say that the 33-year-old man pointed a gun at another driver during a road rage incident in July.
The shooting happened on July 31 in the 33000 block of Simpson Road in Winchester, Riverside County deputies said.
The looming El Niño could bring one of the wettest winters on record to California, according to renowned climatologist Daniel Swain.
The recalled products with jalapeño were distributed at national retailers, including Walmart, Target and Trader Joe's, in 26 states.
The man who prosecutors say orchestrated the 1996 killing of rap icon Tupac Shakur, Duane "Keffe D" Davis, is on trial almost 30 years after the drive-by shooting in Las Vegas.
Don Nelson was one of two coaches in NBA history to have at least 250 wins with three different franchises — Milwaukee, Dallas and Golden State.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
Sandy Alcantara struck out eight in seven innings, becoming the Miami Marlins' career leader in innings pitched, and Xavier Edwards had three RBIs in a 7-0 victory over the Los Angeles Angels on Saturday.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
In a narrow 50-49 vote, President Trump's former defense lawyer was confirmed as attorney general in a vote early Saturday.
First Assistant U.S. Attorney Bill Essayli hired former top aide Shawn Lewis to be a federal law enforcement liaison, though Lewis has three prior convictions for driving under the influence and a pending battery charge.
The Pentagon on Friday released a new batch of documents and images related to UFOs, the fifth disclosure in recent months about the strange encounters.
A California lawmaker is making a final push to pass legislation that would restrict companies from using consumers' personal data and AI to set individualized prices, with supporters hoping to send the bill to the governor before the legislative session ends.
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.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
Orange County Health Care Agency officials have confirmed the county's first human West Nile virus case of 2026, amid what some medical experts believe could be one of the worst mosquito seasons on record.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
Officials are still searching for the source of the outbreak, prompting consumers to seek advice on social media about which foods to avoid.
A California lawmaker wants to address the rising cost of event tickets by limiting how much some tickets can be marked up on the resale market.
California Gov. Gavin Newsom on Friday announced the rollout of the state's new electric vehicle instant rebate program, touting it as part of an investment in the state's clean-vehicle future.
Initial findings showed no evidence of rising statewide unemployment claims from workers in occupations considered highly exposed to AI.
Ford is recalling more than 250,000 vehicles that were incorrectly repaired under a previous recall meant to fix a problem that caused the engine to stall while driving, according to the National Highway Traffic and Safety Administration.
The California State Assembly passed a new bill that they hope can rein in a black market in restaurant reservations.
Former NFL quarterback Derek Carr has joined UCLA's coaching staff as a special adviser to head coach Bob Chesney.
Congress is asking MLB to prohibit promotional deals with betting operators after Phillies star Bryce Harper was featured in a video for a FanDuel VIP reward customer.
Eduardo Rodriguez struck out nine in seven strong innings and the Arizona Diamondbacks clinched their first season series over the Los Angeles Dodgers since 2018 with a 4-2 win.
Kyle Stowers tripled, singled and drove in two runs before exiting because of left hamstring discomfort in the fifth inning, and the Miami Marlins beat the Los Angeles Angels 12-3 on Sunday.
Don Nelson was one of two coaches in NBA history to have at least 250 wins with three different franchises — Milwaukee, Dallas and Golden State.
California Gov. Gavin Newsom on Monday announced that nine new television productions would be awarded through the state's film and television tax credit program, which his office estimates will bring over $600 million in production spending.
A California lawmaker wants to address the rising cost of event tickets by limiting how much some tickets can be marked up on the resale market.
Some parts of the LA Jazz Festival were canceled just days before the citywide, two-week party was slated to begin, leaving performers and fans alike in the dark.
A performer will be living inside a billboard 30 feet above the Sunset Strip as Netflix promotes its new film "The Last House."
The Bob Baker Marionette Theater is releasing its first new show in four decades as the iconic team works to raise money and purchase its permanent home in Highland Park.
The Manhattan Beach Police Department arrested a man camping out in a resident's garage after the owner noticed food missing from the fridge.
Jackie, the bald eagle who gained national attention for raising eaglets in Big Bear with her partner Shadow, has died after receiving care in an animal care center, Ojai Raptor Center in California announced Monday. Nicole Comstock reports.
California Gov. Gavin Newsom on Monday announced that nine new television productions would be awarded through the state's film and television tax credit program, which his office estimates will bring millions in production spending. Gio Insignares reports.
Officers were in high-speed pursuit of an alleged DUI driver on Monday night when the suspect fled into a parking structure to evade arrest.
The Los Angeles Police Department officer accused of illegally recording his coworkers allegedly saying sexist, homophobic and racist remarks. Tom Wait reports.
Some of golf's best are facing off at the U.S. Women's Open at the Riviera Country Club in the Pacific Palisades over the weekend. The event runs from June 2 to June 7.
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.
