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.
Watch CBS News
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.
Wayne Knight ran for 177 yards and two touchdowns, Nico Iamaleava threw two of his three touchdown passes to Semaj Morgan, and UCLA defeated Purdue 52-38 in the Big Ten opener for both teams.
Christian Moore hit an infield single with two outs and the bases loaded that bounded off reliever Taylor Rogers' leg to score Zach Neto and give the Los Angeles Angels a 6-5, 11-inning victory over the Minnesota Twins on Saturday night.
California's film industry rejoiced on Saturday as Gov. Gavin Newsom signed a bill that will create a post-production tax credit and hopefully keep the work in Hollywood.
Mookie Betts went 4 for 4 with three doubles, Will Smith added three hits including a home run, and the Los Angeles Dodgers beat the San Francisco Giants 10-4 on Saturday night.
Marco Reus had a goal and an assists, João Klauss and Pablo Ruiz also scored a goal, and the LA Galaxy beat Minnesota United 3-2.
President Trump said Friday that three outlets would be banned from the White House, "effective immediately."
California's film industry rejoiced on Saturday as Gov. Gavin Newsom signed a bill that will create a post-production tax credit and hopefully keep the work in Hollywood.
Thousands of runners, walkers and community members gathered in downtown Los Angeles Saturday for Homeboy Industries' 17th annual 5K, an event raising funds to support rehabilitation, reentry and second chances.
Police said that the suspect allegedly started a brush fire in the parkland area near the 1700 block of Paseo La Cresta on Thursday morning.
Ed Sheeran opened his solo concert in Philadelphia on Saturday with comments about Gaza, saying what is happening there is "catastrophic and unjustifiable."
California's film industry rejoiced on Saturday as Gov. Gavin Newsom signed a bill that will create a post-production tax credit and hopefully keep the work in Hollywood.
Police said that the suspect allegedly started a brush fire in the parkland area near the 1700 block of Paseo La Cresta on Thursday morning.
The crash happened at around 3:40 p.m. near the intersection of W. Exposition Boulevard and Western Avenue, LAPD officials told CBS LA.
Thousands of volunteers are expected to roll up their sleeves Saturday for Heal the Bay's 37th annual Coastal Cleanup Day, with cleanup efforts taking place at more than 60 sites across Los Angeles County.
Thousands of runners, walkers and community members gathered in downtown Los Angeles Saturday for Homeboy Industries' 17th annual 5K, an event raising funds to support rehabilitation, reentry and second chances.
Newport Beach's eroding shoreline is getting some help as city and county authorities approved the expedited transfer of sand from the Santa Ana River outlet in West Newport.
Uber was ordered to pay $40 million to the family of a woman killed on an Orange County freeway after a rideshare driver left her on the side of the road.
Orange County declared a state of emergency after powerful waves pummeled its beaches, causing severe coastal erosion and damage to its seaside communities.
Orange County vector control officials are sounding the alarm on what they say is an unprecedented mosquito season.
Police say that the 18-year-old student was taken to the hospital after attending a fraternity function on Saturday.
An Etiwanda family said their 12-year-old daughter was beaten and choked while another student hurled antisemitic slurs, according to their complaint to the Department of Education.
A train car was burglarized and set on fire in Riverside during the latest in a string of heists in the Inland Empire.
Five people were hospitalized and three dogs died after a fire in a Riverside apartment building.
Melody Valdez, 21 of Temecula, was arrested on suspicion of homicide, among other charges.
The crash happened just before 7 a.m. on Sunday near the intersection of Whitewood Road and Meadowlark Lane, Murrieta police said.
In a Truth Social post, Mr. Trump called fears around artificial intelligence possibly becoming a superintelligence that could pose a threat to human existence a hoax.
The lawsuit argues the leading AI companies violated antitrust laws when they agreed to coordinate slowdown efforts.
President Trump said Friday that three outlets would be banned from the White House, "effective immediately."
CBS News observed two MS NOW employees being turned away from the White House on Saturday morning.
Mike Trout hit a tying RBI single in the 10th inning, and Wade Meckler followed with a winning RBI single to give the Los Angeles Angels a 5-4 victory over the Minnesota Twins on Thursday night.
California Gov. Gavin Newsom vetoed a bill Friday that would have allowed each state agency to make its own telework policy.
In a Truth Social post, Mr. Trump called fears around artificial intelligence possibly becoming a superintelligence that could pose a threat to human existence a hoax.
President Trump said Friday that three outlets would be banned from the White House, "effective immediately."
Health and Human Services Secretary Robert F. Kennedy Jr. spoke at a conference hosted by an organization he once led that has promoted doubts about vaccines.
CBS News observed two MS NOW employees being turned away from the White House on Saturday morning.
Homeowners getting their insurance through the California FAIR Plan will soon be paying even more, but industry observers say it may be a good sign for the state's insurance market.
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.
The CDPH said an unvaccinated passenger who later was hospitalized with measles traveled around the country by train and bus, eventually moving through at least six California counties before heading to Denver, Colorado.
Patients taking the first-of-a-kind pill, called daraxonrasib, lived for a median of 13.2 months compared with 6.7 months for chemotherapy recipients, studies showed.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
The Social Security Administration is expanding its list of diseases and other health conditions that may qualify for accelerated approval of disability benefits.
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.
About 43,000 people are expected to attend the annual AI and enterprise tech conference hosted by Salesforce which comes amid calls for a slowdown in AI developments.
Pest control company Terminix has agreed to pay $3.15 million to settle a lawsuit brought by 29 California counties alleging the company unlawfully disposed of pesticides and violated customer privacy laws.
As Californians prepare to celebrate Labor Day and the contributions of American workers, labor unions are raising alarms about what they see as a growing threat to the future of human work.
California regulators approved Waymo to expand its services in Los Angeles and the Bay Area, and to offer its autonomous ride-hailing service in Sacramento and San Diego in the future, the company said Friday.
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.
Wayne Knight ran for 177 yards and two touchdowns, Nico Iamaleava threw two of his three touchdown passes to Semaj Morgan, and UCLA defeated Purdue 52-38 in the Big Ten opener for both teams.
Christian Moore hit an infield single with two outs and the bases loaded that bounded off reliever Taylor Rogers' leg to score Zach Neto and give the Los Angeles Angels a 6-5, 11-inning victory over the Minnesota Twins on Saturday night.
Mookie Betts went 4 for 4 with three doubles, Will Smith added three hits including a home run, and the Los Angeles Dodgers beat the San Francisco Giants 10-4 on Saturday night.
Marco Reus had a goal and an assists, João Klauss and Pablo Ruiz also scored a goal, and the LA Galaxy beat Minnesota United 3-2.
Denis Bouanga scored his franchise-record 79th career regular-season goal for Los Angeles FC in a 2-2 tie with the San Jose Earthquakes.
California's film industry rejoiced on Saturday as Gov. Gavin Newsom signed a bill that will create a post-production tax credit and hopefully keep the work in Hollywood.
Duncan Sheik died on Thursday night, his family said.
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
The 78th Primetime Emmy Awards celebrated the best in television and streaming from the past year on Monday. See the full list of winners and nominees.
Dubbed the "Designer to the Stars," Bob Mackie won nine Emmy Awards, a Tony Award and was nominated for three Oscars.
Alex Biston previews the upcoming weather for Southern California in her NEXT Weather Forecast.
Lauren Pozen reports from Exposition Park, where some of Hollywood's biggest names attended the grand opening of the Lucas Museum of Narrative Art on Saturday.
California's film industry rejoiced on Saturday as Gov. Gavin Newsom signed a bill that will create a post-production tax credit and hopefully keep the work in Hollywood. Brittney Ermon reports.
Thousands of volunteers rolled up their sleeves Saturday for Heal the Bay's 37th annual Coastal Cleanup Day, with cleanup efforts taking place at more than 60 sites across Los Angeles County. Luzdelia Caballero reports.
Zach Boetto reports from Cal State San Bernardino, where thousands of people were expected to gather over the weekend to celebrate Native American culture at the 30th annual San Manuel Pow Wow.
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.
