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.
The crash happened at around 4:30 p.m. in the 20300 block of Sherman Way near Oso Avenue, according to Los Angeles Fire Department officials.
California adoptees are pushing for a bill that would give them access to their birth certificates, which are currently sealed by the state when adoption is finalized.
Zack Wheeler allowed one run in six innings as the Philadelphia Phillies completed a three-game sweep with a 5-2 win over the Los Angeles Angels.
A 54-year-old Riverside County man was arrested last week for a deadly stabbing that happened in the unincorporated community of Mead Valley near Perris.
Tyler Glasnow gave up two hits and one run in seven innings as the Los Angeles Dodgers beat the Detroit Tigers 6-1.
The crash happened at around 4:30 p.m. in the 20300 block of Sherman Way near Oso Avenue, according to Los Angeles Fire Department officials.
After more than two months, the last of the food waste inside the burnt-out Lineage cold storage warehouse that went up in flames in June has been removed.
California adoptees are pushing for a bill that would give them access to their birth certificates, which are currently sealed by the state when adoption is finalized.
A 54-year-old Riverside County man was arrested last week for a deadly stabbing that happened in the unincorporated community of Mead Valley near Perris.
Tyler Glasnow gave up two hits and one run in seven innings as the Los Angeles Dodgers beat the Detroit Tigers 6-1.
The crash happened at around 4:30 p.m. in the 20300 block of Sherman Way near Oso Avenue, according to Los Angeles Fire Department officials.
The three-time NFL Defensive Player of the Year previously retired from the team in 2023 after 10 seasons.
The incident took place around 4:41 a.m. at Superior Grocers in the area of Manchester Avenue and Crocker Street.
It happened just after 10 p.m. near Redondo Beach Boulevard and Vermont Avenue, according to a news release from the Gardena Police Department.
After more than two months, the last of the food waste inside the burnt-out Lineage cold storage warehouse that went up in flames in June has been removed.
A 14-year-old Orange County boy was seriously injured in a crash while he was allegedly riding an e-motorcycle illegally, according to police.
The one-day, nonprofit festival, founded by musician Olivia Rodrigo, features an all-female lineup including performances by Rodrigo, Chappell Roan, Katseye, Stevie Nicks, Sarah McLachlan and more.
Cal State LA switched to a modified system as campus officials continue working to address an air conditioning outage.
California lawmakers passed legislation that would ban disposable nicotine vapes.
An e-bike ban at Newport Beach schools has unintentionally sparked disputes between students and neighbors.
A 54-year-old Riverside County man was arrested last week for a deadly stabbing that happened in the unincorporated community of Mead Valley near Perris.
An 18-year-old was arrested for allegedly cutting down a Flock camera in Temecula on Tuesday night, according to the Riverside County Sheriff's Office.
After hundreds of residents flooded an open house hosted by the power company looking to install miles of high-voltage power lines through the city of Temecula, the mayor took to social media to share a scathing message about what she called a "dog and pony show."
Deputies said that the plane was found nose down in a field near the Big Bear City Airport.
After more than 30 years, the final victim of the "Happy Face Killer" has been identified thanks to investigative efforts in Riverside County.
Kyle Schwarber hit a go-ahead RBI single and Trea Turner had a two-run single in a three-run 10th inning in the Philadelphia Phillies' victory Saturday.
Violent flash floods hit the Grand Canyon's Bright Angel Canyon and Phantom Ranch area, the National Park Service said, leaving more than a dozen people missing.
The judge delivered a victory for Stanford University's student newspaper, which said some international students were afraid to speak out because of the deportation threat.
Milo Yiannopoulos, who is British, was accused of overstaying his visa after entering the country legally in May 2019.
The ruling marks a blow to the federal government's long-delayed effort to prosecute Khalid Sheikh Mohammed, who is accused of developing the plot to crash planes into the Pentagon and World Trade Center.
The judge delivered a victory for Stanford University's student newspaper, which said some international students were afraid to speak out because of the deportation threat.
Milo Yiannopoulos, who is British, was accused of overstaying his visa after entering the country legally in May 2019.
The ruling marks a blow to the federal government's long-delayed effort to prosecute Khalid Sheikh Mohammed, who is accused of developing the plot to crash planes into the Pentagon and World Trade Center.
A Department of Homeland Security spokesperson said Milo Yiannopoulos "chose to overstay his welcome."
California lawmakers are moving to ban a controversial device that can deliver an electric shock through a law enforcement officer's gloves, while the Sacramento County sheriff argues the technology can help deputies safely detain people without using more forceful tactics.
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.
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.
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.
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.
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.
Zack Wheeler allowed one run in six innings as the Philadelphia Phillies completed a three-game sweep with a 5-2 win over the Los Angeles Angels.
Tyler Glasnow gave up two hits and one run in seven innings as the Los Angeles Dodgers beat the Detroit Tigers 6-1.
The three-time NFL Defensive Player of the Year previously retired from the team in 2023 after 10 seasons.
Kyle Schwarber hit a go-ahead RBI single and Trea Turner had a two-run single in a three-run 10th inning in the Philadelphia Phillies' victory Saturday.
Amahl Pellegrino added some insurance with a short-handed goal in the second half, Anders Dreyer had two assists and San Diego FC went on to beat the Los Angeles Galaxy 3-1.
The international airport in Nashville, Tennessee, would be renamed for Dolly Parton under a proposal by Tennessee's governor.
Both sides have rested in the murder trial of Duane "Keffe D" Davis, who prosecutors allege orchestrated the 1996 murder of Tupac Shakur.
Tim Curry was known for his iconic performances in cult classics like "The Rocky Horror Picture Show" and the original screen adaptation of Stephen King's "It."
Audience members at a stage performance of "9 to 5: The Musical" in the U.K. were heard gasping aloud at the news of Dolly Parton's death Tuesday.
Dolly Parton became an icon over her six-decade career as a Grammy-winning singer-songwriter, movie and TV star and theme park owner who donated millions to help others.
Aaron Donald, commonly regarded as one of the greatest defensive players in NFL history, has announced his return to the Los Angeles Rams after two years of retirement, forming a fearsome duo with the newly acquired Myles Garrett on the defensive front.
Marina Jurica takes an in-depth look at how the newly launched NASA Roman Space Telescope can help astronomers explore dark energy and the hidden universe.
Four years after a horrific crash that killed six people at a Windsor Hills intersection, the driver who allegedly caused it all is set to stand trial. Zach Boetto reports.
After the death of iconic actor Tim Curry, the Landmark's Nuart Theatre honored him with a special screening of "The Rocky Horror Picture Show," with fans dressing up to pay their own respects after his death at 80.
After a week of sweltering heat, Southern California is due for some less intense weather. Alex Biston takes a look with her NEXT Weather Forecast.
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.