Home Sales Dip For 4th Straight Month; 2011 Worst Year Ever?
The drop is triggering a warning from government analysts that 2011 could be the worst year for the industry in half a century.
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The drop is triggering a warning from government analysts that 2011 could be the worst year for the industry in half a century.
The city was awarded $143 million through the Neighborhood Stabilization Program to spend to fix up and sell properties in the city's worst real estate markets.
If the latest property assessments are any indication, there could be a glimmer of hope for the Southland's housing market.
The latest data translates to 1 in 30 Riverside County households in some stage of foreclosure.
While half a million people spend weekdays in downtown L.A., about 50,000 people call the city home.
New data shows that sales of existing homes fell to 4.8 million in May — their lowest level of the year so far.
The number of delinquent mortgages fell in May to the lowest level since 2006, the result of a slowing housing market and delays in banks' foreclosure process.
The massive Southern California mansion built by the late television magnate Aaron Spelling is under contract to be sold to a British heiress.
Newport Beach leads the list of the most expensive real estate markets in the United States for the second year in a row.
To help home sales along, Palmdale City officials have rehabilitated 14 homes and are now offering them back to the public.
Two real estate experts help you to get a better handle on the nuances of the housing market.
What housing slump!?
Realtor and TV personality Chad Rogers visited the KCAL 9 studios Thursday to talk about the best neighborhoods to live in Southern California.
A real estate tracking firm says home sales continued to plunge in California last month but foreclosures made up a smaller segment of the market.
The FBI is investigating whether a Seal Beach real estate saleswoman bilked dozens of investors out of thousands of dollars each while using a software program to make intimidating calls to keep them quiet.
Prosecutors say buyers were told that if they paid half their mortgage payments to Pacific Vantage, the company would cover the other half and eventually split profits on a future sale.
A tracking firm says the calendar's shortest month combined with the "robo-signing" scandal fueled the drop in foreclosure filings.
Short sale transactions allow distressed borrowers to avoid foreclosure by selling their homes for less than what is owed on them.
Real estate expert and agent Chad Rogers stopped by the KCAL 9 studios Monday to talk about homes sales in the current economy.
A Seal Beach woman was arrested Friday for impersonating an FBI agent while conducting a fraudulent real estate scheme.
It was a gloomy month for the housing market as both home sales and prices took a dive from their 2009 marks.
Southern California's median home price increased just over 1 percent last month to $283,000 from October 2009, the smallest year-over-year increase this year.
Californians looking to sell their homes can now offer prospective buyers a form of unemployment insurance under a program being rolled out by the state's real estate agents' association.
An Anaheim resident is accused of targeting and defrauding Hispanic victims of more than $87,000 in bogus real estate deals.
The foreclosure crisis intensified across a majority of large U.S. metropolitan areas this summer, with Chicago and Seattle -- cities outside of the states that have shouldered the worst of the housing downturn -- seeing a sharp increase in foreclosure warnings.
The victim, who remains unidentified as of Saturday morning, was found in the 4700 block of Whittier Boulevard.
SoCal Edison filed a lawsuit against Los Angeles County and other agencies over the Eaton Fire on Friday.
Federal prosecutors charged a man who allegedly threatened to kill Vice President JD Vance during his Disneyland trip last year.
An Orange County man has been posting social media videos of car crashes in front of his house to hopefully spur safety changes at his Huntington Beach intersection.
Rick Caruso, the runner-up in the Los Angeles Mayoral race four years ago, announced he will not pursue elected office at this time.
The victim, who remains unidentified as of Saturday morning, was found in the 4700 block of Whittier Boulevard.
SoCal Edison filed a lawsuit against Los Angeles County and other agencies over the Eaton Fire on Friday.
Federal prosecutors charged a man who allegedly threatened to kill Vice President JD Vance during his Disneyland trip last year.
An Orange County man has been posting social media videos of car crashes in front of his house to hopefully spur safety changes at his Huntington Beach intersection.
Mexican president Claudia Sheinbaum has sought to placate President Trump and build a strong relationship between the U.S. and Mexico.
SoCal Edison filed a lawsuit against Los Angeles County and other agencies over the Eaton Fire on Friday.
Rick Caruso, the runner-up in the Los Angeles Mayoral race four years ago, announced he will not pursue elected office at this time.
Beverly Hills police said the suspect beat the man with a metal object before running him over with his vehicle.
Alfaro's eldest daughter said she heard gunshots while she was asleep, and that her father appeared near her with a gun, and allegedly shot at her several times, but he missed.
The Muhammad Ali Forever stamp features simply and boldly, a black and white 1974 Associated Press picture of Ali in his signature boxing stance.
Federal prosecutors charged a man who allegedly threatened to kill Vice President JD Vance during his Disneyland trip last year.
An Orange County man has been posting social media videos of car crashes in front of his house to hopefully spur safety changes at his Huntington Beach intersection.
After his son died while hiking Mount Baldy, Kenneth Muensch Casanova called on Angeles National Forest officials to require permits on the dangerous mountain.
A Santa Ana community scrambled to ensure their 101-year-old neighbor wasn't left behind when a fire broke out in her condo.
Orange County prosecutors said the suspect was allegedly sex trafficking a 17-year-old girl in Anaheim.
After his son died while hiking Mount Baldy, Kenneth Muensch Casanova called on Angeles National Forest officials to require permits on the dangerous mountain.
"If you don't have the training or the right equipment, you will end up like I did," said Manny Vasquez, who fell 300 feet while hiking up Mount Baldy.
The San Bernardino County Board of Supervisors approved the fee waivers to eligible property owners, primarily in Wrightwood, Lytle Creek, Phelan, Piñon Hills, Hesperia, and areas near Mt. Baldy.
A driver who was possibly driving under the influence triggered a deadly wrong-way crash on the 215 Freeway in Riverside early Wednesday morning, according to California Highway Patrol officers.
Firefighters said that the woman suffered severe burns when she escaped from the burning mobile home at around 11 a.m on Tuesday.
"It's as definitive as we're going to get," CBS News medical contributor Dr. Céline Gounder said of the new research, which found no connection between Tylenol and autism or ADHD.
Mexican president Claudia Sheinbaum has sought to placate President Trump and build a strong relationship between the U.S. and Mexico.
A 21-year-old who demonstrated in Santa Ana, California, against the shooting death of Renee Good says exercising his right to free speech nearly cost him his life.
Kyle Tucker has agreed to a $240 million, four-year contract with the Los Angeles Dodgers, bolstering the franchise's chance for a third consecutive World Series championship.
Authorities said the alleged scheme involved 39 players, 17 different NCAA Division I men's basketball teams and 29 games.
Mexican president Claudia Sheinbaum has sought to placate President Trump and build a strong relationship between the U.S. and Mexico.
President Trump and California Gov. Gavin Newsom are both pitching plans to restrict corporations from buying single-family homes.
An Immigration and Customs Enforcement officer shot a man Wednesday night in north Minneapolis after allegedly being attacked by men with shovels during an arrest operation, three U.S. officials told CBS News.
The State Department announced it will stop giving out visas to nationals of dozens of countries who are seeking to move to the U.S. permanently.
A panel for the U.S. Central District Court of California ruled Democrats can proceed in using their redrawn congressional maps for the 2026 midterm elections.
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.
Meal kit delivery firm HelloFresh will pay $7.5 million to settle a lawsuit accusing it of misleading customers and making it difficult for them to cancel their subscriptions.
With the help of her daughter and her 5th-grade class, CBS News California (KCAL) Investigative reporter Julie Watts investigates "Sephora Kids" concerns.
A Southern California man has pleaded guilty for his role in a scheme that stole more than $2 million from San Francisco-based food delivery company DoorDash, federal prosecutors said.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
"I don't know how I'm going to pay for this," said one person with an Affordable Care Act plan that will cost her $1,100 a month starting in January.
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.
In an interview with CBS News, FDA Commissioner Dr. Marty Makary explains what went into the decision to drop the most serious warnings on hormone therapy for menopause.
At least 11 people have contracted Salmonella linked to powder supplements sold at Sam's Club stores nationwide, health authorities said.
About 30% of San Francisco was without power at the height of the outage, according to utility provider PG&E.
The DMV said it is giving Tesla Motors 60 days to address its misleading use of "autopilot," or it could have its dealer license temporarily suspended.
California is set to join a growing list of states banning the practice of cat declawing, under a new law taking effect in January.
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.
Waymo has begun offering autonomous robotaxi service using freeways for the first time in select cities in California and Arizona, the company announced.
Kyle Tucker has agreed to a $240 million, four-year contract with the Los Angeles Dodgers, bolstering the franchise's chance for a third consecutive World Series championship.
Authorities said the alleged scheme involved 39 players, 17 different NCAA Division I men's basketball teams and 29 games.
FIFA says it has received over 500 million ticket requests for 2026 World Cup matches in the U.S., Canada and Mexico— with prices as high as $8,680.
Mark Stone scored 25 seconds into overtime, Jack Eichel had three assists and the Vegas Golden Knights beat the Los Angeles Kings 3-2 on Wednesday night.
Kawhi Leonard scored 33 points and James Harden added 22 points as the Los Angeles Clippers extended their winning streak to four games with a 119-105 victory over the Washington Wizards.
Another allegation against Busfield was reported to law enforcement the same day he turned himself in, according to a court filing.
In a video provided to TMZ on Tuesday, Timothy Busfield said the allegations "are all lies."
Scott Adams, the cartoonist who created the "Dilbert" comic strip, has died at the age of 68, his first ex-wife revealed on Tuesday.
From historic wins to powerful speeches, here are the highlights and most memorable moments from the 2026 Golden Globes.
The 2026 Golden Globes honored the standouts in both film and television from last year. See the full list of winners and nominees.
Southern California Edison is suing Los Angeles County and other agencies, alleging that they failed to act reasonably during the Eaton Fire. Alys Martinez reports.
While much of the country endures freezing January weather, Southern California can expect a weekend in the 80s. Alex Biston reports.
Hudson Chase, star of 'How to Lose a Popularity Contest', talks to Jamie Yuccas and Sheba Turk about the new romantic comedy premiering on Tubi.
Beverly Hills police said the suspect beat the man with a metal object before running him over with his vehicle. Lauren Pozen reports.
Desmond Shaw flies to Silver Lake for tonight's Look At This!
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.
