KFWB On Your Corner: South Bay Housing Market
If you're looking to buy a home in the beach cities, you're going to need help.
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If you're looking to buy a home in the beach cities, you're going to need help.
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.
After months of testing a new program aimed at catching bike lane violators, the city of Santa Monica is now issuing tickets with the help of an artificial intelligence-powered camera system.
Walbert Ureña pitched six innings of one-run ball, Jorge Soler and Jo Adell each drove in two runs in a five-run first inning and the Los Angeles Angels extended their winning streak to three games with a 5-1 victory over the St. Louis Cardinals on Tuesday night.
Last week, regulators outlined more than two dozen measures that Lineage must implement to mitigate the foul odors coming from its burned warehouse.
Max Muncy hit a two-run homer, Justin Wrobleski pitched into the seventh inning and the Los Angeles Dodgers beat Zack Wheeler and the Philadelphia Phillies 2-1 on Tuesday night.
Ladera Ranch residents believe there's a high concentration of Ewing sarcoma cases in their neighborhood, with as many as six children diagnosed with the extremely rare cancer in recent years.
After months of testing a new program aimed at catching bike lane violators, the city of Santa Monica is now issuing tickets with the help of an artificial intelligence-powered camera system.
Last week, regulators outlined more than two dozen measures that Lineage must implement to mitigate the foul odors coming from its burned warehouse.
The multi-day preliminary hearing in the murder case against D4vd began on Tuesday with prosecutors calling their first witnesses and presenting gruesome photos.
Max Muncy hit a two-run homer, Justin Wrobleski pitched into the seventh inning and the Los Angeles Dodgers beat Zack Wheeler and the Philadelphia Phillies 2-1 on Tuesday night.
Ladera Ranch residents believe there's a high concentration of Ewing sarcoma cases in their neighborhood, with as many as six children diagnosed with the extremely rare cancer in recent years.
After months of testing a new program aimed at catching bike lane violators, the city of Santa Monica is now issuing tickets with the help of an artificial intelligence-powered camera system.
Last week, regulators outlined more than two dozen measures that Lineage must implement to mitigate the foul odors coming from its burned warehouse.
Irvine Police Department officers responded to a man having a mental crisis in a residential area at Silkwood and Sungate around noon. Officer Ziggy Azarcon said officers attempted to negotiate a peaceful surrender for about an hour.
Aerial footage showed a mangled Simi Valley police motorcycle and a pickup truck with heavy front-end damage and bullet holes in its windshield.
LA County supervisors are offering a $50,000 reward for help finding the gunman who killed a teen at a Torrance pool party last year.
Ladera Ranch residents believe there's a high concentration of Ewing sarcoma cases in their neighborhood, with as many as six children diagnosed with the extremely rare cancer in recent years.
An investigation is underway in Laguna Beach, where a woman in her 60s was found dead inside her home on Monday.
Police said that 2,200 pounds of methamphetamine were seized during a search warrant at an Anaheim home.
A Metrolink train carrying approximately 500 people was forced to evacuate in Orange County on Saturday afternoon due to a mechanical issue.
From savory eats to everything fried and sweet treats, there are more than 100 food vendors serving up fair food, and for a chance to try a little of everything, the Taste of the Fair promotion offers samplings for $5 at participating booths.
The fire was reported at around 1:30 p.m. in the Mead Valley area according to Riverside County firefighters.
Police said that the man was found naked in the grass with injuries to his face and that all of his belongings were in a nearby trash can.
Surveillance video footage showed the moments when two thieves allegedly stole up to $20,000 in memorabilia from a collectible card shop in Corona over the weekend.
An injured bald eagle was rescued from Big Bear Lake by wildlife officials after it was involved in a fight, according to Friends of Big Bear Valley and the Los Angeles County Department of Parks and Recreation.
Riverside County signed an emergency waiver that allows El Sobrante Landfill to exceed its maximum tonnage limits.
Carl Isom-McDaniel was on a walk with his grandson at Yellowstone National Park earlier this month when a bison suddenly charged at him and threw him 8 feet into the air.
Defense Secretary Pete Hegseth told lawmakers the Iran war has cost $37.5 billion. Sources told CBS News the total cost could be far higher, in part due to military construction for damaged U.S. bases.
The recall affects certain 2020-2027 Aviator and 2020-2026 Explorer vehicles.
A United Airlines employee appears to have been caught on video threatening to call ICE on a passenger last week at San Francisco International Airport.
Sen. Darline Graham, who is serving out the remainder of the late Sen. Lindsey Graham's term in the Senate, said she will seek a full term for the South Carolina seat her brother held for more than two decades.
Defense Secretary Pete Hegseth told lawmakers the Iran war has cost $37.5 billion. Sources told CBS News the total cost could be far higher, in part due to military construction for damaged U.S. bases.
Sen. Darline Graham, who is serving out the remainder of the late Sen. Lindsey Graham's term in the Senate, said she will seek a full term for the South Carolina seat her brother held for more than two decades.
Homeland Security Investigations is an arm of ICE, meaning the immigration enforcement agency would effectively be investigating incidents involving its own agents.
This is the first time in more than 150 years that a vice president's family had a child while in office.
It will be the first meeting between President Trump and Sheinbaum since December after months of verbal sparring. Canadian Prime Minister Mark Carney is also expected to attend.
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.
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.
Former NFL running back Chris Johnson announced that he was diagnosed with ALS, also known as Lou Gehrig's disease, in a "Good Morning America" interview.
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.
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.
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.
Walbert Ureña pitched six innings of one-run ball, Jorge Soler and Jo Adell each drove in two runs in a five-run first inning and the Los Angeles Angels extended their winning streak to three games with a 5-1 victory over the St. Louis Cardinals on Tuesday night.
Max Muncy hit a two-run homer, Justin Wrobleski pitched into the seventh inning and the Los Angeles Dodgers beat Zack Wheeler and the Philadelphia Phillies 2-1 on Tuesday night.
Vaughn Grissom drove in the tying run with a one-out double in the ninth inning and Jo Adell was hit by a pitch with the bases loaded to give the Los Angeles Angels a 3-2 comeback win over the St. Louis Cardinals.
Trea Turner hit two homers, including the 200th of his career, and drove in five runs, Bryce Harper and Brandon Marsh also went deep and the Philadelphia Phillies beat the Los Angeles Dodgers 10-7.
A warmup jacket worn by Wilt Chamberlain during the 1972 NBA finals that was found in an Oregon thrift store could fetch more than $150,000 in an auction closing Monday.
Kaylee Hottle, an Atlanta-born actress known for her role in the "Godzilla" film franchise, has died following a crash in Maryland.
A warmup jacket worn by Wilt Chamberlain during the 1972 NBA finals that was found in an Oregon thrift store could fetch more than $150,000 in an auction closing Monday.
The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.
Los Angeles County's chief medical examiner is emphasizing the need for greater transparency when it comes to autopsies following celebrity deaths.
Brenda Fricker won an Academy Award for 1989's "My Left Foot," played the Pigeon Lady in "Home Alone 2" and appeared in "A Time to Kill" and "So I Married an Axe Murderer."
Lesley Marin reports from Ladera Ranch, where hundreds of community members gathered Tuesday to voice their concerns and demand further action due to several children who have been diagnosed with a rare cancer that they believe may be due to an environmental matter.
Lineage submitted its plan to mitigate the rotten, sour odors plaguing residents near the company's burned warehouse in Boyle Heights for the past month. Hunter Sowards reports.
Seven governors whose states rely on the Colorado River met with federal officials today to figure out potential solutions as the critical water resource nears record lows. Tom Wait reports.
Laurie Perez reports from Santa Monica, where the city is starting to issue tickets with the help of an AI-powered program that uses cameras to catch bike lane violators in the act.
The Academy Project is a non-profit promoting the welfare of foster youth in Los Angeles. The organization provides support and opportunities for kids to develop meaningful relationships. Jaime Maggio stopped by the Camp Xavier program to find out how football plays a role in building bonds.
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.
