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.
LAFD said crews found fireworks after extinguishing flames that hospitalized a person in Wilmington.
The City of Carson said it will pay residents $500 if they report illegal fireworks.
The Los Angeles Police Department was in pursuit of a robbery suspect near downtown Los Angeles and Pico Union.
In all three homes and two ADUs were destroyed, two more homes were damaged and a husband and father to young children died.
Lineage, the operator of the Boyle Heights warehouse that burned for a week, said the solar company demanded it delay the facility's demolition.
Major retail stores will be open on Friday, although some may have modified hours on Saturday, July 4.
LAFD said crews found fireworks after extinguishing flames that hospitalized a person in Wilmington.
Every year, Southern California lights up with fireworks and other celebrations for the Fourth of July, and this year will be no exception as America also celebrates the 250th anniversary of the signing of the Declaration of Independence.
The City of Carson said it will pay residents $500 if they report illegal fireworks.
The Los Angeles Police Department was in pursuit of a robbery suspect near downtown Los Angeles and Pico Union.
LAFD said crews found fireworks after extinguishing flames that hospitalized a person in Wilmington.
The City of Carson said it will pay residents $500 if they report illegal fireworks.
The Los Angeles Police Department was in pursuit of a robbery suspect near downtown Los Angeles and Pico Union.
In all three homes and two ADUs were destroyed, two more homes were damaged and a husband and father to young children died.
Lineage, the operator of the Boyle Heights warehouse that burned for a week, said the solar company demanded it delay the facility's demolition.
A Garden Grove police officer was arrested after he allegedly had an inappropriate interaction with a youth volunteer.
An Orange County man was charged with involuntary manslaughter on Tuesday, nearly a year after an 8-year-old girl died from injuries suffered in an illegal fireworks explosion at a Fourth of July party in Buena Park.
An Orange County homeowners association sued a Laguna Hills family after they built a fence to prevent coyotes from killing their goats.
Mexico reached the Round of 16 for the eighth time on Tuesday night with their 2-0 win over Ecuador, and fans took the Southern California streets to celebrate the moment.
Santa Ana police are warning of a crackdown on World Cup celebrations ahead of the Mexico-Ecuador match on Tuesday, a week after hundreds of fans flooded city streets following their win over Czechia.
The San Bernardino County Fire Department closed the North Etiwanda Preserve to prevent fireworks from starting a wildfire.
Joe Kelly is returning to his alma mater to serve as an assistant coach on the Corona High School baseball coaching staff.
Deputies said that the man's 27-year-old wife was found with trauma injuries at around 8 p.m. on Tuesday night.
A Riverside County pastor was killed and his wife was injured when their hotel collapsed during the pair of powerful earthquakes that struck near Caracas, Venezuela, last week.
The shooting happened in an unincorporated community known as North Shore at around 12:10 a.m., according to Riverside County deputies.
Major retail stores will be open on Friday, although some may have modified hours on Saturday, July 4.
Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
The FBI said in a statement Wednesday that some ransom notes in Nancy Guthrie's disappearance have been "deemed to be extortion attempts without legitimacy," and other "demands may potentially be legitimate and are still being investigated as such."
Folarin Balogun got the scoring going with a goal in the 45th minute, but was sent off with a controversial red card in the 64th minute.
As a proposed billionaire tax in California moves forward, Gov. Newsom says other approaches are needed, including closing a tax loophole used by the ultra-rich.
Gov. Gavin Newsom has signed a law designating May 17 as Bruce Lee Day, honoring the legacy of the San Francisco-born actor and martial arts icon.
The United States-Mexico-Canada Agreement will remain in effect until it expires in 2036, unless the countries strike another deal to extend it.
Acting U.S. Attorney General Todd Blanche said "the Constitution is not a suggestion" and that "the Second Amendment is a sacred right belonging to all Americans."
Longtime labor activist Dolores Huerta says President Trump's disparaging remarks about Mexicans show he "does not know history," and called on Latinos in California, Texas and other states to push for change.
Los Angeles City Council members on Tuesday agreed to scrap a proposal that would put a measure to allow for non-citizen voting on the November ballot.
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.
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.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
California public health officials said on Wednesday that they have identified a fifth resident who may have been exposed to the Andes hantavirus due to the outbreak on the MV Hondius cruise ship.
An American on the repatriation flight began showing symptoms of hantavirus and another "tested mildly PCR positive for the Andes virus," the Department of Health and Human Services says.
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.
Folarin Balogun got the scoring going with a goal in the 45th minute, but was sent off with a controversial red card in the 64th minute.
Joe Kelly is returning to his alma mater to serve as an assistant coach on the Corona High School baseball coaching staff.
A person with knowledge of the trade says Kawhi Leonard is headed back to the Toronto Raptors, after they struck a deal with the Los Angeles Clippers to reunite with the player who led their run to the 2019 NBA championship.
Julio Rodriguez had three hits and scored twice, Bryan Woo took a shutout into the seventh inning and the Seattle Mariners put together a five-run sixth on Tuesday night to beat the Los Angeles Angels 8-3.
The Los Angeles Dodgers two-way star Shohei Ohtani will skip his scheduled pitching start Wednesday against the Athletics to get some extra rest, manager Dave Roberts said.
Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
Gov. Gavin Newsom has signed a law designating May 17 as Bruce Lee Day, honoring the legacy of the San Francisco-born actor and martial arts icon.
Actor Danny Glover spoke about his Alzheimer's diagnosis in an interview with NBC's "Today" show, revealing that he has been living with the disease for several years.
Victor Willis, lead singer of the disco group Village People, whose hit "Y.M.C.A." became a fixture at rallies for President Trump, has died at the age of 74, his wife and the band said.
According to prosecutors and testimony, Carl Rinsch told Netflix he needed $11 million to finish a show, but spent whopping sums on luxury cars, watches and other goods, including $638,000 on two mattresses.
The fire started a little before 8:40 p.m. and engulfed several cars parked on the motel's lot. Firefighters said one person was hospitalized with critical injuries. Firefighters believe the man was smoking near the illegal fireworks before the flames ignited.
CBS LA's Nicole Comstock shows us the fireworks show Artesia put on ahead of the Fourth of July weekend.
LAFD said initial reports from crews stated fireworks may have been present at the motel.
In a letter to Los Angeles city and county leaders, Lineage, the operator of the Boyle Heights warehouse that burned for a week, said the owner of the solar panels atop the building demanded that crews delay demolition ahead of the Fourth of July weekend. Laurie Perez reports.
Taylor Swift and Travis Kelce celebrated their wedding on Friday. Lauren Pozen 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.
