Home prices skyrocket in City of Los Angeles, Orange County

The median price of an existing, single-family home in the Los Angeles metro area was $725,000 in February, up from $700,000 in January and from $649,000 one year ago, the California Association of Realtors reported.

Elon Musk officially ‘owns no home’

The Tesla boss closed on his last remaining property, a lavish historic estate in California’s Silicon Valley for $30 million, this week, according to listing records