Zombie mortgage may force disabled vet from home

A disabled Marine veteran and his family may soon lose their long-time Simi Valley home after being notified about a practice known in the realty world as a zombie or ghost mortgage.

These are the most affordable cities to buy a home in 2024: Realtor.com

Realtor.com released the top 100 ranking metros for 2024, including affordable markets in the Northeast and Midwest such as Toledo, Ohio, and Rochester, New York, alongside several Southern California markets.

These California cities will see home sales skyrocket in 2024: study

Several Southern California real estate markets are expected to rebound from significant sales declines in 2023, according to the 2024 National Housing Forecast.

Disorganized data makes finding shelter beds and interim housing more difficult, LA city controller says

The LA City Controller's office challenged the Los Angeles Housing Services Authority's current efforts in gathering and using homelessness data and shelter bed availability in the city.

LIST: These 18 LA County zip codes are the most expensive to rent in, study

18 Los Angeles County's zip codes ranked the most expensive to rent in, according to a RentHop review. How does your neighborhood compare?

Motels, short-term rentals in LA required to get police permit under proposed ordinance

The ordinance would require motels and short-term rentals like Airbnbs to get a police permit from the city in order to operate, in addition to existing requirements.

LA City Council OKs hike limits on rent-controlled units

The Los Angeles City Council Tuesday approved an ordinance that would limit rent increases on rent-stabilized units to 4%, or up to 6% if landlords cover gas and electric costs.

LA City Council calls for law requiring hotels to replace lost housing

The proposed ordinance would also prevent the use of short-term rentals as "party houses." It would still need to be finalized before final approval.

LA County Supervisors demand answers over delayed landlord relief program

The program, approved in January, would provide funds to small landlords owed back rent accumulated during the pandemic, but according to two LA County Supervisors, hasn't even begun yet.

US housing market needs 1M more homes to satisfy demand

National Association of Realtors Chief Economist Lawrence Yun argued that policy changes could boost housing supply. The shortage of homes is keeping upward pressure on prices.