When buying, selling, or owning a home, you’ll often hear two different values associated with a property: assessed value and market value. While they sound similar, they serve different purposes…
homes
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The city of Los Angeles is launching a new initiative to encourage the construction of starter homes on small lots, an effort to provide relatively lower-cost for-sale housing and show…
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Can prefab homes accelerate the rebuilding of Altadena and Pacific Palisades? The new foundation launched by Rick Caruso is hoping they will, announcing on Wednesday a $15-million pledge from an…
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Real Estate
Real estate losses from fires top $30 billion, from old mobile homes to $23-million mansions
Real estate losses from the Palisades and Eaton fires could top $30 billion, and government agencies that receive revenue from taxes stand to lose $61 million or more annually while…
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Everyone wanted to come to California — that was the generational backdrop of my parents and grandparents. Then, in the 1950s, housing was so abundant that a family of rural…
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james bommarito / Shutterstock.com Jimmy Buffett found his island escape when he relocated to sunny, sand-fringed Key West, Florida, from Nashville, Tennessee, in the early ’70s. He’d been trying to…
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Real Estate
Victorians trapped in ‘mortgage prisons’ put homes up as holiday rentals, take on second jobs, give up maternity leave
Victorians getting locked in mortgage prisons as their homes lose value and interest repayments chew through their savings are coming up with creative solutions. Victorians trapped in “mortgage prisons” are…
