Typical homebuyers in Los Angeles, San Francisco and San Diego spend up to 78% of income on housing
Los Angeles consistently ranks among the least affordable cities for homebuyers, with a home price-to-income ratio of 12.5, according to a 2024 analysis of Zillow home values. The other California ...
Los Angeles City Council gives final approval to housing rezoning plan
The City Council voted to give final OK to a plan that aims to boost development of market rate and affordable housing.
After LA Fires Destroyed Mansions, Banks Reckon With Jumbo Loans
In the affluent Los Angeles neighborhoods scorched by wildfires, jumbo mortgages on multimillion-dollar homes are commonplace ...
Santa Rosa Press Democrat3d
Los Angeles neighbors have vastly different post-wildfire rebuilding options due to insurance crisis
Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...
asreport.americanbanker3d
RMBS market ready to cope with Los Angeles wildfires
RMBS portfolios have limited exposure to loans in ZIP codes that were included in LA County's mandatory evacuation zones, ...
Commercial Observer5d
The Reinsurance Market After the L.A. Wildfires Is a Guessing Game
It’s unlikely — for now — that the damage is catastrophic enough to affect rates and coverage outside of California ...
USA Today5d
NBA postpones Lakers, Clippers Saturday home games due to Los Angeles wildfires
The NBA on Friday postponed Saturday’s San Antonio Spurs-Los Angeles Lakers game in Los Angeles and the Charlotte Hornets-Los Angeles Clippers game in Inglewood, California, “due to the ...
manilatimes5d
RBB Bancorp Reports Fourth Quarter and Fiscal Year 2024 Earnings
The effective tax rate was 13.3% for the fourth quarter of 2024 and 26.9% for the third quarter of 2024. The decrease in the ...
Los Angeles rising: how the city and the industry will rebuild
The Pacific Palisades had a “flavor,” as broker Anthony Marguleas remembers it. The residential neighborhood on the Westside ...