A new federal policy allows you to finance for an ADU. What you need to know

In an effort to address the nation’s affordable housing crisis, the Federal Housing Administration announced a new policy Monday that will make it easier to buy or refinance a house with an accessory dwelling unit, or build a new ADU. Previous…

How to reduce capital gains taxes on a home sale

Dear KAD: We’re retired and living in California. We are planning on selling our home, which is paid for, and moving to Tennessee in a couple of years. I think we qualify for a “one time” capital gains exemption. Our home is worth over…

Los Angeles Has a Housing Crisis. Can Design Help?

Featured in the NY Times Can California’s biggest city — and possibly America’s least affordable one — redesign its way out of the housing crisis? That’s the question a city-sponsored architecture competition called “Low-Rise:…

L.A. must add more than 250,000 homes to zoning plan by October, state rules

Los Angeles must rezone to accommodate an additional quarter-million new homes by mid-October after state housing regulators rejected the city’s long-term plan for growth. The likelihood that L.A. will be able to accomplish in months a…
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Los Angeles Spec House with Nightclub, Vodka Tasting Room Asks $139 Million

The hills above Los Angeles are filled with glass box-style houses with hot tubs, gyms and home theaters, products of an amenities arms race spawned by an oversupply of speculative development over the past few years. But a newly built Bel-Air…
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SoCal’s housing inventory is at a ‘catastrophically’ low level to start the year

L:os Angeles, Orange, San Bernardino and Riverside counties have started the year with a "catastrophic" low number of for-sale homes, sparking bidding frenzies despite rising interest rates and high housing prices.   What…

‘Gimme Shelter’: What to expect in California housing in 2022

Californians started this year with a major change in housing development. On Jan. 1, a new state law began allowing property owners to build at least duplexes on nearly all residential parcels, ending the dominance of single-family home-only…

In Southern California, a slight slowdown in the housing market still means record prices

Southern California home prices jumped nearly 16% in November from a year earlier, showing how the market is still ultra-competitive despite a slight slowdown that began to set in several months ago. Some buyers sat out the bidding wars after…

Caruso OK for 165-unit apartment complex at Thousand Oaks mall

The city of Thousand Oaks struck a deal with Rick Caruso on his proposed 165-unit apartment complex at his Lakes at Thousand Oaks mall property. The agreement calls for the city to sell the entire 7.5 acres it currently leases to the mall…

SB-9 goes into effect on January 1, 2022

A new state law is poised to dramatically change single-family zoning restrictions in neighborhoods across California. It’s called SB9, and it’s already causing some confusion as homebuyers and homeowners try and figure out what it means…