Home sellers are cutting list prices as more buyers take pause: ‘The market is not the same’

Home sellers are increasingly cutting their asking prices as buyers, constrained by higher mortgage rates and overall inflation, have become less willing to jump into the housing market at any cost. The growing number of price cuts, a trend…

Does California have enough water for lots of new homes? Yes, experts say, despite drought

To some, it defies common sense. California is once again in the middle of a punishing drought with state leaders telling people to take shorter showers and do fewer loads of laundry to conserve water. Yet at the same time, many of the same…

The house was listed at $1.2 million. The sale price? Even crazier than you might think

The modest South Pasadena house went on the market at just under $1.2 million and sold for a hair above $2.5 million, and when I wrote about it last month, I wasn’t surprised by the reaction. I suggested that with crazy Southern California…