A $35-million tear-down: L.A.’s unreal estate has plenty of buyers

It’s not uncommon on the Westside of Los Angeles for people to shell out $20 million or more for a house. And then take a wrecking ball to it. Jeff Hyland, of the high-end Beverly Hills real estate agency Hilton & Hyland, had a recent tear-down sale of $35 million in the Trousdale section. “It […]

FHA Is Set To Return To Anti-House-Flipping Restrictions

Can you still do a short-term house flip using federally insured, low-down payment mortgage money? That’s an important question for buyers, sellers, investors and realty agents who’ve taken part in a nationwide wave of renovations and quick resales using Federal Housing Administration-backed loans during the last four years. The answer is yes: You can still […]

Are Orange County, Inland Empire, and Los Angeles Real Estate overpriced?

Real Estate in Los Angeles

 Los Angeles real estate overpriced? According to the real estate website Trulia, the three Southland regions of Orange County, Los Angeles, and the Inland Empire, are all suffering from huge price increases without large increases in income. This makes recovery increasingly difficult to achieve. These high housing costs are some of the most overpriced in […]