Signs the Housing Market is Really in Trouble
"Owner ready to croak must sell" would be one sign. Another would be calling your house a 'gem, except for asbestos."
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"Owner ready to croak must sell" would be one sign. Another would be calling your house a 'gem, except for asbestos."
The beachfront home where former NFL linebacker Junior Seau killed himself is on the market for nearly $2.3 million.
Home sales in Los Angeles County jumped nearly 12 percent in June compared to a year ago, while prices rose by more than 2 percent, according to real estate firm DataQuick.
City Attorney Carmen Trutanich has filed a lawsuit against on the nation's biggest banks over alleged illegal eviction and maintenance practices.
A Torrance real estate agent who allegedly defrauded clients out of over $400,000 faced felony grand theft and other charges on Monday.
More people are buying homes as compared to a year ago, with a 25.3 percent jump in L.A. County properties, according to a real estate research group.
To many of us athletes are on another level -- idolized by millions and well paid to play their games -- but like anyone else, they have responsibilities and hassles, like moving.
Rent is expected to rise for apartments across Southern California over the next two years, with average rents to increase 7.9 percent in Los Angeles, according to a USC report.
Culver City may be one of the best-kept secrets thanks to a resurgence downtown.
Two Southland women are accused of cheating their clients in Orange County out of $2 million in a fraudulent real estate investment scheme.
One of the city's largest private real estate companies finds Ventura Boulevard an attractive place to own properties.
Some buyers are making some great deals in the communities along Ventura Boulevard — as long as they can find a loan.
The San Fernando Valley has been hammered by the economic downturn — and real estate in particular has taken a beating.
In a tough real estate market, sellers have to be proactive to get a leg up on the competition. One industry expert says the secret to success may be spying on your neighbors.
Helicopter drones are one of the military's most effective tools. Unmanned aircraft that can get in and out of touch spaces without being detected.
Donald Trump sold his 11,000-square-foot Rancho Palos Verdes home overlooking his golf course for $7.15 million, it was reported Sunday.
The White House may be close to giving more help to struggling homeowners in Southern California and across the nation.
The so-called "Bernie Madoff of Beverly Hills" is behind bars in a federal penitentiary Wednesday for his role in a $21 million wire fraud scheme.
(N)eighbors will refer to you as "Fred and Wilma."
Burbank also has a proven track record for commercial real estate development.
The mixed report covers a six-county region of Southern California amid worries about job security and the health of the economy at large.
If you're looking to buy a home in the beach cities, you're going to need help.
The drop is triggering a warning from government analysts that 2011 could be the worst year for the industry in half a century.
The city was awarded $143 million through the Neighborhood Stabilization Program to spend to fix up and sell properties in the city's worst real estate markets.
If the latest property assessments are any indication, there could be a glimmer of hope for the Southland's housing market.
Lawyers for actor Jonathan Majors and Grace Jabbari agreed to dismiss the case with prejudice, according to a joint filing in Manhattan federal court.
The strikes, which destroyed an eight-story building and left a crater in the ground, were the fourth in Beirut in less than a week.
The suspect allegedly shot at officers and ran into a nearby home. He was hospitalized in a stable condition.
The California Highway Patrol is searching for a driver who allegedly killed a 16-year-old bicyclist during a road rage incident at Exposition Park on Friday.
Concrete barriers inexplicably appeared along several street parking spots in Chatsworth.
Lawyers for actor Jonathan Majors and Grace Jabbari agreed to dismiss the case with prejudice, according to a joint filing in Manhattan federal court.
The strikes, which destroyed an eight-story building and left a crater in the ground, were the fourth in Beirut in less than a week.
The suspect allegedly shot at officers and ran into a nearby home. He was hospitalized in a stable condition.
The California Highway Patrol is searching for a driver who allegedly killed a 16-year-old bicyclist during a road rage incident at Exposition Park on Friday.
Concrete barriers inexplicably appeared along several street parking spots in Chatsworth.
The suspect allegedly shot at officers and ran into a nearby home. He was hospitalized in a stable condition.
The California Highway Patrol is searching for a driver who allegedly killed a 16-year-old bicyclist during a road rage incident at Exposition Park on Friday.
Concrete barriers inexplicably appeared along several street parking spots in Chatsworth.
The California Highway Patrol closed the 5 Freeway between Newhall and Sylmar for a death investigation.
Police recovered more than $200,000 in Nike Jordan shoes during a California Highway Patrol operation in Anaheim.
Police recovered more than $200,000 in Nike Jordan shoes during a California Highway Patrol operation in Anaheim.
With the holiday season quickly approaching, police warned residents to be wary of porch pirates after a brazen theft in front of an Irvine home.
Public health officials are urging residents and business owners to monitor their water sources after seven people reported contracting Legionnaire's Disease in recent days.
The cat was scared up a tree by one of the neighborhood's small dogs before getting tranquilized and relocated by wildlife officials.
Park officials say the ride had technical difficulties. Twenty-two riders were involved. Two were brought to a hospital.
The Riverside County District Attorney's Office declined to file charges against the suspected sexual predator who tried to meetup with a Temecula teenager for sex because they said more evidence was needed before they could take action.
The woman told firefighters that she had fallen into the hole sometime Tuesday evening and wasn't discovered until a passerby heard her screaming for help.
Undercover detectives posed as a teenage girl online and began talking with a 43-year-old man from Arizona who expressed his intent to meet up for sexual purposes.
It happened at around 9:15 p.m. on Friday near the intersection of SR-74 and White Avenue, according to California Highway Patrol officers.
Investigators arrested the 46-year-old man after an undercover operation revealed he was trying to meet a minor for sexual purposes.
While sometimes slow, the tracing system from the Bureau of Alcohol, Tobacco Firearms and Explosives played an instrumental role in helping law enforcement locate the man who opened fire inside a Monterey Park dance hall in 2022.
Following a deadly hijacking of a Metro bus, Ross Palombo digs through data about violence on the Metro system.
Ross Palombo goes over the crime statistics available for the Metro.
KCAL News investigates connection between Beverly Hills armed robbery and gun belonging to notorious police killer Christopher Dorner.
Ross Palombo shows how investigators arrested the man accused of starting the Line Fire after they spotted his white truck. Palombo also speaks to the man's family.
Laboratory findings show that Yu-Shang Food ready-to-eat meat and poultry products were making people sick, the CDC said.
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
The 17-time Grammy Award-winning artist's new album features 12 songs.
Trump's sentencing in the "hush money" case has been delayed by a New York judge.
Shohei Ohtani becomes the second player named MVP in both the American and National leagues.
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
Trump's sentencing in the "hush money" case has been delayed by a New York judge.
President-elect Donald Trump made the announcement Thursday evening after Matt Gaetz withdrew himself from consideration.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
Los Angeles County Supervisors are calling for a county-run homeless department after a recent audit found that the Los Angeles Homeless Services Authority was having a number of issues, including the handling of funding provided for direct response to the homeless crisis.
Grocery giant Albertsons will pay nearly $4 million to settle a lawsuit accusing it of overcharging customers at hundreds of Albertsons, Safeway and Vons supermarkets.
A federal judge has blocked a new California law allowing any person to sue for damages over election deepfakes.
Californians with iPhones and Apple Watches will now be able to store digital versions of their driver's licenses and identification cards on their devices, state officials announced.
The authorization comes after a week-long voting period for the more than 6,000 Food4Less workers represented by the United Food and Commercial Workers Local union.
A string of recalls connected to Wisconsin-based supplier Schreiber Foods has now extended to Aldi stores after similar recalls at Hy-Vee and other grocery chains.
Public health officials are urging residents and business owners to monitor their water sources after seven people reported contracting Legionnaire's Disease in recent days.
The first case in the U.S. of a more severe strain of mpox was reported in San Mateo County, the California Department of Public Health said.
The "Dawson's Creek" alum shared the news on Sunday and said that despite the diagnosis, there is "reason for optimism, and I'm feeling good."
Public health officials have reported two more locally acquired cases of the mosquito borne illness dengue in Los Angeles County, bringing the total to 11 cases in recent weeks.
McDonald's says Quarter Pounders will be back on the menu at hundreds of its restaurants after testing ruled out beef patties as the source of an E. coli outbreak.
Avid coin collectors jumped at the chance to get their hands on a rare "double eagle" gold coin at a Southern California auction house.
Los Angeles County is taking on Pepsi and Coke for their role in plastic pollution.
Two more members of the Los Angeles Times editorial board have resigned after the newspaper's owner blocked its plan to endorse Democratic Vice President Kamala Harris for president.
Thousands of mental health workers at Kaiser Permanente facilities spanning across Southern California went on strike on Monday, calling for increased pay and restored pension plans, amid other demands.
Workers at seven CVS pharmacies in Southern California have gone on strike for better pay and health care and to protest what they say is bad-faith contract bargaining by the company.
Shohei Ohtani becomes the second player named MVP in both the American and National leagues.
Sebastian Mack scored 21 points, Tyler Bilodeau hit 4 of 4 from 3-point range and finished with 20 points and UCLA beat Idaho State 84-70.
Ukko-Pekka Luukkonen stopped 24 shots, Jason Zucker scored the game's only goal, and the Buffalo Sabres beat the Los Angeles Kings 1-0.
James Harden scored 24 points and the Los Angeles Clippers won their sixth game in a row at their new arena, beating the Orlando Magic 104-93.
Freddie Freeman's historic walk-off grand slam ball from Game 1 of the World Series is hitting the auction block.
Lawyers for actor Jonathan Majors and Grace Jabbari agreed to dismiss the case with prejudice, according to a joint filing in Manhattan federal court.
The 17-time Grammy Award-winning artist's new album features 12 songs.
For years, actor and comedian Katt Williams has claimed he lied about his age as a teenager to join the Marines and passed boot camp before being drummed out. The Marines have no record of him ever serving.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
Betty White will be honored with a stamp in 2025, the U.S. Postal Service announced on Friday.
Miracles for Kids is in the spirit of giving this Thanksgiving, with the charity helping families and children in need with gifts and more.
Columbus Craft Meats Charcuterie Director Evan Inada visits KCAL News this morning to share some beautiful creations that can be made for Thanksgiving.
Raising Cane's Burbank restaurant partner Crystal Williams and Founder of Pup Culture Rescue Victoria Shaffer visits KCAL News to talk about how the proceeds from the campaign actually get put to use.
The Rose Parade is more than a month away, but we get a sneak peak this morning as Kara Finnstrom sees the floats hit the street on their "test drive day."
Alex Biston makes a special weather forecast this morning at Miracles For Kids as volunteers pack baskets full of items for families. On the weather side of things, there's a chance for rain in the early morning and evening of today as temperatures hold on the cooler side.
Several people have been injured and multiple homes burned after the Mountain Fire broke out Wednesday morning in Ventura County, burning over 10,000 acres within hours.
KCAL News Anchor and three-time Emmy award-winning journalist Chauncy Glover has died.
Los Angeles comes out to celebrate the Boys in Blue two days after winning the 2024 World Series.
The Los Angeles Dodgers are World Series champions after defeating the New York Yankees in game 5.
The Los Angeles Dodgers win the World Series in Game 5 in a 7-6 win over the New York Yankees
