Southern California home prices dropped to $855,335 in January. That's the lowest average home value across the six-county region since March 2024.

A new bill introduced by Assemblymember Matt Haney looks to discourage corporate homebuying by banning a tax strategy that helps investors avoid taxes on home sales in California.

The proposed buyer of the L.A. project in bankruptcy proceedings is a partnership led Kali P. Chaudhuri, whose firm owns properties in California and India.

The furniture giant known for "Billy" bookcases and Swedish meatballs will occupy part of the old Helms Bakery building.