A massive fixer-upper sitting atop a hill with to-die-for views of downtown Los Angeles hit the market last week for $3.5 million, which in Tinseltown is not a bad deal. There’s just one catch: The five-bed, four-bath mansion in tony Los Feliz has a gruesome history. The Los Feliz Murder Mansion, as it’s known, was where Harold […]
Millennial Home Buyers Might Never Come Knocking
More than a decade has passed since the financial crisis hit, yet the housing market remains in a deep funk. Fear not: A wave of millennial buyers is about to hit the scene. Right? One of the weirder things about the current economic recovery is how little housing has contributed to it. Unlike past expansions, […]
Home Building in the U.S. Rose in April
WASHINGTON—A gauge of home building across the U.S. increased in April, driven by an uptick in single-family construction across much of the country. So-called housing starts rose 5.7% in April from the prior month to a seasonally adjusted annual rate of 1.235 million, the Commerce Department said Thursday. Residential building permits, which can signal how […]
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