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LA TIMES REALTY NEWS


L.A. Times - Real Estate News

ON THE MARKET: L.A. lofts for sale
Downtown lofts, from Chinatown to the Barker Building

Three downtown lofts, priced from $527,000 to $895,000: 510 S. Hewitt St., Unit 513, Los Angeles 90013

How much foreclosure relief will homeowners get from bailout plan?
The rescue package for the financial system includes measures designed to stem the rising tide of foreclosures. Here's a look at the specifics.

The $700-billion rescue package for the financial system includes measures designed to stem the rising tide of foreclosures. Here's a look at the specifics.

Foreclosure king surfs troubled home waters
Real estate broker Leo Nordine is working his well-timed magic in selling distressed houses.

The South Bay's reigning King of Foreclosures runs around barefoot, doesn't own a cellphone and drives an 8-year-old Toyota Tundra pickup.

Home construction falls sharply in September
The larger-than-expected decrease signals that 2007 could be the slowest year for home builders in six decades.

Construction of new homes took a bigger-than-expected plunge in September as builders slashed production again.

In Lakewood, the downturn hits home
Residents are worried about job security, retirement and making ends meet. On Candlewood Street, some are scared that they're just a few paychecks or an unforeseen crisis away from disaster.

Candlewood Street in Lakewood is a regular neighborhood filled with regular people -- young and old, Republicans and Democrats, blacks, whites, Latinos and Asians. The lawns of the 1950s-era houses are groomed, and some porches are dressed with U.S. flags. In one yard, children toss a football as a couple walk nearby with a dog.

'Granny flats' let aging relatives live close -- but not too close
For some families, a second home on the same lot yields perks: You can keep tabs on aging parents, and the kids can spend more time with grandma.

Their homes are too big, their friends have moved or their families are too far-flung. But those aren't the only reasons aging adults are moving into separate residences on their children's properties.


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Michael Kabis. Finding the Keys to Your Real Estate Dreams. Key Bis Realty. Maple Grove Real Estate, Plymouth Real Estate.
Michael Kabis
Finding the Keys to Your Real Estate Dreams
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