Owners of second homes — and Airbnb — stand to reap a windfall under an initiative in Los Angeles Mayor Karen Bass' new city budget proposal.

Tucked away in the more than 500 pages of city budget expenditures, the mayor calls for creating a new revenue stream by allowing people who own a second home to rent it out on a short-term basis, ...Read more

Real estate developer Caruso is partnering with the electric vehicle company Rivian to add more than 150 public EV chargers to Caruso's properties, including malls and apartment buildings.

Caruso owns several iconic Southern California destinations, such as the Grove and Palisades Village, which is scheduled to reopen this summer after last ...Read more

New residential construction in the U.S. rose in March to the highest level in more than a year as homebuilders boosted production despite ongoing affordability concerns.

Housing starts increased 10.8% to an annual pace of 1.5 million homes in March, the highest since December 2024, according to figures released Wednesday by the Census Bureau. ...Read more

San Diego home prices haven’t risen much in the past year, but that growth is still more than most of the U.S.

The San Diego metropolitan area’s home price increased 0.53% annually in February, said the S&P Cotality Case-Shiller Indices report released Tuesday.

That ranks San Diego No.7 in the index after being first or second for much of ...Read more

LOS ANGELES — Brandon Shahniani is obsessed with the 1980s sitcom "The Golden Girls," so much so that he decorated his breezy bedroom in pastel tones that would make Blanche Devereaux, the show's famously flirtatious character, green with envy.

"I want to live in 1980s Miami Beach," says the 28-year-old who's the co-owner of the Fair Oaks ...Read more

Eight months after the federal government announced an aggressive timeline for the long-debated rebuilding of Penn Station, plans for the nation’s busiest train hub are expected to be submitted next week.

Former NYC Transit head Andy Byford — President Trump’s new Penn Station Czar — has promised New Yorkers a “top-to-bottom ...Read more

A bill that would have required insurers to offer coverage to homeowners who take steps to reduce wildfire risk on their property died in the Legislature.

The Senate Insurance Committee on Monday voted down the measure, SB 1076, one of the most ambitious bills spurred by the devastating January 2025 wildfires.

The vote came despite fire ...Read more

Tracy Cambron couldn't afford to buy a house in Seattle when she moved here a decade ago. Still, she wanted to give her two kids a childhood like hers — one where they could play in a yard, trick-or-treat at neighbors’ houses and pass a football in the street.

She rented single-family homes in Seattle neighborhoods to give them that ...Read more

Sky-high office vacancy rates still haunt the downtowns of San Jose, Oakland and San Francisco, despite bursts of tech lease deals in Silicon Valley that have largely bypassed the urban cores of the Bay Area’s three largest cities.

The vacancy levels for office space remain stuck above 30% in San Jose’s, Oakland’s and San Francisco’s ...Read more

How renters pay for utilities in Seattle has become a hot topic over the last year.

A system that divides a building’s total utility bills between units instead of a flat rate has raised fairness and transparency concerns among tenants. Some claim the system allows landlords to rake in more money while circumventing recently imposed rent ...Read more

LOS ANGELES — The proprietor of Los Angeles' legendary Clifton's has given up on reopening the shuttered venue.

It's just too difficult to do business in downtown's historic core, he says.

Andrew Meieran bought Clifton's on Broadway in 2010 and poured more than $14 million into repairs, renovations and upgrades, adding additional bar and ...Read more

John Arnold, the billionaire energy trader-turned-philanthropist, made his fortune by predicting the direction of markets. Now, he’s sounding the alarm on fast-growing prediction markets, saying they’re harmful to young men and boys.

His concern lies in how platforms for sports-event contracts and online betting more broadly are designed to...Read more

Finance is different for everyone. We all inhabit our own money realities: white people and people of color, Gen Z and baby boomers, high earners and those with lower incomes.

Women live in their own financial reality, too. One where the gender pay gap is a force holding back their progress, seeping into every aspect of their financial well-...Read more

Countertop maker Cambria and seven other U.S. manufacturers won a resounding victory from the International Trade Commission, which ruled that a significant increase of cheaper quartz imports from Pacific Rim countries seriously undercut their ability to be profitable.

This is the second big trade win for Cambria, the giant in the U.S. quartz ...Read more

ORLANDO, Florida — At a west Orlando Walmart, Natilee Hamilton carefully considers the cost of each item she places in her cart as she struggles to adhere to a budget outpaced by inflation.

It is a balancing act that extends beyond the grocery store. In the past few years, she’s had to defer dental work, eye exams and home repairs because ...Read more

One of Los Angeles’ most influential home builders, KB Home, is relocating its headquarters out of state, becoming the latest high-profile firm to do so.

The company, which has been based in Los Angeles since 1963 and helped build its sprawling suburbs, is moving its main office to the Phoenix metropolitan area by spring 2027, in part to ...Read more

Above the bay windows that run up the center of a two-story apartment building in Uptown, Nick Serra stands on what had been the roof but will soon be the balcony for a new third-floor unit he’s adding.

In many circumstances, the construction work would be a sure sign that another traditional Chicago apartment building was being gutted and ...Read more

For many homeowners, the attic exists in a strange category of domestic space: too useful to ignore, too inconvenient to fully embrace. It becomes the place where holiday decorations go to disappear, where old toys quietly age in cardboard boxes, and where half-finished projects wait for a future version of ourselves who is somehow more ...Read more