LOS ANGELES--Los Angeles businessman Ron Burkle has doubled down on Bob Hope estates, buying the late comic's longtime Toluca Lake compound for $15 million.

Two years ago, the billionaire paid $13 million for a modernist home in Palm Springs that was designed and built by architect John Lautner for Hope and his wife, Dolores, the Los Angeles ...Read more

LOS ANGELES -- A block in Hollywood once slated to hold a museum dedicated to the Academy Awards is being transformed into a spacious $450-million campus of offices, apartments and stores.

Kilroy Realty Corp. has broken ground on Academy on Vine, a long-anticipated project on 3.5 acres just south of the ArcLight Cinema complex that is home to ...Read more

Even as Bay Area tech professionals take home the highest disposable incomes in the country, local service workers have sunk to the bottom with little or no cash left over after living expenses, a new report found.

The region is the worst in the nation for service employees and security workers, according to a new analysis by real estate ...Read more

Q: We bought a house with a major problem, a covered-over sinkhole, that was not disclosed to us. No one wants to help us with it -- our agent, the seller, everyone has turned his or her back. The house is so torn up to fix the problem that we have been staying in a hotel. Is there anything we can do? -- Edythe

A: Most people have heard the ...Read more

While rising interest rates have sharply reduced the number of mortgage borrowers who can refinance into a lower rate, rising home prices create opportunities for some borrowers to refinance into mortgages that are less costly in other respects. Previous articles looked at refinancing a mortgage that is burdened by mortgage insurance, or by a ...Read more

While rising interest rates have sharply reduced the number of mortgage borrowers who can refinance into a lower rate, rising home prices create opportunities for some borrowers to refinance into mortgages that are less costly in other respects. Previous articles looked at refinancing a mortgage that is burdened by mortgage insurance, or by a ...Read more

MIAMI -- South Florida has been saddled with the "Paradise Lost" label since that unflattering Time magazine cover in 1981. Now, another quality- of-life list asserts that things are still bad down here at the bottom of the Sunshine State. Three Miami-Dade County cities -- Miami, Miami Beach and Homestead -- rank among the 50 Worst Places to ...Read more

South Florida real estate agent Sara Dorfman hit the jackpot this month when she arranged the sale of a multi-unit complex in Fort Lauderdale's Victoria Park for $1.65 million. The chief selling point: The property was set up for vacation home rentals. And the buyer is eager to continue that business.

"We see more investors who are looking to ...Read more

Critics panned it, but there's a great line from the 1979 film "The Main Event" that pretty much sums up our weird relationship with money.

Barbra Streisand played an entrepreneur who has just learned her business manager has run off with virtually all of her financial assets.

"When you say I have no money, do you mean I have to be careful at ...Read more

For roughly a decade, millions of consumers could afford to focus on the rewards and ignore the rates on their credit cards.

"They haven't really had to think too much about interest rates because they didn't change that much," said Robert A. Dye, chief economist at Comerica Bank.

Game over. Get ready for higher rates on your credit cards ...Read more

The world's first community foundation was established in Cleveland in 1914. Today, there are almost 1,900 community foundations -- 75 percent of them created in the last 25 years. Among these are 1,033 in North America, 670 in Europe, 62 in Asia, 56 in Oceania, 31 in Africa and 11 in South America.

Community foundations are independent ...Read more

LOS ANGELES -- Jerry Bruckheimer can call it a wrap in Brentwood. The prolific film and television producer, whose credits include the "Pirates of the Caribbean" and "CSI" franchises, has sold his architectural home in the Westside neighborhood for $11.5 million.

Set on three-quarters of an acre, the pristine International-style home was ...Read more

While rising interest rates have sharply reduced the number of mortgage borrowers who can refinance into a lower rate, rising home prices create opportunities for some borrowers to refinance into mortgages that are less costly in other respects.

One possibility, discussed in a previous column, is to refinance a mortgage carrying mortgage ...Read more

While rising interest rates have sharply reduced the number of mortgage borrowers who can refinance into a lower rate, rising home prices create opportunities for some borrowers to refinance into mortgages that are less costly in other respects.

One possibility, discussed in a previous column, is to refinance a mortgage carrying mortgage ...Read more

DETROIT -- In 1979, Jerry Esters was working on the roof of a property he had inherited from his father in North Corktown when he had an epiphany: He could see downtown. First the train station, then the downtown skyline.

The property at 14th and Perry had been in the family for years, but as Esters sat perched on the shingles, he couldn't help...Read more

Q: We have let our mortgage lender choose our hazard insurance for our home. Although it was more expensive, we figured that if our lender picked it, then it must be great coverage. A friend just told me this is not the case. What is the truth? -- Frank

A: This type of homeowner's insurance coverage is known as "force-placed" or "lender-placed"...Read more