Around Los Angeles

You're safe for now, US Bank Tower--the rebuilt Wilshire Grand will still be three stories short of LA's tallest tower, despite entitlements that could allow it to rise far higher....

Their internationally recognized names sell music and movie tickets. They promote perfumes and presidents. But when it comes to selling their own houses, celebrities often find that their cachet doesn't pull in the cash.

Low real-estate prices—and sweet tax breaks—may make buying a condo preferable to student housing.

Bank of America has started sending letters to thousands of homeowners in the United States, offering to forgive a portion of the principal balance on their mortgages by an average of $150,000 each.

As California pushes to get more homeowners into a $2-billion foreclosure prevention program, some Fannie Mae and Freddie Mac borrowers may see their mortgages shrunk through principal reduction.

Costco ($88.37 -0.32%), the one-stop-bulk-shop haven, offers everything you need in a home: furniture, flooring, groceries and 60-roll toilet paper packs. Now Costco is going to help you finance your home, too.

WASHINGTON — How do you stack up as a potential mortgage candidate in this year's increasingly tough underwriting environment?

A new statistical analysis, based on a large sample of all mortgage applications approved and denied in recent months, offers valuable benchmarks for anyone thinking about financing a home purchase or refinancing an existing loan. 

For a downtown once famous for emptying out with the evening commute, the raucous scene around Staples Center and L.A.

From the Southland to the Bay Area, California's housing market showed strength last month as median prices rose and sales outperformed the same month last year.

A week after Christine Lynch listed her house in the Brentwood neighborhood of Los Angeles for $3.625 million, she had seven offers. Within 10 days, a deal was reached for the five-bedroom, six-bathroom home -- and for $225,000 more than she asked.

Don't even think about fudging on your application for a mortgage by inflating your income a tad, checking the box to indicate you're going to live there when you're really not or exaggerating your job description.

Move Inc. releases its list of real estate markets making the biggest steps toward recovery. And some of the cities making the biggest strides were among the hardest hit by the foreclosure crisis.

Home prices in a majority of the markets covered in Zillow’s Home Value Forecast are set to bottom this year — if they haven’t already, according to a Zillow report released on Wednesday.

A new report predicts the market for foreclosed homes that are turned into rentals will be worth more than $100 billion this year.