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Edmonton Sun - Alberta, Canada
Apartment vacancy rates in Edmonton have dipped to a five-year low – and that’s driving up the cost of rent to unprecedented levels, according to the ...
 
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L.A. Times - Real Estate News
Headlines from Los Angeles Times

Los Angeles Times
  • '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.

  • Adult children moving back home with parents
    Extended families sharing a home was once an American tradition. Now with rising foreclosures and layoffs, it's a necessity. But there is a silver lining.

    Donald Garcia, 35, and his wife, Augustine, were living in a Burbank apartment when Augustine's mother approached them for help. She had refinanced her three-bedroom Tujunga home a year and a half earlier with an interest-only loan, and what had been a $900 monthly house payment had doubled.

  • 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.

  • Rebuilding a home after a fluke flood
    Three days before Christmas 2006, as chef Matt Beville was sliding a tray of pastries into the oven at work, he had no idea events were unfolding at his 1924 Burbank home that would displace him for 18 months and lead to a $209,000 whole-house remodel.

  • 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

  • Misery loves company at Realtors expo
    Industry pros gather to compare scars, trade survival tips and try to have some fun.

    Get thousands of real estate professionals in one place during the worst market since who-knows-when, and this is what you find: yard signs for use in selling foreclosed properties, and a bunch of guys in yellow vests handing out life preservers.

  • 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.

  • California Realtors forecast lower home prices, rising sales in 2009
    The volume of home sales is expected to climb 12.5% next year, even as doubts linger about the nation's financial markets.

    Home prices across the state will continue to drop next year even as sales, spurred by the low prices on properties in foreclosure, keep rising, according to a California Assn. of Realtors forecast released Wednesday.

  • 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.

  • 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.


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