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Real Estate News

Source: Los Angeles Times Real Estate News
Southern California home sales tumbled 7.5% in October from a year earlier, extending a broad slowdown in the housing market, according to a report released Thursday by CoreLogic. Last month was the third straight month of declines, and the 19,193 homes that sold were the lowest number for an October... [...]
Thu, Nov 29, 2018 10:35:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Bankrupt Sears Holding Company wants a white knight to swoop in and save the brand by purchasing 505 owned and leased Sears and Kmart locations, including four in San Diego County. The company said last week in a bankruptcy filing that it hopes to keep the following local stores alive: [...]
Wed, Nov 28, 2018 10:05:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Sales of new U.S. homes fell in October to the weakest pace since March 2016 as rising borrowing costs and elevated prices keep buyers out of the market. Single-family home sales fell 8.9% from the prior month to a 544,000 annualized pace, according to government data released Wednesday. That was... [...]
Wed, Nov 28, 2018 3:30:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
The upscale Park Hyatt Aviara resort, which was taken over by its lender more than a year ago following missed payments, is now under new ownership. Xenia Hotels & Resorts, a Florida-based real estate investment trust that owns 41 hotels across 17 states, including the Andaz in downtown San Diego,... [...]
Wed, Nov 28, 2018 2:00:00 PM, Continue reading at the source