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Tuesday, July 28, 2026

Los Angeles Realty News

Newsroom for Los Angeles Real Estate and Construction Businesses

House Flipping Hits 20-Year Profit Low as California Tightens Restrictions on Investors
Analysis

House Flipping Hits 20-Year Profit Low as California Tightens Restrictions on Investors

House flipping profits hit 20-year lows as California restricts investors, despite data showing flippers renovate distressed homes, expand housing stock, and create jobs without pricing out buyers.

Jun 29, 2026
Black Homeownership Surged 30% Before Affordability Crisis Hit Hardest, New Federal Data Show
Analysis

Black Homeownership Surged 30% Before Affordability Crisis Hit Hardest, New Federal Data Show

Black homebuyers saw mortgage originations surge 30% then crash 40.5% as affordability worsened. New federal data show racial homeownership gaps narrowing despite rising denial rates and income barriers.

Jun 29, 2026
Top Stories
Downtown Brooklyn Leads Nation in Housing Density Growth, Adding Over 8,800 Units in Half-Mile Radius
Analysis

Downtown Brooklyn Leads Nation in Housing Density Growth, Adding Over 8,800 Units in Half-Mile Radius

Downtown Brooklyn added over 8,800 housing units in a half-mile radius since 2020, leading the nation. Transit-accessible downtowns nationwide absorbed thousands of new homes as office markets weakened, creating walkable neighborhoods.

Jun 24, 2026
California Ranks Fifth in Nation for Widest Income Gap Between Rich and Poor
Analysis

California Ranks Fifth in Nation for Widest Income Gap Between Rich and Poor

California has nation's fifth-widest income gap, with top earners making 343% more than bottom earners, driving housing costs higher and contributing to population outflow from inequality states.

Jun 24, 2026
Home Sales Expected to Rebound in Second Half of 2026 as Typical Homeowner Gains $16,000 in Wealth
Analysis

Home Sales Expected to Rebound in Second Half of 2026 as Typical Homeowner Gains $16,000 in Wealth

NAR forecasts 4% growth in home sales and prices for 2026, with typical homeowners gaining $16,000 in wealth. Median home price projected to hit $1 million in 25 years.

Jun 18, 2026
US Pending Home Sales Jump 3.8% in May as Buyers Accept Higher Mortgage Rates
Analysis

US Pending Home Sales Jump 3.8% in May as Buyers Accept Higher Mortgage Rates

US pending home sales rose 3.8% monthly and 4.8% annually in May, with all regions gaining as buyers accept above-6% mortgage rates as normal, despite tight inventory and modest rate relief ahead.

Jun 18, 2026
More Stories
South Valley Led LA's ADU Market in 2025, But West LA Is Closing the Gap
Analysis

South Valley Led LA's ADU Market in 2025, But West LA Is Closing the Gap

South Valley led LA with 1,751 ADU permits in 2025, up 85% from 2020. New state laws slashing approval times to 21–30 days are fueling sustained contractor demand citywide.

Jun 15, 2026
LA Homes Are Selling in 48 Days While the National Market Sits at 66
Analysis

LA Homes Are Selling in 48 Days While the National Market Sits at 66

Los Angeles single-family homes sold fastest in 31-60 days in May 2026, defying national slowdowns. Condos lagged. Tight inventory and strategic pricing created a stable middle ground.

Jun 15, 2026
California Government Building Renovation Wins Design-Build Innovation Award for Collaborative Approach
Analysis

California Government Building Renovation Wins Design-Build Innovation Award for Collaborative Approach

California's Resources Building renovation won a 2026 DBIA Innovation Award for using design-build collaboration and early investigations to modernize the aging facility while reducing risks and costs.

Jun 14, 2026
Boise Outpaces Los Angeles in Housing Permits Despite Having 16 Times Fewer Residents
Analysis

Boise Outpaces Los Angeles in Housing Permits Despite Having 16 Times Fewer Residents

Boise issued nearly as many housing permits as Los Angeles despite having 16 times fewer residents, using market incentives instead of mandates to tackle housing shortages more effectively than regulation-heavy West Coast cities.

Jun 14, 2026
U.S. Mortgage Rates Climb to 6.52%, Nearing 2026 High as Iran War Drives Borrowing Costs Up
Analysis

U.S. Mortgage Rates Climb to 6.52%, Nearing 2026 High as Iran War Drives Borrowing Costs Up

U.S. 30-year mortgage rates rose to 6.52%, near 2026's high, driven by Iran war-related oil disruptions and inflation. Home sales remain depressed despite recent application gains.

Jun 14, 2026
Most LA Home Sales Closed Within 5% of List Price in May 2026; Condos Were the Exception
Analysis

Most LA Home Sales Closed Within 5% of List Price in May 2026; Condos Were the Exception

May 2026 Los Angeles data shows 70% of single-family homes sold within 5% of list price, signaling pricing discipline. Condos faced steeper buyer resistance, with fewer premium sales and more discounts.

Jun 11, 2026
Home Sales Hit Five-Month High as Affordability Improvements Draw Buyers Back to Market
Analysis

Home Sales Hit Five-Month High as Affordability Improvements Draw Buyers Back to Market

May existing-home sales rose 3.2% to a five-month high as improving affordability drew buyers back. Prices hit a May record at $429,300 amid persistent supply constraints and faster sales.

Jun 11, 2026
US Home Sales Hit Fastest Pace This Year as Buyers Return Despite Rising Prices
Analysis

US Home Sales Hit Fastest Pace This Year as Buyers Return Despite Rising Prices

US existing home sales rose 3.2% in May to 4.17 million units, the fastest pace since December, as improving affordability brought buyers back despite rising prices and mortgage rate uncertainty.

Jun 11, 2026
California's New Transit Housing Law Could Unlock Over 1 Million Homes, But L.A. Plans to Delay
Analysis

California's New Transit Housing Law Could Unlock Over 1 Million Homes, But L.A. Plans to Delay

California's SB 79 unlocks zoning for over 1 million homes near transit stops starting July, allowing buildings up to nine stories. Los Angeles plans to delay full implementation until 2030.

Jun 11, 2026