Newsroom for Los Angeles Real Estate and Construction Businesses
Los Angeles issued 5,394 building permits in April 2026, down 7.5% from March's 5,831 and 1.8% below April 2025, reflecting cautious market conditions amid higher fees and stricter energy codes.
May 25, 2026
April 2026 new home mortgage applications fell 2.4% year-over-year, the first decline since October 2025, as economic uncertainty and higher rates slowed sales to 655,000 units annually.
May 24, 2026
LA housing demand has collapsed 85% since 2017, hitting a historic low of 13 in April 2026. Buyers have stopped looking despite falling rates, creating a standoff with sellers.
May 20, 2026
Southern California commercial vacancies rose in Q1 2026 even as net absorption turned positive, driven by new construction outpacing tenant demand while Amazon masks small business closures.
May 20, 2026
California mortgage rates edged down to 6.36% for 30-year loans by May 15, 2026, but a February Middle East war froze real estate transactions as buyers reject high rates and inflated prices.
May 17, 2026
LA County homeownership collapsed from 51.75% in 2009 to 48.36% in 2016, recovering only slightly to 49.74% by 2024. Housing shortages and soaring costs keep ownership out of reach for most.
May 12, 2026
CFPB received 30,000 mortgage complaints in 2025, up 17%, with over half about payment processing difficulties. Report urges lenders to strengthen procedures and regulatory training to prevent violations.
May 11, 2026
Los Angeles sales data from May 2026 shows 59% of homes sold below asking, with most taking 31-90 days to close, signaling a balanced market where correct pricing beats optimism.
May 10, 2026
Los Angeles County workers averaged 30.43 minutes commuting in 2024, down from 31.75 minutes in 2020, according to Census Bureau data published through FRED on January 29, 2026.
May 8, 2026
Los Angeles housing inventory surged to 13,499 in April 2026, the highest since 2019, reversing pandemic-era scarcity. Buyers now have leverage as prices soften and homes linger longer.
May 8, 2026
LA County housing inventory surged 174% from January 2022 to April 2026, rising from 4,923 to 13,499 listings as the mortgage lock-in effect weakens and sellers return.
May 4, 2026
Wildfire survivors in California are choosing prefabricated homes with fire-resistant steel and concrete over traditional builds, reflecting a nationwide shift as climate disasters drive demand for resilient housing.
May 4, 2026
California opened 187 affordable apartments in Los Angeles and secured financing for 85 units in San Francisco, funded by Cap-and-Invest climate revenues targeting low-income and formerly unhoused families.
May 4, 2026
