-
Home buyers to be spared automatic broker commissions under new $418 million settlement
The National Association of Realtors has agreed to a landmark settlement that would eliminate real estate brokers’ longstanding automatic commissions, commonly of up to 6% of the purchase price.
-
Homebuyers need to earn 80% more than in 2020 to afford a house in this market. It's not just due to high mortgage rates
While mortgage rates remain elevated for potential homebuyers, factors outside borrowing costs are keeping housing unaffordable for many, experts say.
-
Expert shares how Biden's housing plan could work in California
President Joe Biden’s plan includes tax credits that may provide enough incentive for CA families to become first time homeowners.
-
Can Biden's housing plan work in California?
President Biden announced a plan to fix America’s housing crisis in his State of the Union address on Thursday, which includes tax credits that may make it possible for families in California to consider purchasing a home — even with the state’s high median prices. Gordon Tokumatsu reports for NBC4 News on March 8, 2024.
-
Here are the top 10 hottest housing markets in 2024 — and why you may consider other options
Here are the top 10 “hottest housing markets” for 2024. However, homebuyers should consider that “market heat” means more competition, an expert says.
-
The Rundown: Friday January 19, 2024
The Rundown: Friday January 19, 2024
-
LA mayor's Inside Safe effort: $67 million spent, only 255 homeless people permanently housed
Los Angeles Mayor Karen Bass was elected on promises to make a big dent quickly in the city’s homelessness crisis, but almost a year later in office, her costly plan has put only 255 of the city’s 46,000 homeless into permanent housing.
-
LA's effort to move homeless off streets is failing some residents
Nearly a year after a program aimed to get unsheltered Angelenos off the streets and into temporary motels, the NBC4 I-Team reveals it isn’t going exactly as planned. Joel Grover reports for the NBC4 News on Nov. 30, 2023.
-
The Rundown: Tuesday November 28, 2023
The Rundown: Tuesday November 28, 2023
-
LA County awarded $74.7 million in Homekey grants for affordable housing
Governor Gavin Newsom announced $156.4 million allocated funds for the construction of 556 affordable homes across six California counties, Los Angeles being one of them.
-
The Rundown: Friday November 3, 2023
The Rundown: Friday November 3, 2023
-
LA City Council committee rejects rent increase ban extension
A Los Angeles City Council committee has rejected calls for an extension of the ban on rent increases that started during the COVID-19 pandemic and is instead offering a plan with a smaller increase.
-
LA city commission moves forward with revised proposal to lower rent hikes
A Los Angeles City Council committee approved an amended proposal to allow a smaller rent increase for properties under the city’s rent control law rather than to extend an existing rent freeze that is set to expire Jan. 31. NBC4’s Ted Chen reports for the NBC4 News at 4 p.m.
-
Answers demanded about delay in LA County landlord relief program
An audit has been requested by two Los Angeles County supervisors to probe why a rent-relief program for small property owners who are owed back rent accumulated during the COVID-19 pandemic has yet to be implemented.
-
These are the 10 most expensive ZIP codes in the U.S.
In the wealthiest ZIP code in the U.S., a median priced home will cost you around $8 million.
-
Could Woodbury University students' 3D-printed home be a solution to LA's housing crisis?
With half the workload, students at Woodbury University designed a sustainable 425-square-foot home, made entirely by cement spraying robots.
-
Burbank college students print 3D house
Students at Woodbury University managed to 3D print an entire house, which could revolutionize home building and help solve the area’s housing crisis. Gordon Tokumatsu reports Oct. 20, 2023.
-
The Rundown: Wednesday October 11, 2023
The Rundown: Wednesday October 11, 2023
-
The top 10 cities where more renters want to live alone — 4 are in Texas
People in the U.S. are increasingly living alone. These cities saw fastest growth of solo renters between 2016 and 2021.
-
The Rundown: Friday October 6, 2023
The Rundown: Friday October 6, 2023