The median list price in Corona del Mar this week is $2,950,000. Inventory is tightening, and days on market are falling. The Market Action Index shows demand heating up. These are relatively bullish signs for prices. Supply and DemandThe market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long Read More

Big investors are pouring unprecedented amounts of money into real estate hard hit by the housing crash, bringing those moribund markets back to life but raising the prospect of another Wall Street-fueled bubble that won’t be sustainable. Drawn by the prospect of double-figure profit margins on rents and the resale of homes whose prices plummeted Read More

The Federal Reserve said the U.S. economic expansion remained “moderate” amid gains in manufacturing, housing and autos that offset weakness in defense-related industries in some regions. “Most districts noted increases in manufacturing activity since the previous report,” the central bank said today in its Beige Book business survey, which is based on reports from the Read More

Recently, rumblings of another housing bubble have been emerging, but one economist says with inventories expected to rise soon, the housing market is not at threat. Rick Sharga, executive vice president with Carrington Mortgage Holdings, told a crowd at the REOMAC 2013 Summit & Expo in Dallas on Monday that the housing market should expect Read More

In the early 1920s Frank Lloyd Wright made his way westward to California, looking to explore new architectural ideas, building materials and forms. “Buildings, too, are children of Earth and Sun,” said the architect, and where better to build them than the Golden State? Wright went on to design 26 buildings in California, but his Read More