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California has the lowest coronavirus transmission rate of any state following a sharp decline in cases and hospitalizations after a summer surge. The nation’s most populous state is the only one experiencing “substantial” coronavirus transmission,… Read More

Prices for single-family homes heated up even more as the summer market kicked off in June, according to the most recent S&P CoreLogic / Case-Shiller Indices. For the third consecutive month, home prices saw record… Read More

Stock markets closed the week at new record highs – Stock market indexes have hit record highs over 50 times in 2021. Despite a rise in coronavirus cases, turmoil overseas, a slip in retail sales,… Read More

Stock markets ended the week slightly lower – Stocks dropped following the third straight month of retail sales declines and the lowest consumer sentiment reading in several years, leading investors to feel the economy was… Read More

U.S. employers added 943,000 jobs in July – The Department of Labor and Statics reported that 943,000 new jobs were added in July. That exceeded the 845,000 new jobs experts predicted. Average hourly wages rose… Read More

A joint venture between builder Hudson Pacific Properties Inc. and investment firm Blackstone will create the 240,000-square-foot Sunset Glenoaks Studios movie and television production facility in Sun Valley by the third quarter of 2023, according… Read More

The mayor of Los Angeles signed an ordinance Thursday making it unlawful for people to “sit, lie, sleep” or otherwise situate their belongings in the “public right of way” – a law that will almost… Read More

Six San Fernando Valley region hospitals were named in U.S. News & World Report’s “Best Hospitals” for 2021-2022. Hospitals from the Valley ranked in the following order: Adventist Health Glendale: No. 12 in Los Angeles,… Read More

With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons… Read More

Stock markets closed the week at or near record highs – The week began with the largest one day point drop since October marking five straight days of declines. This was due to fears of… Read More