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NATIONAL
January 20, 2012 | By Ricardo Lopez, Los Angeles Times
A wind-whipped brush fire in a rural valley between Carson City and Reno forced more than 10,000 residents to flee and destroyed more than 20 homes, Nevada officials said Thursday night. Gov. Brian Sandoval declared a state of emergency shortly before 5 p.m. By evening, the blaze had grown to nearly 6 square miles. "To say we're in the thick of battle is an understatement," Reno Fire Chief Michael Hernandez told reporters earlier. The news conference itself was almost postponed because authorities were set to widen the evacuation area to include the high school where the briefing took place.
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NATIONAL
June 16, 2013 | By Matt Pearce
Four firefighters were injured Saturday and more than 100 homes near downtown Indianapolis had to be evacuated after a recycling facility caught fire and collapsed. None of the injuries were serious, and by Sunday residents were allowed to return home. The blaze took eight hours to control Saturday as more than two-dozen 30-gallon propane tanks continually exploded and the fire sent up an acrid cloud that could be seen for miles over the city, officials said. Nearby buildings and dumpsters momentarily caught fire as strong winds blew the embers from the blaze to the surrounding area.
BUSINESS
April 22, 2013 | By Roger Vincent
A vacant lot in Century City, one of the most densely developed neighborhoods in Los Angeles, will be filled with single-family homes by its new owner. The 1.75-acre parcel at the corner of Century Park West and Solar Way was purchased for about $13 million by an affiliate of Los Angeles developer California Landmark Group, real estate brokerage HFF said. Century City has nearly 10 million square feet of offices, two major hotels and a regional mall. In its compact 0.3 square mile west of Beverly Hills it also has about 2,000 residences, most of them condominiums, according to the Century City Chamber of Commerce.
NATIONAL
June 29, 2012 | By Tony Barboza
COLORADO SPRINGS, Colo. -- Hundreds of families from neighborhoods torched by the massive Waldo Canyon wildfire met with local officials Thursday night to learn whether their homes had survived. In an emotional meeting at a University of Colorado events center, Colorado Springs officials distributed printouts with addresses marking which houses had been destroyed or damaged, and which had survived, attendees said. At least 346 homes were destroyed on some 35 streets in the Mountain Shadows neighborhood, Mayor Stephen Bach said earlier in the day. He warned that the toll could grow as more areas are inspected.  PHOTOS: U.S. wildfires 2012 Byron and Rebekah Largent had already heard that their home had burned but attended the night meeting to support friends and neighbors -- some of whom broke down when they got the bad news.
BUSINESS
January 21, 2012 | By Alejandro Lazo, Los Angeles Times
Home sales rose nationally in December, marking the third consecutive month that the market has shown improvement. Previously owned homes were sold at a seasonally adjusted annual rate of 4.61 million units, up 5% from November and 3.6% from December 2010, the National Assn. of Realtors said Friday. "The market for single-family homes picked up in the second half of 2011, after being stuck near the bottom for nearly three years," Patrick Newport, an economist with IHS Global Insight, wrote in a note to clients.
NATIONAL
May 19, 2013 | By Matt Pearce, This post has been updated, as indicated below.
A series of tornadoes raked a broad swath of the Midwest on Sunday, destroying homes and a trailer park in Oklahoma, killing one person and injuring at least 21 others, officials said. As night fell, rescuers with flashlights picked through the rubble of a trailer park in Shawnee, Okla., that was heavily damaged in the storm, as were a number of homes across the state. [Updated, May 19, 9:36 p.m.: The Pottawatomie County sheriff's office said late Sunday that one body had been found at the trailer park, the Associated Press reported.
BUSINESS
February 27, 2010 | By Alejandro Lazo
If you're still having trouble selling your house, you're not alone. Sales of previously owned homes in January stumbled considerably for the second consecutive month. The National Assn. of Realtors in Washington said Friday that sales fell 7.2%. January sales were the lowest since June but 11.5% higher than in January 2009. Previously owned homes make up the bulk of the nation's buying activity. Economists said that last month's sales drop from December was another sign the market is critically weak and unlikely to recover robustly this year as the potential for more foreclosures looms.
BUSINESS
October 12, 2012 | By Alejandro Lazo, Los Angeles Times
Competition for lower-priced homes in California is so hot that the number of cheaper homes available for sale has sunk more than 40% in the last year, pushing out many would-be buyers. Homes that sold for $313,200 or less were the most competitive type of home nationally, but nowhere did inventory in that price range drop more than in the Golden State, according to a report released Thursday by real estate website Zillow. In some parts of the Inland Empire, the supply of homes on the market is down to about a month's worth, real estate agents say. Economists typically consider a six-month supply to be a healthy market.
BUSINESS
June 13, 2013 | By Andrew Khouri
Home prices in the upscale Bay Area swelled last month, but tight inventory kept sales below average, driving bidding wars and frustrating would-be buyers. The median sale price for a home in the nine-county region hit $519,000 in May -- a 29.8% increase from the same month a year earlier -- real estate firm DataQuick said Thursday. That was a nearly 2% increase from April. Buyers purchased 8,541 new and existing houses and condos, down 4% from May 2012, but up 12.1% from April.
CALIFORNIA | LOCAL
September 19, 2012 | By Bettina Boxall, Los Angeles Times
More homes face high risk of being destroyed in a wildfire in densely populated Los Angeles County than in any other county in the state, according to new insurance industry research that underscores that fire danger is not confined to rural areas. The analysis, released Wednesday by the Insurance Information Network of California, places more than 2 million homes in the high-risk category statewide. Slightly more than half of them are in Southern California, where huge, wind-driven fires have charred thousands of houses in the last decade.
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