Houses

A stream of highly charged particles from the sun is headed straight toward Earth, threatening to plunge cities around the world into darkness and bring the global economy screeching to a halt. This isn't the premise of the latest doomsday thriller. Massive solar storms have happened before - and another one is likely to occur soon, according to Mike Hapgood, a space weather scientist at the Rutherford Appleton Laboratory near Oxford, England. Much of the planet's electronic equipment, as well as orbiting satellites, have been built to withstand these periodic geomagnetic storms.

$138.9 billion: Total negative equity in Southern California 78.5%: Homeowners with negative equity in the 90014 ZIP Code, the worst rate in Southern California 0%: Homeowners with negative equity in the 93040, 91963, 92066 and 91210 ZIP Codes 10%: Percentage of Southern California cities in which one-fifth of homeowners owe double the value of their homes

The wait for tables is getting longer at Buck's, a popular breakfast spot for the tech elite and a weather vane for the Silicon Valley economy. Here, like everywhere else, Facebook is the talk of the town. "Charles Schwab was in the restaurant the other day, and I asked him to hook me up with some Facebook shares," said Jamis MacNiven, owner of Buck's, in the wealthy suburban enclave of Woodside. "He told me even he can't get Facebook shares. " The new tech boom officially gets underway Friday when Facebook Chief Executive Mark Zuckerberg rings Nasdaq's opening bell remotely from the company's Menlo Park, Calif., headquarters, launching the largest initial public offering of stock in Silicon Valley history.

Even as a tentative housing recovery in the Southland appears underway, a big stumbling block remains: the vast number of underwater homeowners. Nearly 1 in 3 homeowners with a mortgage in Los Angeles County owes more on the loan than the property is worth, according to fresh data from real estate website Zillow. In the hard-hit Inland Empire, that climbs to more than half of borrowers. In roughly 10% of Southern California cities, 1 of every 5 homeowners with a mortgage owes double the value of the house, according to the data, released Wednesday.

The biggest home in Los Angeles County is ready for a new nickname: The 56,500-square-foot Manor, dubbed Candyland after owner Candy Spelling, has been sold to another wealthy socialite, British heiress Petra Ecclestone, in an all-cash deal for $85 million. As steep as that price is, it's not a record or even close to what Spelling was asking. The priciest Southland home transaction was the 2000 sale of an 8-acre estate in Bel-Air to financial executive Gary Winnick in a deal that included the trade of other land, for a total value of about $94 million.

"Selling L.A. " reality show viewers may wonder if any of the featured homes actually sell. Although perhaps not in time for the closing credits, some houses under consideration for the show do find a buyer outside the roving eye of the camera. One home that agent Rebekah Schwartz was promoting to HGTV for its 15 minutes of fame was the Marina del Rey pad that former Laker Lamar Odom rented a few years back. Listed at $1.995 million in January, it closed early this month at $1.825 million.

CHICAGO - When the White House sent a last-minute invitation for Asif Ali Zardari to attend the two-day NATO summit, they were taking a highly public gamble. Would sharing the spotlight with President Obama and other global leaders induce the Pakistani president to allow vital supplies to reach alliance troops fighting in Afghanistan? But long before the summit ended Monday, the answer was clear: No deal. Zardari's refusal to reopen the supply routes left a diplomatic blot on a summit that NATO sought to cast as the beginning of the end of the conflict in Afghanistan.

Most voters have by now received their sample ballots, and those who plan to vote by mail are sending in their applications. The June 5 election is underway right now. It is noteworthy for several reasons. Los Angeles County voters will be selecting a new district attorney, and this is the first time since 1964 that there is no incumbent trying to hold onto the seat. The field is wide open. To win outright in this nonpartisan race, a candidate must get more than 50% of the vote.

What kind of insect would take advantage of someone whose house is being fumigated? A lowlife worm, says Janice Dawson, whose Carson home was looted while it was shrouded in a tent erected by an extermination company. Los Angeles County Sheriff's detectives are investigating the burglary, which occurred when intruders peeled back the tarp covering the house and pried open a rear door. Several rooms were ransacked, and photographic gear, video game equipment, jewelry and other items were taken.

In these troubled times, who better to lead the 70th annual Hollywood Christmas Parade than Captain America? On Sunday, Peter Fonda will sport his "Easy Rider' persona, wearing a black leather jacket decorated with the stars and stripes to cruise down Hollywood Boulevard--albeit on four wheels--as the grand marshal of the 2001 parade. Fonda, 62, will be joined in this Tinseltown holiday celebration by dozens of celebrities, ranging from Pat Boone and Florence Henderson to Antonio Sabato Jr. and Eden's Crush.

WASHINGTON -- More green shoots are appearing in the nation's long-dormant housing market. Sales of new homes rose 3.3% in April from March to a seasonally adjusted annual pace of 343,000, the Commerce Department reported Wednesday. That was slightly stronger than what most analysts had forecast, and the latest in a string of recent reports suggesting that a housing recovery is taking hold. On Tuesday, the National Assn. of Realtors said existing home sales increased 3.

Last year's tussle over increasing the federal debt limit showed Congress at its worst, paralyzed by dueling ideologies and incapable of striking a grand bargain. The eventual compromise by lawmakers and the White House raised the debt ceiling enough to last until the end of 2012 or early 2013, giving voters a chance to shuffle the deck in Washington before the next round of negotiations. House Speaker John A. Boehner (R-Ohio), however, has been calling on Congress to take up the issue before the election, saying Congress shouldn't wait He's got a point, but the debt ceiling bill is the wrong place for that debate.

Joining the ranks of teenage homeowners is "Hunger Games" star Josh Hutcherson, who has bought a place in the Hollywood Hills West area for $2.5 million. Called the Tree House, the 2,000-square-foot-plus house has been home at different times to talk show host Ellen DeGeneres and the late actor Heath Ledger. The two-bedroom, two-bathroom house, built in 1951, sits behind gates on nearly a half-acre filled with sycamores. Features include glass walls, polished concrete floors, an office, beamed ceilings and video security.

Known for the great variety of the roles he plays, Leonardo DiCaprio now is trying his hand at Malibu beach house landlord. He has listed this Cape Cod-inspired home for $75,000 a month for a long-term tenant or $150,000 a month for leases of less than six months. His Malibu Colony compound was recently remodeled and features a four-bedroom main house on the ocean side, a two-bedroom guest house and a detached loft with gym. There is a beach-front deck, a fire pit, gardens and lawn on the less-than-half-acre lot. DiCaprio, 37, whose blockbuster hits include "Titanic" (1997)

Actor Kelsey Grammer is back at it — trying to sell his home in the Beverly Crest area — this time for $17.999 million. Priced in 2008 at $19.9 million, the mansion is described in the listing as modern Traditional in style. The two-story house, built in 1980, features a central hall, media room, a library, a wine cellar and a service entrance. There are seven bedrooms, nine bathrooms and 10,567 square feet of living space. Lawn, a swimming pool, a six-car motor court and a four-car garage complete the grounds of more than three-quarters of an acre.

"NCIS" star Michael Weatherly has sold his house in the Hollywood Hills for $1.845 million. The redone one-story house sits behind gates and has ocean and mountain views. Features include French doors opening to the swimming pool, beamed ceilings, a fireplace, an updated kitchen with stainless-steel appliances, three en-suite bedrooms and a finished two-car garage used as a music room. There are four bedrooms, 31/2 bathrooms and 2,600 square feet of living space. A covered area outdoors is set up as a gym. Weatherly, 43, has starred as special agent Anthony DiNozzo on the highly rated crime drama, originally titled "NCIS: Naval Criminal Investigative Service," since 2003 and appeared as the same character on "JAG.

WHEN her teenage nephew moved in, Shirley Miller shuttled her home office from a spare bedroom to the dining room of her Sherman Oaks house. It wasn't ideal, not with her own teenage son still living at home. But adding onto the 1,500-square-foot house would have cost $110,000 to $130,000, so she did what a growing number of squeezed homeowners are doing: She bought a kit for a pint-sized cottage and erected it in the backyard.

A diamond-encrusted lining is emerging in Southern California's cloudy real estate market. At least a half-dozen Westside mega-estates have sold for more than $20 million so far this year — creating a deafening buzz in local realty circles. Only a few home sales in other Southland counties have surpassed the $20-million mark. On the horizon is the close of Candy Spelling's larger-than-White-House-sized "Manor," which has reigned supreme from its $150-million listing price perch in Holmby Hills for more than two years and is expected to eclipse last year's record $50-million Bel-Air sale by a wide margin.

Actors Ryan Reynolds and Scarlett Johansson have sold the Los Feliz house they bought together in 2010. The 1969 Buff & Hensman-designed Wong House sold for $3.5 million. The restored post-and-beam house features walls of glass, a library, video security and solar and high-tech upgrades. There are two bedrooms, three bathrooms and 2,835 square feet of living space. The nearly half-acre site features a saltwater swimming pool. Reynolds, 35, and Johansson, 27, were divorced last year after three years of marriage.

CHICAGO - When the White House sent a last-minute invitation for Asif Ali Zardari to attend the two-day NATO summit, they were taking a highly public gamble. Would sharing the spotlight with President Obama and other global leaders induce the Pakistani president to allow vital supplies to reach alliance troops fighting in Afghanistan? But long before the summit ended Monday, the answer was clear: No deal. Zardari's refusal to reopen the supply routes left a diplomatic blot on a summit that NATO sought to cast as the beginning of the end of the conflict in Afghanistan.