CALIFORNIA | LOCAL
May 3, 2013 |
The Springs fire made a harrowing about-face Friday afternoon after a shift in winds sent the blaze roaring inland, placing some homes that had escaped the first wave of flames again in the fire's path. Officials said flames crept within 100 feet of homes in Hidden Valley as the fire -- last measured at 10,000 acres -- continued to scorch the rugged terrain between Pacific Coast Highway and the 101 Freeway. More than 1,000 firefighters were battling the blaze, with helicopters and fixed-wing aircraft flying through thick smoke to drop water and flame retardant.
March 25, 2013 |
What luxury buyers want and what they need may not go hand-in-hand, according to the closing panel at Westweek 2013 last week at the Pacific Design Center in West Hollywood. Looking at the question from the home-buying perspective on the closing panel at the design industry event were real estate agent Mauricio Umansky of the Agency in Beverly Hills and Malibu architect Douglas Burdge. Among the wants are view properties. Umansky said he even has one home listing where the garage has an “amazing city view.” Basements also are a draw among the wealthy.
December 20, 2012 |
From now on, when American Airlines executives visit London, they are going to have to check into a hotel, like most of us. That's because the airline, whose parent company filed for bankruptcy last year, notified the bankruptcy judge that it is selling a 5,242-square-foot house it owns in the Kensington district of London. After marketing the town house for four months, American Airlines has agreed to sell the property for $23 million to CG Property Nominees Limited, according to court records.
December 8, 2012 |
Two suspected robbers believed to be targeting an alleged home-based marijuana growing operation were killed in a shootout on the first day of legal marijuana in Washington state, authorities said. The 35-year-old homeowner told detectives he shot the masked intruders Thursday after they broke into his home near Puyallup, Pierce County Sheriff spokesman Ed Troyer said, according Komonews.com . Troyer told the news outlet that the masked men most likely sought to grab the pot and maybe cash.
November 23, 2012 |
Fed up with severe water damage to her home and embroiled in litigation with contractors and real estate agents, superstar singer Rihanna put her Beverly Crest mansion up for sale last year for $4.5 million. That was roughly half what she paid for it. A local buyer pounced. He repaired the structure, gave the pool a face-lift and re-landscaped the property. A few months ago the 8,500-square-foot contemporary-style home was back on the market with a new price tag: $9.95 million. Home flipping is back - and it's going upscale.
June 19, 2012 |
Underscoring the housing market's recent recovery, Toll Brothers said it will begin work on a master-planned community in Orange County this year. The luxury home developer will partner with builder Shea to construct more than 2,000 new homes in a new housing development called Baker Ranch in Lake Forest, according to a news release. The development will be a mix of single-family homes and rental apartments. The development spans 40 acres of open space and will include a central park, walkways and bike paths.