Los Angeles Real Estate News
Los Angeles
From Air Rights to Digital Rights: A New Asset Class Emerges
In a digital plot twist set to redefine real estate ownership, Boston Properties (BXP) has completed a groundbreaking $132 million sale of its 140 Kendrick Street office campus in Needham, Massachusetts.
Americans Are Staying Put Longer: Homeownership Grows to 12 Years
According to new data from Redfin, the median U.S. homeowner now stays in the same house for 12 years, the longest stretch since 2022. That represents a modest rebound from 11.8 years in 2024, as elevated mortgage rates and persistently high home prices continue to suppress turnover.
U.S. Luxury Home Prices Outpaced the Broader Market in 2025
The median sale price of a luxury home in the United States climbed 4.6% from a year earlier to $1.31 million in December, significantly outpacing gains in the broader housing market, where non-luxury prices rose just 1.4% to $375,000 -- the slowest rate of appreciation recorded since tracking began in 2013.
California Housing Market Poised for Balanced Growth in 2026
California's housing market closed out 2025 with modest gains in sales, signaling resilience amid cooling prices and shifting mortgage dynamics. For the fourth consecutive month, home sales rose from both the previous month and year, with annual activity finishing just shy of 1% above 2024 levels.
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