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Need to Know Real Estate News …

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Irvine Co. the Irvine Co. plans to develop Spectrum Terrace – nine four-story buildings totaling more than 1 million square feet of office space plus 30,000 square feet of amenities. Three entrances to the office complex will be provided off Laguna Canyon Road 0 COMMENTS By  MARTIN A. BROWER  |  mandtbrower@cox.net  | Orange County Register PUBLISHED:  March 5, 2018 at 6:51 pm  | UPDATED:  March 5, 2018 at 7:08 pm Spectrum Terrace in the Works the Irvine Co. plans to develop Spectrum Terrace – nine four-story buildings totaling more than 1 million square feet of office space plus 30,000 square feet of amenities. Three entrances to the office complex will be provided off Laguna Canyon Road The strong demand for office space in the  Irvine Spectrum  – the  Irvine Co.’s  office, entertainment, hotel and apartment complex at the confluence of the 405 and 5 freeways in Irvine – will be accommodated by a planned complex of nine office buildings adjacent to the Spectrum on th
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Los Angeles, Orange counties No. 1 in U.S. home-price gains by this index

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FILE PHOTO 7 COMMENTS By  JONATHAN LANSNER  |  jlansner@scng.com  | Orange County Register PUBLISHED:  March 3, 2018 at 6:00 am  | UPDATED:  March 3, 2018 at 10:13 am Want another reason for the high cost of local living? By one widely-watched home-price benchmark, the strongest appreciation nationwide this century was in Los Angeles and Orange counties. The S&P/Case-Shiller indexes are curious real estate yardsticks, invented by and named for two pioneering professors in housing economics. This benchmark is narrow in scope as it follows housing in just 20 large U.S. markets. Think of it as housing’s equivalent to the Dow Jones industrial index, the venerable Wall Street tracker of 30 publicly traded and well-known companies. When I tossed S&P/Case-Shiller data into my trusty spreadsheet I learned prices in L.A.-O.C. have surged to a nation’s best 171 percent since January 2000. (Ahem, that includes the housing bubble bursting!) And these 21st-century gains e
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Five things a Californian should know about rent control

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One way or another, two words are likely to dominate the complicated politics of California’s housing crisis in 2018: rent control. Photo: ThinkStock 8 COMMENTS By  CALMATTERS  | January 4, 2018 at 12:50 pm One way or another, two words are likely to dominate the complicated politics of California’s housing crisis in 2018: rent control. Next week state lawmakers will hear a proposal from Assemblyman Richard Bloom, Democrat from Santa Monica, that would allow cities to dramatically restrict what landlords can charge tenants year-over-year. The bill couldn’t even get a hearing last year amid intense opposition from landlords. But looming over legislators’ heads this time around is a potential ballot initiative supported by tenants’ rights groups that would do much of the same. If the bill stalls, experts say there’s a good chance you’ll see rent control on your November ballot. What should your average Californian know about a rent control debate poised to gobble up so
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