Metro Crenshaw/LAX Line

Metro Crenshaw/LAX Line

Metro Crenshaw/LAX Line In a continuing bid to make public transportation a more viable option in Los Angeles, Metro is currently working on an expansion of its light-rail line to provide access to LAX.  The new line, known as the Metro Crenshaw/LAX Line, presents the exciting prospect of making light rail transportation an option for…

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Case Study Houses – LA’s Historic Architectural Experiment

Case Study Houses – LA’s Historic Architectural Experiment

Case Study Houses – LA’s Historic Architectural Experiment In 1945, the publication Arts and Architecture announced its intent to build “Case Study Houses”.  The goal of the program was to create experimental, model homes that could be easily and inexpensively duplicated, in order to address the post-World War II housing boom.  The program was never…

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2018 Real Estate Predictions

2018 Real Estate Predictions

2018 Real Estate Predictions The year 2018 promises to be an interest year in the real estate market.  With a new tax plan in place that significantly alters home affordability, there can be little doubt that the revised tax code will have some impact on the housing market.  Whether that impact will significantly slow growth…

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Garage Conversion Restrictions Eased In California

Garage Conversion Restrictions Eased In California

Garage Conversion Restrictions Eased In California This year has seen a substantial increase in garage conversion units, also known as “granny flats” or “Accessory Dwelling Units“, due to California’s new Senate Bill 1069.  The bill, enacted in 2017, was designed to increase housing supply by easing restrictions on garage conversion units.  The bill also presents…

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Proposition 13 Amendment Could Increase Housing Affordability

Proposition 13 Amendment Could Increase Housing Affordability

Proposition 13 Amendment Could Increase Housing Affordability Property tax is one of the biggest deterrents to current homeowners purchasing new homes.  Under Proposition 13, a homeowner’s property tax basis is set by the purchase price, subject to limited annual increases, meaning that purchasing a new home results in a significantly increased property tax basis.  This,…

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