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An increasingly favorable ratio of family income to house prices and the cost of financing has enabled housing affordability to reach an able-to-buy peak for this decade.
A couple whose ocean-view property in Palos Verdes Estates was undermined by escaping water from a faulty city storm drain will receive nearly $1.7 million under terms of a settlement reached this week.
The city has assumed liability for the destruction of a former mayor's home by a series of landslides this month in the Riviera section, but officials are waiting for the completion of geological tests before accepting liability for damage to another home.
The fate of a resident's proposal to fill canyons in an effort to stop the Flying Triangle landslide remains an open question after a second technical report--this one by the Los Angeles County Department of Public Works--concluded that the project, while promising, would be more costly and complex than envisioned.
'Our money is all tied up in . . . a house nobody in their right mind would buy.'
Gulls' pitcher Tom Wasilewski earned his first save of the season Saturday night, and no one can say it came cheaply.
Against Moorpark College, Eldridge Hodge and David Djolakian brought in the Western State Conference's new year with a bang--and several swishes.
A $1.5-million settlement between the city and owners of property damaged or threatened by the Flying Triangle landslide was formally approved last week by Torrance Superior Court Judge George R.
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