Orange County Register real estate columnist Jon Lansner notes that the Los Angeles Times and The Wall Street Journal wrote differing reports about the Los Angeles real estate market on Tuesday’s papers.
The Journal wrote, “The only notable area of strength: high-end real estate. L.A.’s Westside, home to affluent neighborhoods such as Brentwood and Westwood, ‘tends to be more insulated because this is where people with money want to be,’ says Madison Offenhauser, regional director in Los Angeles for Keller Williams Realty. Median prices in Brentwood are up 16%. The Hollywood Hills, up 26% to a median price of more than $2.1 million. Rancho Palos Verdes and the Palos Verdes peninsula, up 17%.”
Read more here. Lansner’s readers believe the local paper got it right and The Journal missed the boat.
Aruna Viswanatha has been promoted to Washington enterprise editor. She will report to Damian Paletta.…
Bowdeya Tweh has been promoted to Chicago bureau chief at the Wall Street Journal, reporting…
Fierce Healthcare has promoted Heather Landi to executive editor. She has been a senior editor.…
Business news site Quartz has hired Audrey McNamara as breaking news editor. In her role,…
Mark Stenberg of Adweek looks at how publishers such as Bloomberg and Axios are generating…
Reuters has won the National Headiner Award for business news coverage for its stories about…