[On the market, this 1922 Mediterranean home in Los Feliz is being offered for $2.585 million]
This Week's Top Stories: It's bad news if you don't have the money to outbid others and land the house of your dreams because LA's housing market has gone bonkers again with supply low and prices high. But if you do have mad money spilling from your pockets, may we suggest this lovely Greene & Greene designed Craftsman home in Pasadena now offered at $2.975 million. The Friends of Griffith Park are planning to restore the park's Fern Dell garden, that unfortunately has crumbled under neglect. Unbelievably, this week most of LA's digital billboards were turned off following a court order, now the city is full of big black graffiti magnets. The Coachella music festival (now playing its second weekend) featured art pieces and a mid-century modern inspired house constructed specifically for the festival. The famed Grauman's, err, TCL's Chinese Theater in Hollywood is getting some fancy improvements, including the largest IMAX screen in the world. A 99-year old palm tree in Exposition Park will outlive us all and it keeps moving around the city, and we're not sure but it may be the best palm tree ever.