A new piece of bipartisan legislation, H.R. 4893, the Risk Management and Homeowner Stability Act has been introduced. Congressman Mark Sanford (R-SC), joined by Congressmen Brad Sherman (D-CA) and Randy Neugebauer (R-TX), is seeking to amend the Budget Control Act of 1974. H.R. 4893 ensures that ... » Learn More about Success – Bill to Prohibit a Homebuyer’s Tax Introduced to Congress
Latest Case Shiller Index Showing Strong Price Gains in Los Angeles
The S&P Case Shiller Housing Index is a lagging index, but is more accurate than most of the other indexes. The 20-City Composite Home Price Index rose 5.4 percent in February. The Los Angeles index reflects a 0.7% monthly change and a 6.8% year over year increase. The monthly housing price ... » Learn More about Latest Case Shiller Index Showing Strong Price Gains in Los Angeles
California Real Estate March Sales and Pricing
California home sales rose from both the previous month and year to the highest sales pace in six months, while tight inventory levels push home prices higher. If you are in the Los Angeles region, have any questions or real estate sales or financing needs, feel free in contacting: Ron ... » Learn More about California Real Estate March Sales and Pricing
California Market at a Glance
The California real estate market continues to stay solid. The quantity of residential sales are up year over year, but it would be no surprise for the sales to drop, as the available inventory levels have dropped. The byproduct of tight supply and strong demand is upward pressure on pricees. If ... » Learn More about California Market at a Glance
San Fernando Valley Residential Inventory Low Increasing Prices
The San Fernando Valley residential inventory is low, and substantially below the last few years. Properly priced properties are realizing multiple offers, and driving sales prices up. If you are in the Los Angeles region, have any questions or real estate sales or financing needs, feel free in ... » Learn More about San Fernando Valley Residential Inventory Low Increasing Prices