As reflected in the HARI, Housing Affordability Renters Index, the Los Angeles region is the least affordable in the nation at 18%. The home ownership rate is also the lowest at 47.7%, which translates to Los Angeles having a higher percentage of renters than owners. Compare that to the Phoenix area ... » Learn More about Los Angeles Housing Affordability for Renters
Market Updates
Case Shiller Shows Los Angeles Housing Up 7.1% YOY, Where Will It Be Next Year!
The Case Shiller index shows the housing values in Los Angeles had a monthly increase of .6%, and a year over year increase of 7.1%. Historically, over the past 42 years property values in the Los Angeles region appreciated 4.99% annually, including the massive drop during the 2008 housing/economic ... » Learn More about Case Shiller Shows Los Angeles Housing Up 7.1% YOY, Where Will It Be Next Year!
Due to Tight Inventory, California’s Housing Market is Still Hot
Case-Shiller Home Price Index Shows Los Angeles Prices End Year 7.5% Higher Than 2016
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6.3% annual gain in December, up from 6.1% in the previous month. The 10-City Composite annual increase came in at 6.0%, no change from the previous month. The 20-City Composite ... » Learn More about Case-Shiller Home Price Index Shows Los Angeles Prices End Year 7.5% Higher Than 2016
7 Factors to Watch For That Will Affect the San Fernando Valley (Los Angeles) Housing Market in 2018
How are elements in 2018 going to treat the San Fernando Valley (Los Angeles) housing market? Real estate housing markets are local. Many factors affect housing prices more in one area/neighborhood than another. One constant is the economic reality of supply and demand, regardless of the product. ... » Learn More about 7 Factors to Watch For That Will Affect the San Fernando Valley (Los Angeles) Housing Market in 2018