If you are in the Los Angeles area, have any questions or real estate sales or financing needs, feel free in contacting me. Ron Henderson GRI, RECS, CIAS President/Broker Multi Real Estate Services, Inc. Gov’t Affairs Chair – California Association of Mortgage Professionals BRE #00905793 NMLS ... » Learn More about The Latest Case-Shiller Los Angeles Home Price Index (interactive chart)
Market Updates
Homebuyers Who Wait to Buy, Pay a Steep Cost
Below is a release from the Southland Regional Association of Realtors in the San Fernando Valley properly illustrating the cost of delaying purchasing a residential property. The most recent iteration of a local guide illustrates perfectly why waiting to buy a home can be a bad idea: a ... » Learn More about Homebuyers Who Wait to Buy, Pay a Steep Cost
Los Angeles Housing Affordability for Renters
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
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!