The housing market in Los Angeles is experiencing a remarkable upswing in 2023, with all primary housing price indexes indicating strong appreciation. This surge is attributed to various factors, including constrained housing inventory and a recovery from the market bottom in November 2022. In this ... » Learn More about All Indices Show Appreciation – Los Angeles Housing Prices Surge in 2023
Market Updates
Expecting A Glut Of Foreclosures? Don’t Bet On It
In today's uncertain times, it's crucial to differentiate between speculation and reality when it comes to the housing market. Recently, one of my clients heard from a family member that they should wait for a flood of foreclosures to hit the market. However, let's take a closer look at the current ... » Learn More about Expecting A Glut Of Foreclosures? Don’t Bet On It
San Fernando Valley Housing Market Update – June 2023
If you've been holding out for the housing market to drop, the window of opportunity has closed. The market experienced a brief dip that hit its lowest point in November 2022. However, since then, we've witnessed a strong rebound, even with higher mortgage rates, making it a bit more challenging for ... » Learn More about San Fernando Valley Housing Market Update – June 2023
San Fernando Valley Real Estate Snapshot March 2023
The San Fernando Valley housing market reflects the following elements: Low inventory - primarily caused by property owners hesitant to sell a property with low mortgage rates, in a higher rate environment Quantity of sales higher - Seasonal increase, and mortgage rates stabilized Sales ... » Learn More about San Fernando Valley Real Estate Snapshot March 2023
Do You Really Want To Bet On Housing Prices Going Down?
Of course, housing costs are very regionally oriented but let's take a look at housing price percentages historically from 1942 to 2022. There is some discussion about waiting for prices to come down. People think that because prices have gone up in 2020 and 2021 by large amounts, there must be a ... » Learn More about Do You Really Want To Bet On Housing Prices Going Down?