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
Mortgage Rates Are Up and at Major Reflection Point
The mortgage rates hit a recent bottom in early September, and have gone up substantially over the past few months. If we look at a chart of the 10 year note (direction most closely correlates with mortgage rates), you can visually see how the rates jumped from approx. 2.0% to Friday's 2.66% in only ... » Learn More about Mortgage Rates Are Up and at Major Reflection Point
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