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
California Real Estate market
North Hollywood Fixer – Tremendous potential!
Bring your hammer and paint brush to add value to this 3 bedroom 2 bath pool home situated in one of North Hollywood's most sought after neighborhoods. Remodeled homes in the neighborhood are selling for much more. The large corner lot features low maintenance landscape. There’s value in the areas ... » Learn More about North Hollywood Fixer – Tremendous potential!
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
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