There was a article written in the Los Angeles Times recently "Affordable Housing Problem Lies, in Part, with Government", hits the nail on the head, and reiterates the same information I've been conveying for many years... The housing shortage, and accelerating cost is all about supply and demand, ... » Learn More about Los Angeles Housing Affordability Issue is a Government, Supply and Demand Problem
California Real Estate market
California Real Estate Market at a Glance
California's real estate market is still staying solid. Very moderate appreciation, inventory historically on the tighter side, and the affordability index becoming an issue. If you are in the Los Angeles area, have any questions or real estate sales or financing needs, feel free in contacting ... » Learn More about California Real Estate Market at a Glance
No Rate Hike… How Confused is the Fed? Very
The Federal Reserve didn't implement a rate change last week because "international economic weakness, and inflation coming in below target". That doesn't mean there was a consensus among the Fed membership. In fact there is a broad disparity between the members on when the rates will change, and by ... » Learn More about No Rate Hike… How Confused is the Fed? Very
California Real Estate Market at a Glance
The California real estate market is on solid footing. Pricing has appreciated a little over 5% year over year. The appreciation is driven by strong sales and low inventory. The affordability index has been dropping because of the higher property values. The interest rates have stayed steady around ... » Learn More about California Real Estate Market at a Glance
California Housing Affordability by County
As California property values continue to appreciate, the affordability level drops. Just wait until the interest rates go up... This is only one element of the housing affordability issues many regions in California are realizing. It's a matter of supply and demand. There aren't enough new units ... » Learn More about California Housing Affordability by County