The Case-Shiller Home Price Index is a lagging index (by two months), but is an accurate indication of home price movement. The S&P CoreLogic Case-Shiller Los Angeles Home Price NSA Index measures the average change in value of residential real estate in Los Angeles given a constant level of ... » Learn More about Latest Los Angeles Case-Shiller Home Price Index
housing affordability
Building Guest Houses in Los Angeles to Help Ease Housing Shortage
Guest House, Granny Flat, Accessory Dwelling Unit... whatever you want to call it, I've been an advocate for decades for allowing property owners in Los Angeles to easily build additional units on their property to help take pressure off the local housing shortage. Sacramento got the clue recently ... » Learn More about Building Guest Houses in Los Angeles to Help Ease Housing Shortage
California Real Estate Market at a Glance
The California real estate market is staying solid. Primary issue remains inventory of available property for sale. Mortgage rates are marginally higher than last month, but are still at the low end of historical levels. If you are in the Los Angeles area, have any questions or real estate sales ... » Learn More about California Real Estate Market at a Glance
Trump Already at Work – Suspends FHA Mortgage Insurance Premium Reduction
[cherry_row] [cherry_col size_md="12"] HUD announced 1 hour after President Trump was sworn in that the recent reduction of the FHA Mortgage Insurance Premiums(MIP) has been suspended. This falls in line with what I indicated could happen in my blog FHA Drops Mortgage Insurance Rates – But ... » Learn More about Trump Already at Work – Suspends FHA Mortgage Insurance Premium Reduction
FHA Drops Mortgage Insurance Rates – But Will It Stick?
FHA took a bold step into 2017, announcing that they will reduce the annual mortgage insurance premiums most borrowers will pay by a quarter of a percent. What was really bold is they decided to do it a month after HUD Secretary Julian Castro indicated that even though the FHA reserves were at 2.3%, ... » Learn More about FHA Drops Mortgage Insurance Rates – But Will It Stick?