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Los Angeles Housing Affordability

Los Angeles Real Estate Report Card January 2021

Los Angeles Real Estate Report Card November 24 2020

Property values continue to appreciate with an imbalance between the quantity of available inventory and the motivated buyer base. This report card reflects a substantially lower year over year inventory, an inadequate amount of housing construction to keep up with the number of new housing ... » Learn More about Los Angeles Real Estate Report Card January 2021

Filed Under: Market Updates Tagged With: Los Angeles Housing Affordability, Los Angeles Real Estate market

Los Angeles Planning Dept Playing Catchup For Needed Housing

LA Population Growth 100520

The California State Housing Element Law was established in 1969. It requires jurisdictions to do their “fair share” around planning for adequate affordable housing (RHNA). It requires a review of the General Plan and must be updated every 8 years. It recognizes that housing is a critical need and ... » Learn More about Los Angeles Planning Dept Playing Catchup For Needed Housing

Filed Under: Market Updates, Regulations and Laws Tagged With: Los Angeles Housing Affordability, Los Angeles Housing Planning, Los Angeles Real Estate market

A Home “Buy vs Rent” Analysis

This buy vs rent breakdown example offers a good graphical representation of why it’s advantageous to buy a home rather than rent. Historically, aside from a few isolated timeframes when property values declined or were flat, property appreciation has been a constant. The homeownership acts as both ... » Learn More about A Home “Buy vs Rent” Analysis

Filed Under: Market Updates Tagged With: Home buy vs rent, Los Angeles Housing Affordability

Los Angeles Housing Affordability Issue is a Government, Supply and Demand Problem

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

Filed Under: Uncategorized Tagged With: California Real Estate market, Los Angeles Housing Affordability, Los Angeles Real Estate market, san fernando valley homes

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