Tis the season, and unsold inventory remains low, so the property values continue to trend higher. The spring season brings out the buyers. The quantity of housing sales are up 6.9% year over year compared to 2016, but there would be more sales if the inventory level was more in balance with the ... » Learn More about California Real Estate Market at a Glance
Los Angeles Real Estate market
Los Angeles Real Estate Appreciation, Inventory and Affordability Index
It's all about supply and demand. The quantity of available inventory is still at historic lows. Expect good appreciation throughout 2017. The main takeaway from these statistics is the long term Los Angeles regional appreciation of over 5 1/2% on average for the past 42 years. Rents have recently ... » Learn More about Los Angeles Real Estate Appreciation, Inventory and Affordability Index
Latest Los Angeles Case-Shiller Home Price Index
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
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