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
Los Angeles Real Estate market
New Thousand Oaks Listing at $479,000
Virtual Tour- 3040 Mulberry CR # 52, Thousand Oaks 91360 Former model unit on 7840 Sq ft corner fenced lot with private setting for kids and entertaining. Guest parking near by. Upgraded kitchen includes Bosch gas stove/Farmers sink and "Cashmere" granite counters with huge island that opens to ... » Learn More about New Thousand Oaks Listing at $479,000
California Housing Prices Plateauing
California real estate values dropped a huge 59% from it's peak May of 2007 to it's bottom February 2009. Then the big money realized housing was priced below it's long term fundamental levels. The institutional and foreign investors came in hard, pushing aside the traditional domestic buyers, and ... » Learn More about California Housing Prices Plateauing
Homeownership Rate Drops While Renter Households Increase
According to the Housing Vacancy Survey conducted by the Bureau of the Census, U.S. housing demand grew by 541,000 households between Q3 2013 and Q3 2014, while the national homeownership rate declined 90 bps—from 65.3% to 64.4%. Over this period, total household growth and the decline in the ... » Learn More about Homeownership Rate Drops While Renter Households Increase
San Fernando Valley Home Numbers Stable
The San Fernando Valley residential real estate market over the past couple months has shown a very stable condition. If we reference the charts, the active inventory level has been flat over the past few months. This is after a major inventory increase over the past year and a half. The quantity of ... » Learn More about San Fernando Valley Home Numbers Stable