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
Los Angeles Real Estate market
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
Do You Want a Crystal Ball That Will Predict the Future of Real Estate?
Don't wait for the news to give you obsolete information. Ron Henderson President Broker of Multi Real Estate Services, Inc will be conducting a presentation on how to use past and present indexes, charts, housing data, and technical analysis to determine the future direction of interest rates and ... » Learn More about Do You Want a Crystal Ball That Will Predict the Future of Real Estate?
Case-Shiller Index Confirms Los Angeles Housing Price Slowdown
The Case-Shiller Index is confirming property value appreciation has slowed substantially in Los Angeles from it's heated market over the past few years. The foreign investors and hedge funds driving the market higher has generally pulled back from their buying mode, leaving the buying up to the ... » Learn More about Case-Shiller Index Confirms Los Angeles Housing Price Slowdown
Real Estate Market at a Glance
The real estate market in California continues its transition from a seller's market to one of neutrality. The unsold inventory has increased month over month by 5.3% and 33.3% year over year. The time on the market has has also increased over 33% year over year to 39 months. Even though interest ... » Learn More about Real Estate Market at a Glance