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?
Los Angeles Real Estate market
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
Homeownership Rate in the Second Quarter of 2014
The homeownership rate fell to 64.8 percent in the second quarter. It marks the lowest ownership rate in nearly 20 years. After peaking at 69 percent in 2004, the ownership rate has been steadily falling, at first from the aftermath effects of housing market bubble-crash to the ongoing tight ... » Learn More about Homeownership Rate in the Second Quarter of 2014
California Housing Market at a Glance – Prices Dropped!
After several years of appreciating values, California's median home prices dropped slightly month over month. As I've been conveying for the past year, the market has been changing from a sellers market to one of neutrality. Existing Home Sales are up a slight 1.5% month over month, but down ... » Learn More about California Housing Market at a Glance – Prices Dropped!