The housing market in Los Angeles is experiencing a remarkable upswing in 2023, with all primary housing price indexes indicating strong appreciation. This surge is attributed to various factors, including constrained housing inventory and a recovery from the market bottom in November 2022. In this ... » Learn More about All Indices Show Appreciation – Los Angeles Housing Prices Surge in 2023
Los Angeles Real Estate market
Do You Really Want To Bet On Housing Prices Going Down?
Of course, housing costs are very regionally oriented but let's take a look at housing price percentages historically from 1942 to 2022. There is some discussion about waiting for prices to come down. People think that because prices have gone up in 2020 and 2021 by large amounts, there must be a ... » Learn More about Do You Really Want To Bet On Housing Prices Going Down?
Update San Fernando Valley Home Prices 1959-2022
The end of 2022 saw the real estate residential home values in the San Fernando Valley (Los Angeles) reflect an aggregate average sales price of $840,000, 4% lower than the end of 2021. That doesn't give the full story of the year though. In May 2022 the price hit $950,000. The closing prices ... » Learn More about Update San Fernando Valley Home Prices 1959-2022
Los Angeles Housing Report Card January 2023
If you are in the Los Angeles area, and have any questions or real estate sales or financing needs, feel free in contacting me Ron Henderson GRI, SRES, SFR, RECS, CIASPresident/BrokerMulti Real Estate Services, Inc.Gov’t Affairs Chair – California Association of Mortgage Professionals ... » Learn More about Los Angeles Housing Report Card January 2023
The Unintended Consequences of Recent Rent Control Changes in Los Angeles
The Los Angeles City Council in late January 2023 just passed an expansion of the Rent Stabilization Ordinance. This modification is applicable only to the rental properties in LA City not LA County. LA County extended the County’s COVID-19 Tenant Protections Resolution (formerly the LA County ... » Learn More about The Unintended Consequences of Recent Rent Control Changes in Los Angeles