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
san fernando valley homes
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
San Fernando Valley Housing Inventory Up All Price Ranges
The San Fernando Valley (Los Angeles) single family housing inventory is up in all price ranges year over year. The $450,000 to $600,000 price range jumped from a historic low of 285 properties in July 2013 to 487 July 2014. That price range incorporates the median sales price of around $500,ooo. ... » Learn More about San Fernando Valley Housing Inventory Up All Price Ranges
Converting a 1031 Investment Property to Owner Occupied Avoiding Capital Gains
1031 Exchanges are great strategies to defer Capital Gains taxes while using the gains to expand a real estate portfolio. If you own investment real estate, or plan on owning investment real estate, you must understand this IRS code or you'll be cheating yourself. Lets take this scenario: What if a ... » Learn More about Converting a 1031 Investment Property to Owner Occupied Avoiding Capital Gains
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