Single-family home sales in the state soared in July on a year-to-year basis. There were 449,530 home sales in July. That represented a 2.7% increase from June but a whopping 12.7 increase from July 2014. The continued growth was attributed…
As you have observed many times, I am constantly on the lookout for new and different ways to help you make money dealing in real estate. Well, I have come upon yet another way…”Sober Living.” That’s right, Sober Living. Alas,…
An interesting development has taken place with the focus of real estate investor purchases: there is a slow but steady orientation away from single-family to multi-family. To be sure, single-family purchases by investors remain the dominant category. But investor purchases…
There was a chill in the air and Jim was nursing a hot cup of coffee. But the chill was not enough to distract his eyesight, which happened to catch the glint of gold reflecting in the water. He bent…
You can hear the chant: “Four more years! Four more years!” Except the call is not for a politician to get reelected; it’s a prediction of how much longer the rising price of Los Angeles real estate will continue. The…
Good news for the east side of Hollywood and real estate investors and homebuyers in adjacent areas. In a major move into Hollywood, Gemdale Corp., one of China’s largest builders of residential communities, has announced plans to build a $125…
The weather may be hot, but so is the Southern California real estate market. This according to Andrew Khouri of the LA Times who reports that homes sales in Southern California just hit a 9-year high. In what continues to…
It’s not as if Chinese investment dollars have not been pouring into U.S. real estate: The Chinese are the top foreign buyers of U.S. homes, spending $22 billion on residential real estate from April 2013 to March 2014, according to…
We write to you each week to update you on the latest real estate information, trends and statistics in Los Angeles County and the State of California. We thought we would give you a break from trends and stats this…
The single-family real estate market in California continues its upward march, partly motivated by a concern that interest rates will be increasing. According to PropertyRadar, sales of California single-family homes increased strongly in June by 8.5% over May. More noteworthy…