While California single-family real estate continues to increase as a whole, property values in Los Angeles County also reflect strong increases. The county’s property values increased 6.13 percent in 2015, the largest increase since 2010. The median price of a…
People are motivated to buy a home for a myriad of reasons, reasons which differ between first-time homebuyers and repeat buyers. The following is a graph based on a recent survey of homebuyers, conducted by the California Association of Realtors,…
While Germany and Greece throw angry press releases at each other over the fate of the Euro, there is a noticeable return to normalcy in the California real estate market. Distressed sales are at a record low and, according to…
The hits just keep on coming. Pending home sales in California notched their sixth straight month of annual gains with the last four months registering double-digit gains. In May, pending home sales in the state were up a strong 12.1%…
Pending homes sales in the state notched their 5th straight annual gain (up from the previous year). The last three months have actually witnessed double-digit increases over 2014. While the Southern California pending sales stat was down 10% from March,…
This is a quick note of positive news for you investors out there. Rents are continuing to rise; in fact, they are rising faster than home prices. This is not only true across the country but here in the land…
California real estate investors are shifting their investment focus in 2015. Findings of a survey of real estate investor transactions by the California Association of Realtors include: • More investors (65 percent) rented their properties, rather than flipped them (26…
As some of you know, I have been very busy helping clients buy property east of the 110 (i.e., Boyle Heights, Lincoln Heights, etc.). If you didn’t know, I vigorously avoided this part of town up until about nine months…
The word gentrification has expanded into the public consciousness dramatically over the last decade or so. Certainly, for those interested or active in the world of real estate, it has become a subject of intense interest. While many…
California real estate has continued its strong upward momentum. The number of closed escrows for single-family detached homes increased 6.3% over February and an eye-popping 7.3% over sales for March of 2014 according to a study by the California Association…