West Coast Dominates Best Real Estate Markets for 2014 MoneyJournal.com, the financial news website that annually issues forecasts for the best markets in America, recently released its best real estate markets for 2014 forecast for the New Year. According to the forecast, “Rising mortgage rates, technology and changes in...
Archive for Category: Real Estate Market
The Current Trend of Renting In Los Angeles Renting in Los Angeles seems to be the current trend. According to recent reports, Los Angeles has the highest percentage of renters out of any major city in the United States. An article on la.curbed.com states that a recent report from...
2013 Westside Los Angeles Real Estate Market Looking to buy or sell your home in the Westside of Los Angeles area? Below shows what has been happening in the Brentwood, Pacific Palisades, Santa Monica, and West Los Angeles neighborhoods over the past year. You will find that the Westside...
In September Southern California Home Sale Prices Decreased According to a recent report on DQNews.com, Southern California home sale prices in September decreased more than August, but still remain above a year earlier as “sales gains for mid- to high-priced properties compensated for declines in sub-$300,000 activity.” The articles...
Prices Stay Flat In Southern California Housing Market According to a recent article in the Los Angeles Times, the median home prices have stayed flat for the third straight month in Southern California housing market, at $382,000. “The September data confirmed expert predictions that waning demand would throw a...
Government Shutdown 2013 Could Effect Your Dream Home You might be thinking that now is the perfect time to buy your dream home. According to a recent article in the Los Angeles Times, mortgage rates are at an all-time low since June. “Mortgage rates have tumbled for the third...
LA Home Mortgage Rates Still Reasonable According to DataQuick (DQNews.com) – a company that monitors real estate activity nationwide and provides information to consumers, educational institutions, public agencies, lending institutions, title companies and industry analysts, California mortgage rates continue to rise, but are not at their peak yet. “The...
California Housing Sales: The Demand Is Still High According to a recent report by DQNews.com, California housing sales are up still up from last year. “An estimated 42,546 new and resale houses and condos sold statewide last month. That was down 1.9 percent from a revised 43,381 in July,...
Is the Housing Market Cooling Down? According to a recent article in the Los Angeles Times, the housing market is cooling ever so slightly. Data shows that home prices aren’t rising as quickly as they did earlier this year and bidding wars are decreasing as more and more homes...
A Glimpse into the Santa Monica Real Estate Market Home prices in Santa Monica real estate market have been on the rise in the past year. According to recent reports, the median price of sold homes has increased, indicating improvements in the housing market. A post on santamonicapropertyblog.com states,...
Los Angeles County Real Estate Sales Soar in July An increase in the amount of homes for sale in Southern California helped Los Angeles County Real Estate sales to reach an eight-year high for the month of July. According to an article in the Los Angeles Times and a...
Mortgage Interest Rates Rise By A Full % Residential mortgage rates increased by a full percentage point last month, bringing rates to the mid-4% range. According to an article in the Los Angeles Times, “The average rate for a 30-year fixed-rate home loan hit 4.63% on Monday, according to...