Los Angeles Real Estate Market Trends Real Estate Highlights At $500,000, Los Angeles homes have the ninth-highest median sale price of all counties in California. With a 1-year price forecast of 6.40%, home values in Los Angeles are expected to have one of the lowest appreciation rates compared to...
The Million Dollar Market is Gleaming in the Golden State The sales of million dollar homes in California are on a historic rise. Due to a nine percent sale increase in the second quarter of last year, 12,826 properties were scooped off of the market, launching million dollar sales...
Debt & Toughened Mortgage Rate Standards Lead To Young Adults Needing Help To Buy First Home A recent article in the Los Angeles Times, reported that it’s getting increasingly harder for home buyers in their 20s and 30s to purchase their first property and many may need help to buy first...
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...