Wow, what a difference a month makes. The Coronavirus did more than spook financial markets as stocks tumbled nearly 4% overall in 3 short days, losing some 6 trillion in value. Ironically, this bodes well for interest rates, which were...
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The total number of homes sold for January, the last complete month available, is 2,136 which is a 20% increase over the volume of 2019. Last winter the spring selling season started with a pretty blank slate until mid-March last...
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It is hard to believe that housing prices will rise yet again in 2020, but that is exactly the prediction of Chapman’s Jim Doti and many other local economists. The culprit, if you wish to call it that, is once...
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Sales fell 9% across the Southland — Ventura to San Diego. However prices rose. Still good right? Maybe not. With the Fed marking the week with the first cut in years, they sent a definite signal that the economy appears...
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If you are shopping for a loan to buy or to refinance an existing mortgage, make sure you truly understand your loan product. Know not only how many years it is amortized for, but also when is the loan due....
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The Sunday June 9th headline in a local paper quoted “Reports On Housing” reports that inventory in the 4 county southland of Los Angeles, Orange County, San Bernardino and Riverside, rose substantially to 36,335 as of May 30th, up from...
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Sunday March 17th, Jonathan Lansner wrote, “Rents Still Rising in Los Angeles, Orange Counties”, according to the Consumer Price Index, try 5.9%. This is way above inflation, and renters…you’re paying more for rent than owners are getting in appreciation. That...
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Are you an optimist or pessimist or realist? How you view things may decide which headline you believe is the most telling of things to come for the SoCal real estate marketplace. CoreLogic released final figures for January and that...
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Could we be seeing the beginning of pricer decline across the southland?Don’t get too excited–the southland median price did rise 5.8% year over year from July 2017 to July 2018, but prices did dip from June’s median price rise the...
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Rent spikes are keeping pace with home appreciation, but this is not a good thing if you are a renter. The increase year over year from December 2016 to 2017 was 5%. Except, that’s not equity in your pocket, as...
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This the headline in a national paper, declaring that real estate already has made a huge leap back, creating jobs and momentum along the way. Part of the reason for
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