April 9, 2014
Most are in the San Gabriel Valley or on the Westside
In some corners of the Southland, it’s as if the housing crash never happened.
Home prices in a dozen Southern California ZIP Codes have passed their peaks during the housing bubble, according to research firm DataQuick. Most are either in the San Gabriel Valley, a magnet for buyers from Asia, or on the Westside, where the technology industry is booming.
Across the region, home prices remain far below their peaks despite an […]
Each year, it seems the housing market takes on a different tone – and whether it’s going to be a sellers’ market with inflated prices and bidding wars, or a buyers’ market with tons of choices and low prices – there’s no denying that the 2014 spring housing season is upon us. So what does it have in store? Well, if you’re thinking of listing your home, that’s an important question.
Here are 5 market insights that will give you a […]
March 12, 2014
Based on Seattle PI report
We talk with home buyers and sellers every day. Most are in the initial stages of deciding if the market is right for them. They’re searching on Google for real estate sites with local home listings and prices. The first search results they receive are often big, national websites that aggregate listings and look great.
These usually include sites like Zillow and Trulia. While consumers gravitate to these sites because of the high-end user experience, very few […]
Every buyer-to-be uses open houses differently. For some, they offer a rich look at the very beginning of their house hunt. This empowers you to learn exactly what sort of place you can get for the money, at various price points and various spots around town. It also allows brand new buyers to figure out how the photos you see online translate to the real properties.
At the other end of the spectrum, serious buyers often use Open Houses as a […]
Number of Homes Sold in 4th Quarter of 2013 vs 4th Quarter of 2012
January 15, 2014
Why did most Californians purchase their home in 2013? Here are the top 5 reasons.
Wall Street Journal
Real Time Economics
By Ben Leubsdorf
The single-family home isn’t obsolete, yet. But the aging of the baby boomers could reshape the U.S. housing market and economy in the coming years.
As the boomers get older, many will move out of the houses where they raised families and move into cozier apartments, condominiums and townhouses (known as multifamily units in industry argot). A normal transition for individuals, but a huge shift in the country’s housing demand.
Based on demographic trends, the country […]
What are the top improvements you can make to your home to give you the greatest Return-on-Investment? Take a look at the top 4 improvements you should make.
January 14, 2014
The prospect of higher rates is fueling a seller’s market
Patience seems to have paid off for those who’ve postponed putting their homes on the market until this year, real estate analysts say. They stand to pocket the kind of profits not seen since the housing boom.
Prices surged more than 18% in Los Angeles last year, bidding wars are once again common, and homes are routinely going for well over the asking price. These trends make it seem like a return […]
January 9, 2014
How New Mortgage Rules May Make Borrowing More Difficult for Some
The world of mortgage lending has changed significantly since the housing bubble burst. Mortgage lenders have returned to traditional loan standards that require extensive documentation of income and assets for a loan approval.
Government regulatory agencies also continue to react to the housing crisis, with more adjustments to mortgage requirements set to go into effect January 10, 2014:
Qualified Mortgage Rules
Whether you’re thinking of buying a home or mulling over refinancing your […]