We experienced and incredibly HOT August even though SFR’s dipped in sales, the MEDIAN went higher!
Category: Buying or Renting Info
California July 2015 Home Sales Report
A very strong July for the California housing market!
California Housing Affordability-Just a Dream?
Less and less California homeowners have considered selling. A clear sign they have become so risk-averse it could be months if not longer before housing inventories improve.
California June 2015 Home Sales Report
If you look at the May 2015 report and then this June report you will notice a big disparity on the May numbers. Either infographics got the info wrong on the June report, or the May. When July’s comes out we will see if the numbers get corrected. I think its safe to say, from multiple sources, that the MEDIAN PRICE of California homes is still in an upward trend. What do you think?
California May 2015 Home Sales Report
Home sales tapered off in May 2015 from the previous month but prices still moved higher…
US Home Ownership Plunges
U.S. HOMEOWNERSHIP RATE HITS 48-YEAR LOWSource: Wall St. Journal
http://blogs.wsj.com/economics/2015/07/28/u-s-homeownership-rate-hits-48-year-low/
The homeownership rate continued to decline in the second quarter of 2015, hitting a 48-year low. The country is experiencing its lowest homeownership rate since 1967. According to the Commerce Department, the seasonally adjusted homeownership rate declined to 63.5 percent, down from 64.7 percent in the second quarter of 2014. However, it should be noted that the decline in homeownership reflects a positive trend: The number of rental households is growing.
Fed Agrees Housing Sector is on the Upswing
This article from the Wall Street Journal confirms what many of us in California and Particularly Los Angeles have seen since 2014. Strong and ever climbing rents on top of an increase in price battles over home purchases is the economy we’re living in.
International Buyers and California Real Estate
I thought this was a great graphic of buying goals of international investors of US real estate.
Homes Sellers Find Eco Friendly Features Have Minimal Results on Sales
Unfortunately the increasing awareness of our society on environmentalism has done little to impact our decision making when purchasing a home…
10 Home Projects to Boost Value
Interesting take on projects that add value at the time of selling a home…I would add the addition of air conditioning as a BIG plus!
Buy or Rent My Homes 