This is an honest explanation of how the 2008 housing crises was able to happen from a home buyers perspective and challenges traditional thinking about buying houses as investments.2008 Housing Bubble
Renters in Los Angeles will find this one of the MOST IMPORTANT stories about our housing crisis written to date! The days of 3-4% rental increases are well behind us…why? AN UNSTOPPABLE GROWING DEMAND FOR HOUSING. I’m adding the link for all to read. When I explain to renters that increases of 7-10% are not uncommon their faces turn flush. Its the new, “New.” Here’s the link:
Is this another sign of a bubbling, overzealous California real estate market that is too strong to fail? Beachfront property prices like you’ve never seen before..
California moves up from last years ranking of 14th to 10th in this poll. Interesting opportunities here and out of state.
Sales and prices spiked in December, shaking off the market flattening in November. With housing prices continuing to climb higher, renters should expect increases across the board in most major markets; Los Angeles, San Francisco, Sacramento and San Diego.
Homes Sales fell in November while pricing was relatively unchanged. On the other hand, house rentals were strong, especially in the Antelope Valley. We rented almost ALL of our available inventory! My conversations with home buyers seemed to indicate home loans were taking longer to approve. What was your experience?
October didn’t cool down till Halloween in 2015. Tenants very uncomfortable with the heat found relief with the shorter days and the evenings more pleasant. The market cooled for its second straight month with the MEDIAN going DOWN in October.
September was another hot month – a LOT of house tenants DEMANDING AIR CONDITIONING! But, the housing market MEDIAN cooled and actually went DOWN in September for home buyers.
We experienced and incredibly HOT August even though SFR’s dipped in sales, the MEDIAN went higher!