California April 2016 Home Sales Report

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Take a look!  Home pricing is getting MORE expensive!  The median price of a home has now reached over $500K statewide!  What is driving the growth in pricing?  Take a closer look!  Sales of single family homes DECREASED from last year and the previous year!  From my conversations more homeowners are staying put, making housing more scarce and driving prices of existing homes higher.  Many homeowners are taking advantage of lower property taxes by holding onto what real estate they have instead up trading up or down.  Questions?  Email me for more assistance on how to buy or sell a home in this market!

California March 2016 Home Sales Report

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California February 2016 Homes Sales Report

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California January 2016 Home Sales Report

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2008 Housing Bubble Explained

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

Los Angeles: 7% Annual Rental Increases!

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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:

http://www.myvoicenation.com/promotions/viewEmailByDistLstDelivId/vmg-80161/1/#.Vv_5Lk0rnX4.twitterLA Weekly Rental Crisis

New Jersey Tops Foreclosure States

California moves up from last years ranking of 14th to 10th in this poll.  Interesting opportunities here and out of state.

10 States with the Biggest Foreclosure Problems

California December 2015 Home Sales Report

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.

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California November 2015 Home Sales Report

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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?