RSSCategory: Real Estate News

Three Big Myths About LA’s Real Estate Bubble

Three Big Myths About LA’s Real Estate Bubble

Article from Forbes Magazine As real estate investors, prospective homebuyers and brokers look back, 2017 could probably be called “The Year of Real Estate Records.” Dozens of major real estate markets saw rent and home prices continue to rise, sometimes even hitting all-time highs, while building on years of steady growth since the housing collapse […]

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Data Shows Prices in Los Angeles on the Rise

Data Shows Prices in Los Angeles on the Rise

Home prices have been climbing throughout 2015. On Tuesday, January 26, 2016, S&P Dow Jones Indices published the November report and the gains continue.  The second chart shows how the 20 cities have done since the S&P/Case-Shiller National Home Price Index bottomed in January 2012. Following is the S&P Case-Shiller data for Los Angeles from […]

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Los Angeles Home Prices Continue to Rise

Los Angeles Home Prices Continue to Rise

Data released by S&P Case-Shiller indices indicate that in the Los Angeles area, prices are still on the rise. Increases for Los Angeles are 2.58% which is somewhat higher than the 20-city or 10-city national composite of 2.45% and 2.48%, respectively. Interestingly enough, there are two opposing pressures on the housing market: The rise in […]

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Mortgage rates ease after run-up

Mortgage rates ease after run-up

According to an article today (7/3/2013) in the Los Angeles Times: Fixed mortgage rates fell early this week following last week’s dramatic surge, with lenders offering 30-year home loans to solid borrowers at an average of 4.29%, according to Freddie Mac. The average rate had spiked to 4.46% a week earlier on fears that the […]

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DataQuick Shows Home Value Increases

DataQuick Shows Home Value Increases

According to data from DataQuick News for the Fourth Quarter of 2012, prices in the local areas are higher than in Q4 of 2011 by varying margins.  Reported o February 26, 2013   90004 [Click image for larger Map] Home values increased by 85.8% for the 49 properties sold in Q4 Median Value: $1,050,000   90019 […]

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30-year fixed mortgage steady at average 3.53%

30-year fixed mortgage steady at average 3.53%

Average fixed mortgage rates unchanged from the previous week and remaining near their record lows as they continue to support housing demand, translating into an up-tick in home prices in most markets. News Facts Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the […]

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Sustained Housing Recovery Projected

Sustained Housing Recovery Projected

Case Shiller through October 2012 have been released. The statistics from Case Shiller for October 2012, released 12-2012 Click to view larger image They show another up-tick in the price index for home sales across the nation, including higher than average increases for the California cities in the study (Los Angeles, San Francisco and San […]

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Windsor Square

Windsor Square

In 1885 a group of men formed a syndicate called the Windsor Square Land Company  and bought 200 acres of land for a $400 an acre bounded today by Plymouth, Bronson, Wilshire and Beverly.  They held the land until 1911 when they sold it for $5000 an acre. The buyers, the Windsor Square Investment Company, […]

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Brookside

Brookside

Getting to Know Brookside Brookside, established in 1979, is a unique geographical area bounded on the north by Wilshire, on the south by Olympic, on the west by Highland, and, on the east by Muirfield. The name was chosen because of a natural stream, Rio del Jardin de las Flores, which flows year round from […]

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