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08 February 2009
Home Prices to Bottom in 2009..New Report!
House prices in much of the U.S. will bottom out in this year's fourth quarter, Moody's Economy.com says in a new report. The report projects that peak-to-trough declines for metro areas will be 53% in Los Angeles. In some of the hardest hit markets, Read More...
14 March 2008
Apartment Buildings - Multi-Family Units - Good time to Buy - NOW!
The National Multi Housing Council projects the number of "households that rent" will increase by four million over the next 10 years, with half of them renting apartments in properties with five or more units. Looking back at 2007, the group Read More...
13 March 2008
Multi Family Bldgs. - Investors Buying in Los Angeles CA
*Updated March 11, 2008 Investors (Foreign and Domestic): There are some very real investment opportunities in the Los Angeles CA area involving Multi-Unit Residential properties. As a Buyer , if you are not ready to make a home purchase, you can still Read More...
13 February 2008
Transactions #'s Down...Jan '08 Data
Are Buyers and Sellers waiting out the market? They may be, as evidenced by the latest data regarding SoCal Home Sales Transactions which fell below 10,000 in the month of January. This is the first time this has happened in around 20 years. Clearly, Read More...
16 January 2008
94% Chance of Price Decline?
Riverside, CA just outside of Los Angeles, is on target to see continued Home Price declines for the next 2 years. The odds that this will come true are 94% based on a statistical model by PMI Mortgage Insurance Co. This same model applied to the Los Read More...