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  • Buyers Hurry!--Housing Market doing a 180

    Homes are now more affordable then they have been in years.  As soon as I state this, the market could turn the other way. It may be many months before we see balance in the markets, but it is coming. Price reductions have increased dramatically in the past 2 weeks as Sellers look towards the Summer selling months. Homes are no longer as ...
    Posted to Real Estate Blog LA (Weblog) by 402414 on June 4, 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 said the number of renters in professionally managed  apartments ...
    Posted to Real Estate Blog LA (Weblog) by 402414 on March 14, 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, Buyers are waiting, but should they? With interest rates low, supply up, and ...
    Posted to Real Estate Blog LA (Weblog) by 402414 on February 13, 2008