Southern California renters have an corner over home buyers

With a demoniac housing marketplace shutting out would-be buyers all over Southern California, promulgation that check to a landlord is looking smarter any day. The let marketplace provides a sheer contrariety to a impassioned housing recovery. In Los Angeles County, apartment rents have risen usually slowly, with an expanding supply of rentals holding down prices. […]

Existing home sales adult 6.5% as housing recovers

Existing home sales rose 6.5% in July, reaching their top turn in scarcely 4 years, a National Association of Realtors pronounced Wednesday. Homes sole during a 5.39 million seasonally practiced annual rate, a organisation said, handily violence economists’ forecasts of a 5.15 million sales pace. The sales rate was adult 17% from a same month […]

July existing-home sales strech four-year high

“The distance of a boost was a surprise,” given a series of people requesting for mortgages has forsaken neatly given rates began to arise in early June, pronounced Patrick Newport, an economist during IHS Global Insight. Sales are expected to “plunge” in Aug to equivalent July’s surge, he said. Mortgage rates have been rising usually […]

Southern California home marketplace cools; prices sojourn flat

The region’s median home cost in Jul remained prosaic from a month earlier, during $385,000, genuine estate organisation DataQuick pronounced Wednesday. The total followed a record-setting June, when a median cost rose 4.6% over a prior month and 28% year-over-year, a top commission given DataQuick started tracking a statistic in 1989. The cooling off came […]

SoCal home prices adult 21%; Feb sales volume hits 6-year high

Southland housing market

By Andrew Khouri March 13, 2013, 11:21 a.m. Southern California once again saw clever home cost increases final month as a commission of absentee buyers strike a record high and money buyers remained a widespread force. The six-county Southland saw a median home cost arise scarcely 21% over a year, while remaining radically prosaic compared […]

Home of a Week: Industrial vibe in Hollywood Hills West

The loft-like entrance to this bank contemporary overlooks an interior waterfall. A catwalk corridor and a turn staircase lend an industrial vibe to a Hollywood Hills West house. Location: 7270 Mulholland Drive, Los Angeles 90068 Asking price: $1.85 million Also Sun, sophistication and immaculate steel How most could Gary Winnick’s Bel-Air prize home command? Popularity […]