recovery

Six Economists Forecast the 2016 Housing Market

Six Economists Forecast the 2016 Housing Market

As we ring in a New Year, Housing News Report asked six prominent economists to forecast what 2016 will bring for the U.S. housing market. For housing, 2015 was a strong year, with home sales high and home prices continuing to rise. Overall, the economists surveyed were cautiously optimistic about 2016 when it comes to […]

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Record rebound in home equity gives owners new options

Record rebound in home equity gives owners new options

By Kenneth R. Harney December 22, 2013, 5:00 a.m. WASHINGTON — The biggest story in American real estate in 2013 hasn’t gotten the attention it deserves, so let’s shout this out: Homeowners’ net equity holdings soared $2.2 trillion from the third quarter of 2012 to the third quarter of this year, according to new data collected […]

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Slow & Steady Gains For October’s Home Price Index

Slow & Steady Gains For October’s Home Price Index

Home prices barely continued their slow and steady upward gains in October, according to Corelogic’s Home Price Index Report. Including distressed sales, the national home price rose just 0.2% from September, though year-over-year growth still charted at 12.5%. This yearly gain marks the 20th straight month of national prices increases. The month-on-month deceleration is no surprise, considering […]

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We’re in the TOP TEN!!!

We’re in the TOP TEN!!!

Our own Los Angeles is #6 on the list of towns leading the nation’s housing recovery! Get in touch and let us help you contribute to the cause by finding your dream home! Source: http://www.car.org/aboutus/onecoolthing/towns/

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Millenials Will Come…

Millenials Will Come…

Some economists have recently sounded the alarm that a ‘lost generation of homebuyers,’ namely those born after 1980, are locked in permanent financial stagnation that will prevent the majority from ever forming households. This generation, coined ‘millenials’ by overzealous media marketeers, contends with crushing student loans, limited employment opportunities, rising rates, low inventory with rising […]

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What Buyers Don’t Want

What Buyers Don’t Want

Who knew an in-house elevator was NOT on the list of preferred features for 70% of buyers? More sensible concerns must be afoot…

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August S&P/Case-Shiller Index

August S&P/Case-Shiller Index

The S&P/Case-Shiller Home Price Indices continued their rise in August at the fastest annual rate in more than six and a half years. However, the monthly pace continues its slow decline. The recent rise in mortgage rates has resulted in fewer mortgage applications, contributing to the smaller gains month-over-month. Average home prices across the spectrum are back […]

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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. S&P Case Shiller index ending June 30, 2013 Click on image to visit the […]

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It’s the Time of the Season for Buying

It’s the Time of the Season for Buying

You’ve heard the news. You’ve read all the opinion polls, waiting for the perfect time to jump into the market and buy your first home…your second home…your dream home. You scan Zillow, Redfin, Trulia & Realtor.com daily, filling every weekend with open houses in your desired neighborhoods. But fears of market volatility and uncertain futures […]

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Guest Blogpost: Breaking Down the Shadow Inventory

Guest Blogpost: Breaking Down the Shadow Inventory

By Sarah Parr Recent statistics portray a positive picture for the real estate industry and consumer economy. A recent Corelogic report shows that the shadow inventory of homes has decreased 28 percent from when it peaked in 2010. As of early this year, the shadow inventory comprises approximately 2.2 million housing units, or in real […]

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