IS CALIFORNIA’S HOT ECONOMY CAUSING A HOUSING CRISIS?
Since the beginning of the economic recovery, prices in major California cities – San Francisco, Los Angeles, San Diego and San Jose – have increased by around 75 percent.
WHY ARE SO MANY HOMEOWNERS STAYING PUT?
A good portion of the real estate market is made up of homeowners who uproot and purchase their second or third house. More and more often, however, people are deciding to stay put instead of upgrading their homes. One such example is Greg Rubin, who spent a large...
HOW ARE NEWER ONLINE LENDERS CHANGING HOME BUYING?
Securing a mortgage through a bank, especially for those with less-than-stellar credit, can be a difficult task. Fortunately, the rise in alternative lending is providing lots of mortgage options outside the traditional channels. Non-bank lending ramped up as a...
HOW OPTIMISTIC IS THE CURRENT REAL ESTATE MARKET?
Consumer confidence is an important factor in the housing market. In a recent Gallup poll, 61 percent of Americans said they feel confident that housing prices will continue to climb over the next year. This is the highest measure of real estate optimism since 2005,...
WHAT’S DRIVING LOWER PENDING HOME SALES IN CALIFORNIA?
March marked the third time in as many months that pending sales by California homeowners continued its downward trend. According to the California Association of Realtors, the poor sales performance is largely due to limited availability and high cost. Even with...
Susan Andrews & Justin Roberts
Estates Director
Executive Director, Trust & Probate Division
COMPASS
8560 Sunset Blvd, 3rd Floor
West Hollwyood, CA 9006
Direct: 323.829.8811
ARteam@LuxuryLAHomes.com