Lennar Corporation is a home builder and real estate company based in Miami, Florida. It is one of the largest home construction company in the United States, the company is ranked among the Fortune 500. Lennar, since 1954 builds homes in some of the most desirable cities in the nation and for all stages of Read more about Lennar Homes[…]
CoreLogic projects that Southern California house prices will continue rising. Instead, local home prices are forecast to rise 3% in Los Angeles County, 5% in Orange County, and 6% in the Inland Empire, by April 2021. CoreLogic projects U.S. home prices will drop 1.3% year over year by April 2021 in 41 states in the Read more about SoCal Home Prices will continue rising[…]
Freddie Mac reported today Thursday, March 5th The average 30-year fixed-rate mortgage hit a record 3.29% this week, the lowest level in its nearly 50-year history. Meanwhile, mortgage applications increased 10% last week from one year ago and show no signs of slowing down. Given these strong indicators in rates and sales, as well as Read more about Mortgage Rates Hit All-time Low[…]
Jeff Bezos, the Amazon leader, reached a deal with David Geffen for the purchase of the Warner Estate in Beverly Hills. The deal set a new price record for a property in California. The home is considered one of the premier mansions built during Hollywood’s golden era. The property Jack Warner, the founder brother of the Read more about Jeff Bezos sets a new record in Los Angeles real estate[…]
Studio City, California is a neighborhood in the city of Los Angeles, California, in the southeast San Fernando Valley, just west of the Cahuenga Pass, on the north slope of the Santa Monica Mountains. Originally known as Laurelwood, in 1927, Mack Sennett began building a new studio on 20 acres. The area around the studio Read more about Studio City Market Analysis[…]
Monterey Park, California is located in the western San Gabriel Valley region of Los Angeles, County. This city is 7 miles east from DownTown Los Angeles Civic Center. Monterey Park has a strategic location. The city is surrounded by three major freeways, the San Bernardino (Interstate 10), Long Beach (Interstate 710) and Pomona (State Route60), Read more about Monterey Park Housing Market Analysis[…]
The National Association of Home Builders issued their recent Housing Trends Report. This report is based on a Poll to 19,800 people, collected online from Dec 17th, through Dec 24th, 2019. The Housing Trends Report (HTR) measures prospective home buyers’ perceptions about the availability and affordability of homes for sale in their markets. Here are Read more about Housing Trends in Jan 2020[…]
Recent research published by Paul Goldsmith-Pinkham and Kelly Shue from Yale University discovered a Gender Gap between Men and Women buying and selling houses. Researchers used detailed data from CoreLogic covering over 50 million housing transactions and matched property listings across the US from 1991 to 2017. The gender gap in housing returns exists in Read more about Real Estate Investing shows a Gender Gap[…]
The California Association of Realtors CAR showed the Home Median Price by County for December 2019. The results show interesting facts: The three counties with higher median prices are San Mateo ($1.475 Million), San Francisco ($1.45 Million), and Marin ($1.3 Million). The three counties with lower median prices are Lassen ($247,500), Tehama ($237,500), and Siskiyou Read more about California Home Median Price for Dec 2019[…]