Welcome to Los Angeles, where the housing prices for luxury homes are from another planet. This is where “luxury” means something completely different than the rest of the world. Luxury houses here are made of dreams – contemporary masterpieces which…
Over the next year, the pace of home value growth is expected to slow, growing 2.6 percent from October 2015 to October 2016, according to the Zillow Home Value Forecast. Over the past year, home values grew 4.3 percent. Of…
California Association of Realtors has just released its Housing Market Forecast for 2016 and things are still looking up. Growth is still a bit hindered due to the lack of inventory. Many developments have been delayed by increasing regulations in…
Posted on September 29, 2015by ddevore in Market Updates
Prices just keep setting records past the recession lows in Los Angeles’ housing market. Studies show that we’re actually halfway through a solid recovery – HALF WAY through! Prices have risen well over 20% since the recession with no sign…