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Winning Over the Neighbors

By Posted on 3 min read 184 views

One of the most overlooked aspects of a residential sale? Neighbors. If they keep their house looking great, then we tend to take them for granted, but if they aren’t concerned about curb appeal, it can pose a myriad of issues. Not only do visually unappealing homes lower the value of surrounding properties, but they are also glimpse at other proximal difficulties a buyer may experience when living there.  Today we’ll …

NEW Alpha Release 3.0!

By Posted on 1 min read 92 views

The MLS™ is proud to announce the newest version of the Alpha Listing Search: Alpha Release 3.0. The Alpha Release 3.0 offers a variety of new features, including a revamped Member Dashboard, an updated Contacts section, and (of course) the Listing Search itself. The new Member Dashboard Contacts page New “Add Contact” module Keep an eye out for upcoming new features, like Saved Searches, Open Houses, Membership Info, and more. In …

Buying Solo: Single Women Dominate the Housing Market

By Posted on 1 min read 609 views

The National Association of Realtors (NAR) released their annual Profile of Home Buyers and Sellers last week, and, as always, provided a fascinating look at the market. One of the most interesting bits of data involves all the single ladies out there–apparently, they’re making up a huge chunk of the real estate scene, reports TPG website. According to the report, single women were responsible for 17 percent of total home purchases …

Q3-2016 Market Climate Map: Sales Volume for Single-Family Homes

By Posted on 1 min read 160 views

The Q3 stats are in and, as per usual, our climate map has some revealing insights into Los Angeles’s neighborhoods to look out for going into the new year. The area that by far experienced the biggest overall increase in sales volume? Monterey Hills, with a whopping 138% increase in the sales volume of single family homes. The small community, which sits four miles ENE of Downtown Los Angeles, is experiencing …

Your neighborhood can affect your prosperity, says Trulia

By Posted on 2 min read 92 views

Dress for success? More like address for success. It turns out that the country’s priciest housing markets have appreciated two times faster than homes in the country’s least expensive markets over the last 30 years, according to a Trulia report released Wednesday. Three decades ago, the most expensive neighborhoods held an average home price of $127,058–144% higher than the least expensive markets’ average home price of $52,022. But in 2016, the …

The McMansion’s Day Has Come and Gone

By Posted on 4 min read 343 views

By Gail Marks-Jarvis (TNS)—When Dr. Kishin Ramani decided to sell his six-bedroom, Georgian-style home on a half-acre lot in an affluent Chicago suburb three years ago, it never occurred to him that he’d be resigned to accepting far less than he paid when he bought the home in 2005. Ramani was immediately drawn to the home, built in 2003, because “it was gorgeous and airy, with the highest ceilings I’d seen.” …

L.A. Rent Growth Slowing, Says Yardi Matrix

By Posted on 2 min read 94 views

It’s been a long time since the L.A. rental market slowed down its heretofore exponential growth. Fortunately for renters, September experienced its first monthly dip since November 2015. The average rental price now rests at $1,219–yep, one whole dollar less than August’s average. According to the Yardi Matrix Monthly report for September 2016, which measures 123 markets throughout the nation, rent prices grew 4.7 percent in September on an annual basis …