Tag Archives los angeles

VESTAPLUS™ Winter Training Schedule

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The new MLS system, VESTAPLUS™, will be launching in 2018. To help you make a seamless transition, we’re providing additional training resources to our members for the upcoming season. Here’s what’s in store: Webinars Our hour-long VESTAPLUS™ webinars are one of the best ways to learn VESTAPLUS™ from the comfort of your home or office. Space is limited; advanced registration is recommended. The MLS School™ If you prefer a traditional classroom …

The Latest on LA’s Housing Crisis

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For several years, the state of California has faced a housing crisis, where rental and sale prices have climbed while wages have stagnated. In fact, a report from the California Housing Partnership Corporation (CHPC) found that median rent in Los Angeles County has increased 32% since 2000, while wages have decreased by 3% (adjusted for inflation). In 2014, Los Angeles Mayor Eric Garcetti called for 100,000 new housing units by 2021, …

Q4-2016 Market Climate Map: Sales Volume for Single-Family Homes

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Our Q4 stats are in for single-family homes, and we’re seeing some major growth in Bel Air-Holmby Hills, Montecito Heights, Highland Park, and Marina del Rey, respectively. A listing in Bel Air-Holmby Hills The number one spot went to the Metropolitan area, which experienced a tremendous 155% increase – but keep in mind, this was just for the sale of one home. More tellingly, Bel Air-Holmby Hills had a 153% increase …