The Source of Real Time Real Estate
The Source of Real Time Real Estate
By themlsblog
Posted on
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, …
By themlsblog
Posted on
By themlsblog
Posted on
Now that the individual market climate maps have been added to the books, it’s time that we briefly recap some numbers from this past quarter. Below, we compare the totals of Q1-2016 to Q1-2017. Check it out: Download (PDF) Great work everyone, and happy selling through Q2-2017 and beyond! …
By themlsblog
Posted on
On the heels of our Q1 heat maps, we’re excited to share market statistics for single-family homes in Q1 2015 v. Q1 2016 v. Q1 2017. These stats take a look at median sale price, sales volume and sold listings for The MLS™ primary areas. The median sale price achieved a steady increase, peaking at $1.04 million in Q1-2017. Likewise, sales volume has also grown gradually, reaching a respectable $3.19 billion …
By themlsblog
Posted on
