The Source of Real Time Real Estate
The Source of Real Time Real Estate
By themlsblog
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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 …
By themlsblog
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An Atwater Village home The numbers are in, and it looks like Atwater Village is the new and happening place to be! Yup, according to 2016’s third quarter condo/co-op median sales price statistics, this small, Griffith Park-adjacent neighborhood is a top choice for condo/co-op buyers this year–and they’re willing to pay a whopping 120% more than they did last year for real estate in the area. This marks even more growth …
By themlsblog
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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 …
By themlsblog
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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 …
By themlsblog
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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 …