The residential real estate market is a fairly clear example of the economic forces of supply and demand. When supply is low and demand is high, as we have throughout out much of the country now, home prices have nowhere to go but up. This is e...
One of the recurring and lasting images of the Great Recession was that of a reporter walking through a nearly deserted development of newly built homes. It was shocking to see how quickly they began to deteriorate, empty cul de sacs, entire ne...
Despite that age old real estate adage, there are more major real estate market movers than location. One particular market force we’ve been paying close attention to here in Los Angeles and across all of California is inventory. And the late...
Even considering the Great Recession, California has enjoyed economic growth rates at or near the highest in the nation for many years running. When you couple that with stagnant wages, aka a cheap and skilled labor force, investors have been f...
Almost everyone, from real estate professionals to the most casual of consumers, knows the old adage: There are three rules of real estate. Location. Location. Location. And yes, the number one determining factor of what price a home can fetch ...
The state of California boasts one of the largest economies in the world. Depending on how you prefer to crunch your numbers and chart your comparisons, if California was its own country it would be the seventh or eighth most robust economy acr...