If you have not yet heard the news, the US is in a housing recession. The story is no different for South Bay real estate. We may be cushioned from most of the world in our luxurious...
White House Wants To End Tax Break For Wealthy Homeowners
The White House is urging Congress to limit, or cut, the once untouchable tax break for mortgage interest. In traditional class warfare parlance, the White House cap on mortgage...
Fannie Mae Economist: Housing Recovery In 2013
Fannie Mae’s Chief Economist, Doug Duncan, predicts national housing markets will not recover until 2013. He predicts prices will decline another 1% to 3% before bottoming in the...
What Do Pending Home Sales Mean For The South Bay?
Pending home sales have risen for three consecutive months, according to the National Association of Realtors®. The United States index rose 6%, and the Western states index increased...
A Busy May In Manhattan Beach
The month of May turned out to be a busy time for Manhattan Beach real estate, particularly for the single family residence (SFR) market. SFR volume increased 80% to 36 closed sales...
Quantifying Resale Value of Home Repairs in Los Angeles
A common misconception in real estate is that capital investment projects always yield positive rates of return (ROI). In reality, most home improvements lose money on resale. In Los...
Cautionary Note For Short Selling Homeowners
Moody’s Economy.com estimates that 3.8 million homes will be lost in 2009 and 2010 because borrowers cannot make their mortgage payments. The same story is told all over the...
SoCal Real Estate Market Statistics – November, 2009
The SoCal Real Estate Advisors, Inc. research team will begin publishing monthly real estate statistics for Southern California. Our first publication focuses on the coastal cities of...

