L.A. Forecast: Moderate Job Growth, Continued Rapid Rise in Home Prices

Los Angeles County will see moderate job growth of just over 1 percent for the rest of this year, but the median home price will rise as much as 10 percent.

Those are the projections from an economic forecast released April 26 from Los Angeles-based Beacon Economics.

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Why Depreciation Is The Biggest Perk Of Real Estate Investing

Investing for retirement is historically fraught with risk and fear. Investors in this group are generally older, ready to press on the brakes and work less yet still need a reliable source of income. Of the myriad opportunities available, one investment vehicle stands above the rest as far as consistency regardless of the current economic climate and has withstood the test of time through all cycles of the economy and various administrations. That vehicle would be real estate.

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Realtors Predict Tax Bill Will Cause Housing Prices To Drop In Every State

Real Estate Prices could tumble 8-12% if the new tax law passes

And despite studies that have indicated that the mortgage interest deduction might not be good tax policy, it’s been good for the real estate market. Without it, the NAR anticipates that housing prices will fall by at least 10% across the board. The organization recently released a report breaking out on a state-by-state basis how the proposed tax reform efforts might hurt home values. Their findings?  The NAR estimates that home values would fall in every state.


Tips For Getting Your Home Sold In The Winter

So you’ve decided to list your home this winter. Perhaps you’ve had a job change, need to relocate out of the area, or have financial or family reasons for moving. No matter what is driving the move, you may be concerned about selling at this time of year. But just because you missed the boat on the spring selling season doesn’t mean you can’t get your home sold quickly, and for a profit. A few tips can help get it moving.

Prices Level Off in Los Angeles, But Market Remains Healthy

“Luxury home prices in Los Angeles are leveling off after several quarters of strong price growth, according to a report Thursday.”

Here’s what quantitative un-easing could mean for the housing market

At its September meeting, the Federal Open Markets Committee announced it will begin reducing its $4.5 trillion portfolio of bonds purchased during the global financial crisis, as soon as October of this year.

This quantitative un-easing could have major consequences to the housing market as nearly 40% of the portfolio is made up of mortgage-backed securities that the Federal Reserve started buying in 2009, according to a blog from Mark Fleming, First American Financial Corp. chief economist.

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5 Home Improvements to Best Increase Your Value


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Why Real Estate Market Conditions Matter



08.13.2015.Chong.CMA Review

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