Archive by Author
LA South Bay Real Estate Forecast – July 2011
Posted on02. Aug, 2011 by Barry Brickel.
Summary of June's Data Junes's Average Home price declined a bit from the surge in May, from $708,830 compared to $653 776, . The Median home price for June was up from $405,000 in May to $445,000 i The Average price is more reflective of home price trends while the median price is more reflective of where the public [...]
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LA South Bay Real Estate Forecast – June 2011
Posted on01. Jul, 2011 by Barry Brickel.
Summary of May's Data May's Average price took a big jump in May to $708,830 compared to $611,098, up 16% from April, that is a very large increase for one month and not is not an indication of a trend at this point The Median price dropped slightly in May to $405,000. The average price [...]
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LA South Bay Real Estate Forecast – May 2011
Posted on30. May, 2011 by Barry Brickel.
Summary of April's Data The number loans in Foreclosure was down again in the first quarter of 2011 from the same quarter a year ago. The number of delinquent homes was 13,957 compared to 15,797 or down 11.6%. This indicator is one of the most reliable of our indicators predicting future conditions. We can expect [...]
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LA South Bay Real Estate Forecast – April 2011
Posted on28. Apr, 2011 by Barry Brickel.
Summary of March's Data March marks the start of the annual home buying season and has started off with the common upsurge in sales which is consistent with the annual seasonal pattern of increased sales volume (see the sales volume chart below). Sales surged from the seasonal adjusted low point of 354 unit in [...]
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LA South Bay Real Estate Forecast -March 2011
Posted on30. Mar, 2011 by Barry Brickel.
Summary of February's Data February was greatly impacted by seasonality as shown in the sales volume graph below. The low sales volume for February should be the low for the year and we expect a higher sales volume in March as that will be the first month of the buying season. February's sold data continues [...]
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LA South Bay Real Estate Forecast – Feb 2011
Posted on22. Feb, 2011 by Barry Brickel.
Summary of January's Data January's sold data continues to show a flat consolidation of prices with a relatively high variance in monthly sold prices. This price consolidation started in January 2009. Seasonal lows in the winter holiday periods are showing a stronger trend in sales volume, the impact of these periods is having less of [...]
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LA South Bay Real Estate Forecast – Jan 2011
Posted on23. Jan, 2011 by Barry Brickel.
Summary of December's Data December's data revealed two surprising changing conditions: 1- sales volume was higher than seasonally expected, December's data showed sales above average for this time of year, usually sales volume is low in the months of December and January,( see the sales volume graph below). 2 – the two upper price ranges [...]
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LA South Bay Market Forecast -December 2010
Posted on24. Dec, 2010 by Barry Brickel.
Summary of November's Data LA South Bay Home Affordability increased again in November to the highest level for the current up market surpassing the previous high obtained last month and January 2009. This was due mainly to a drop in the LA South Bay median home price even though interest rates were higher for the [...]
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LA South Bay Market Forecast – Nov. 2010
Posted on25. Nov, 2010 by Barry Brickel.
Summary of October's Data LA South Bay Home affordability increased to the highest level for the current up market surpassing the previous high obtained in January 2009. This was due mainly to a large drop in the LA South Bay median home price. The median price fell 9.1% from the previous months price. The rather [...]
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LA South Bay Market Forecast Oct 2010
Posted on19. Oct, 2010 by Barry Brickel.
Summary of September's Data Average and Median Home prices increased in September based on MLS sold data. Median and Average home prices continue to follow a short term uptrend that started in January 2009. Total Inventory increased in September again but appears to be slowing. Sales Vulume continues to come in close to its average [...]
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- LA South Bay Real Estate Forecast – January 2012
- LA South Bay Real Estate Forecast – December 2011
- LA South Bay Real Estate – November 2011
- LA South Bay Real Estate Forecast – October 2011
- LA South Bay Real Estate Forecast – Sept 2011
- LA South Bay Real Estate Forecast – August 2011
- LA South Bay Real Estate Forecast – July 2011
- LA South Bay Real Estate Forecast – June 2011
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LA South Bay Real Estate Forecast – May 2011
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LA South Bay Real Estate Forecast – April 2011
