LA South Bay Real Estate Forecast – January 2012
Posted on 25. Jan, 2012 by barryb2b.
Summary of December's Data Mortgage rates continue to be the main driving force in this South Bay real estate market which is benefiting from the weak real estate market nationwide. Our Primary timing tool continues to show high affordability numbers. Prices have been very stable for the past three years. Waiting for prices to go [...]
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LA South Bay Real Estate Forecast – December 2011
Posted on 25. Jan, 2012 by barryb2b.
Summary of Novembers’ Data Mortgage rates fell to below 4.00% yesterday to 3.90% for a 30 year fixed rate conforming loan. Our Primary Timing tool is showed a small drop in affordability due to a large median price increase for November a rare condition. You can still build equity fast by paying off your principle [...]
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LA South Bay Real Estate – November 2011
Posted on 01. Dec, 2011 by barryb2b.
Summary of Octobers' Data Our Primary Timing tool is indicating the highest Affordability in over the past 10 years. This is due to the a combination of lower interest rates and lower home prices, a ver rare condition.. In the next 3 months I expect prices to drop slightly because of seasonal conditions. This will raise affordability even [...]
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LA South Bay Real Estate Forecast – October 2011
Posted on 02. Nov, 2011 by barryb2b.
LAsouthbayRealEstate.com Best viewed with Microsoft Internet Explorer View the Graphs and Indicators Summary of Septembers' Data The most signicant change in market conditions was the large increase in new foreclosure notices reported by Dataquick in the second quarter of 2011 compared to the previous quarter.(See chart below). Although there was an increase the number [...]
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LA South Bay Real Estate Forecast – Sept 2011
Posted on 17. Oct, 2011 by barryb2b.
LAsouthbayRealEstate.com Best viewed with Microsoft Internet Explorer View the Graphs and Indicators Summary of August's Data The Home Affordability curve was moved up to the first position in our list of charts because of it's importance as a timing tool. Too often buyers and investors are overly concerned with price. The Home affordability curve [...]
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LA South Bay Real Estate Forecast – August 2011
Posted on 04. Sep, 2011 by barryb2b.
Summary of July's Data July's Average price came in at $625,825 dropping slightly from June $653,776. April had a very large price spike for one month and the trend remains up because of that. The Median price dropped July to $415,000. from $445000 the previous month. The average price is more reflective of home price [...]
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LA South Bay Real Estate Forecast – July 2011
Posted on 02. 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 on 01. 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 on 30. 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 on 28. 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 – 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
