Low Housing Inventory In the Los Angeles South Bay

Low Housing Inventory In the Los Angeles South Bay

Posted on 14. May, 2012 by .

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The Unsold Index For The Los Angeles South Bay is telling us that we are approaching a critically low supply of Inventory as homes are being purchased at record low interest rates. The Unsold Index is a very widely know indicator in the Real Estate industry for measuring the strength of market conditions. The measurement [...]

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LA South Bay Real Estate Forecast – April 2012

Posted on 02. May, 2012 by .

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LAsouthbayRealEstate.com                              Best viewed with Microsoft Internet Explorer  View the Graphs and Indicators   Summary of March's Data March sold prices both Median Average prices were up over February's prices. The increase in home prices are part of the monthly price fluctuations experienced since  January 2009.    Average prices came in $630,450 while Median Home [...]

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LA South Bay Real Estate Forecast – March 2012

Posted on 11. Apr, 2012 by .

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  March 24, 2012 (Based on Feb. 2012 sold data) Volume 9, Issue 3   Written and Created by Barry Brickel J.D.                Keller Williams Realty                 LAsouthbayRealEstate.com                              Best viewed with Microsoft Internet Explorer  View the Graphs and Indicators   Summary of February's Data February 2012 Median home prices moved back toward the flat trend [...]

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LA South Bay Real Estate Forecast – February 2012

Posted on 21. Feb, 2012 by .

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February 21, 2012 (Based on Jan. 2012 sold data) Volume 9, Issue 2   Written and Created by Barry Brickel J.D.                Keller Williams Realty                  LAsouthbayRealEstate.com                              Best viewed with Microsoft Internet Explorer                            View the Graphs and Indicators   Summary of January's Data In January 2012 Median home prices dropped more than expected. Average prices continued [...]

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LA South Bay Real Estate Forecast – January 2012

Posted on 25. Jan, 2012 by .

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LA South Bay Real Estate Market Forecast  January 24, 2012 (Based on Dec. 2011 sold data) Volume 9, Issue 1   Written and Created by Barry Brickel J.D.                Keller Williams Realty          LAsouthbayRealEstate.com                              Best viewed with Microsoft Internet Explorer                            View the Graphs and Indicators               Summary of December's Data Mortgage [...]

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LA South Bay Real Estate Forecast – December 2011

Posted on 25. Jan, 2012 by .

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  LA South Bay Real Estate Market Forecast  December 24, 2011 (Based on Nov 2011 sold data) Volume 8, Issue 12   Written and Created by Barry Brickel J.D.                Keller Williams Realty      LAsouthbayRealEstate.com                              Best viewed with Microsoft Internet Explorer                            View the Graphs and Indicators   Summary of Novembers' Data Mortgage rates fell to below [...]

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LA South Bay Real Estate – November 2011

Posted on 01. Dec, 2011 by .

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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 .

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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 .

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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 .

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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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