'real estate news'

Big Drop in LA County Foreclosures Again

Big Drop in LA County Foreclosures Again

Posted on28. Jul, 2010 by .

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The foreclosure activity for Los Angeles County continues on a down trend. We are showing a peak formed in the first quarter of 2009. This is an extremely reliable timing tool and another confirmation of the bottom in the Real Estate market as projected in the newsletter, LA South Bay Real Estate Forecast and the [...]

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Which is more important; Average Price or Median Price?

Which is more important; Average Price or Median Price?

Posted on18. Jul, 2010 by .

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Median Home Prices vs. Average Home Prices What is more meaningful in analyzing home prices, Median Home Prices or Average Home Prices? The media relies very heavily on Median Prices, almost entirely, Average home prices are rarely mentioned. On the LA South Bay Real Estate blog we include both on the home price graph this [...]

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Mortgage Rates At All time Historical low

Mortgage Rates At All time Historical low

Posted on03. Jul, 2010 by .

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In a press release from today Freddie Mac Federal Home Loan Mortgage Corporation)released the results of its Primary Mortgage Market Survey® (PMMS®) in which “the 30-year fixed-rate mortgage (FRM) averaged 4.58 percent with an average 0.7 point for the week ending July 1, 2010, down from last week when it averaged 4.69 percent. Last year [...]

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The Best Time Of Year to Buy

The Best Time Of Year to Buy

Posted on02. Feb, 2010 by .

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The common belief held by the public and the media is that the best time to buy property is in the holiday  period from Thanksgiving to Christmas. Comparing activity during different times of the year is known as “Seasonality”. The graph below refutes that belief. The graph illustrates that sales volume has been consistently low [...]

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Homebuyer Demand Outpaces Supply

Homebuyer Demand Outpaces Supply

Posted on04. Jan, 2010 by .

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Home Inventory is one of our most important Indicators which help predict the direction future of prices in the LA South Bay. The available South Bay Home inventory is now at the lowest point since December 2005. Supply cannot keep up with Buyer demand, the result will mean accelerating higher prices. The LA South Bay [...]

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Examining The Torrance Home Price Bubble

Examining The Torrance Home Price Bubble

Posted on10. Dec, 2009 by .

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Was there a price bubble in the the city of Torrance? Here is a little study made in an attempt to answer that question, you decide. Please place your comments on the Blog Site . See the Charts below. While national median home prices may have dropped approximately 30 % since the housing peak, conditions [...]

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How Much Is An Ocean View Really Worth? – Part 1

How Much Is An Ocean View Really Worth? – Part 1

Posted on25. Nov, 2009 by .

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How much is an ocean view really worth? This is a great question from the trenches of questions that many have wrestled with. Based on many variables being evaluated at the same time this is pretty much impossible to figure out to any real precision. Here is a little study performed on recent sales of [...]

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