Los Angeles Homebuyers Snap Up Old Inventory as Housing Supply Plummets in December
January 21, 2016
Echo Park home prices top $800K and West Adams is officially a rising star.
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Home Sellers Are Losing Their Market Advantage
December 7, 2015
After a year of heated competition for homes across the country, the balance of power between buyers and sellers is shifting. In a survey of 900 Redfin agents across the country conducted last month, only 6 percent believed sellers held all the power, down from 36 percent in the first quarter.
L.A. Home Prices Rise in October, But Buyers Are Pushing Back
November 19, 2015
L.A. home prices rose just 3.5 percent in October from a year earlier to $553,500, marking the fourth consecutive month of slowing price appreciation. Sales in the city were flat, ending a four-month run of year-over-year growth.
Los Angeles Home Prices Post Lowest Gain in Three Years
October 22, 2015
Home prices in the city of Los Angeles rose just 3.8 percent in September but skyrocketed in a few hot neighborhoods such as Echo Park and Cheviot Hills.
L.A. Homebuyers Continue to Struggle as Inventory Declines for Fifth-Straight Month
August 24, 2015
Competition is still high for L.A. homebuyers, especially on the Westside of L.A. where the median sale price topped $1M in July. Many homes on the Eastside are selling within two weeks.
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