Report sees housing bubble echoes in Southern California

April 8, 2014

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See on Scoop.it – Southern California Real Estate News High prices, climbing interest rates and flat incomes are pushing home-buying out of reach for more Southern Californians, according to a new report Friday from Zillow. And that’s starting to bring back behavior seen in the bubble days of the mid-2000s. See on www.latimes.com

Posted in: Real Estate News

Welcome to Feudalfornia: the golden sarcophagus and the investor. Acceleration to price out masses.

April 8, 2014

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See on Scoop.it – Southern California Real Estate News California housing affordability may seem like an oxymoron.  Many younger buyers are priced out in many markets across the state.  The latest data from the California Association of Realtors (CAR) finds that still only 1 out of 3 families can actually… See on www.doctorhousingbubble.com

Posted in: Real Estate News

Shortage of low-income housing pushes tenants into dangerous situations – Los Angeles Times

April 8, 2014

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See on Scoop.it – Southern California Real Estate News Shortage of low-income housing pushes tenants into dangerous situations Los Angeles Times According to filings with the California secretary of State, the registered agent for 5700 Hoover is Ronald Perlstein, who runs a real estate firm in West Los… See on www.latimes.com

Posted in: Real Estate News

Home Prices Pick Up at Fastest Pace in 7 Years

April 5, 2014

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See on Scoop.it – Southern California Real Estate News The rebound in prices is being heavily fueled by activity in western states, according to CoreLogic’s latest report. (Home Prices Pick Up at Fastest Pace in 7 Years with California leading the way. |Realtor Magazine|… See on realtormag.realtor.org

Posted in: Real Estate News

Beverly House listed for sale at $135 million – Los Angeles Times

April 5, 2014

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See on Scoop.it – Southern California Real Estate News Daily Mail Beverly House listed for sale at $135 million Los Angeles Times No sooner did the mansion known as Fleur de Lys sell this week for a record-breaking $102 million than another L.A. See on www.latimes.com

Posted in: Real Estate News

More homeowners are becoming first-time landlords – Los Angeles Times

April 5, 2014

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See on Scoop.it – Southern California Real Estate News More homeowners are becoming first-time landlords Los Angeles Times But 39% said they’d rent it out. In Western markets like Los Angeles that have seen big price growth lately, the percentage was even higher. See on www.latimes.com

Posted in: Real Estate News

One-Third of California Homeowners Locked Out of Market

March 31, 2014

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See on Scoop.it – Southern California Real Estate News The California real estate market continued to experience rising home prices and strong sales in July, but negative equity still remains a significant challenge, according to a report from PropertyRadar. See on www.dsnews.com

Posted in: Real Estate News
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