Over the last few years, many sellers have been hesitant to put their houses on the market because they feared not being able to find another home to buy. I've reported on inventory shortages in the past, and it’s been a constant concern for potential buyers throughout recent years. New research shows the inventory concern is starting to decrease among potential buyers. According to First American, the two leading obstacles to home-ownership that buyers feel today are Affordability and Limited Inventory. This means the feeling that homes are less affordable has risen, while the fear of limited inventory has decreased, delivering a wealth of good news for sellers. At the same time, over the p
Home Price Appreciation Forecast Questions continue to come up about where home prices will head throughout the rest of this year, as well as where they may be going over the few years beyond. We’ve gathered current data from the industry’s most reliable sources to help answer these questions: The Home Price Expectation Survey – A survey of over 100 market analysts, real estate experts, and economists conducted by Pulsenomics each quarter. Mortgage Bankers Association (MBA) – As the leading advocate for the real estate finance industry, the MBA enables members to successfully deliver fair, sustainable, and responsible real estate financing within ever-changing business environments. Zelman &
Unfortunately, optimism, sunshine and a healthy lifestyle doesn't stop nature from doing what she wants to do. According to the experts,
The City of Los Angeles now has a policy that went into affect July 1, 2019, that outlaws short term rentals, and will issue fines to owners
