Dec 17th, 2018
New regulations passed by LA City Council will affect the approximately 23,000 homes and units available for rent in Los Angeles on short-term rental platforms like AirBnB and VRBO.
Jan 25th, 2018
Could a proposed state bill (CA SB 827) be a viable solution to the chronic housing shortage and lack of affordability in California? The measure would eliminate zoning restrictions within ½ mile of transit lines, allowing for more homes — including condos and apartments — to be built. The goal is to address the supply/demand imbalance, while encouraging more people to use public … Read More
Mar 20th, 2017
As expected, the Federal Reserve Bank raised its benchmark rate by 0.25% Wednesday. Despite the increase, mortgage rates actually improved slightly because (a) the move had long been anticipated, and (b) the Fed forecasted gradual future increases, which calmed financial markets. Nonetheless, homeowners and prospective home buyers should consider the broader trends behind yesterday’s … Read More
Mar 20th, 2017
How many homeowners in Los Angeles could benefit by having extra living space at their current residence? Two state laws went into effect this year that are intended to make it easier for homeowners to add an accessory dwelling unit — "granny flat," "bonus room," etc. in standard lingo — to their residential property. A few highlights of the new … Read More
LA Times | Jan 26th, 2016
Top LA zip codes based on median price per square foot increase (year over year)...