Latest L.A. Stats

Latest L.A. Stats

Prices were up 31% from last May and the Los Angeles median price single family home was 423k. The median is the number where half of the houses were above this number and half were below. What is interesting is the divergence from zip code to zip code,  I like to go...

First time home buyers left in the dust

Sales for first time homebuyers are going down. It’s really difficult for these folks. FHA does 50% of these loans and their underwriting requirments are so strict that few can get appoved.  In addition, the csosts for FHA loans are increasing which is also...