By Roger Vincent
Competition for tenants who can pay top rents has grown so fierce that landlords are loading up their new buildings with goodies unheard of in years past when a swimming pool and laundry room were considered ample enticements for renters.
The rate of price growth has tapered off a bit, but housing isn’t getting any cheaper
By Elijah Chiland
The average price of a one-bedroom apartment in Los Angeles County now stands at $1,755 per month, according to real estate tracker CoStar.
For a two-bedroom, the average is $2,235.
It’s not necessarily easy to buy a house today, especially for younger generations. Wages aren’t keeping up with the rising home prices and the median age of a homebuyer is at its oldest since the National Association Realtors started tracking in the 1980s.
The bill would bar property owners in California from increasing rent more than 7 percent, plus the cost of inflation, in one year
By Jenna Chandler
By Andrew Khouri
Southern California home prices rose only 1.2% in June from a year earlier, while sales fell 8.8%, reflecting a broad slowdown in the region’s pricey housing market.
The six-county region’s median price — the point at which half the homes sold for more and half for less — clocked in at $541,250 last month, according to a report Friday from CoreLogic.
The USC Casden Multifamily Forecast has provided a comprehensive summary of fundamental trends in the multifamily market for Los Angeles County, Orange County, Inland Empire, San Diego, and Ventura as well as individual sub-markets. The Multifamily Conference has also served as the region’s premier prognosticator of key issues and trends that will influence the multifamily industry.
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For the first time in decades, homeownership numbers for black and Hispanic people living in the U.S. are going in different directions.
The Wall Street Journal reported black homeownership across the country fell to a record low in the first quarter of 2019, according to census data – a drop of 8.6 percentage points since the all-time high in 2004.
In this sector of the city’s informal housing rental market, as many as 24 people can be crammed into a three-bedroom apartment.
By Linda Poon
In California, and many other expensive states, the lack of reasonably priced homes impacts job growth, income growth and overall economic health, contends the director of the USC's Lusk Center for Real Estate.
By Richard K. Green
By Natalie Campisi
The first half of 2019 bore promising gifts to eager homebuyers, namely low mortgage rates and slowing home price growth. This comes, however, amid a deepening shortage of affordable housing throughout the country.
Mortgage rates fell below 4 percent, applications zoomed