Slowing Home Price Appreciation
No real surprise here – after a sharp bounce back off the bottom, particularly in core markets, home prices appear to be leveling off. Overall, this is probably not bad news, indicating that housing could be entering a period of stability after some volatility over the past few years. The spillover effect of this leveling on the land market could mean a stabilization in land prices, as well, which have been somewhat of a moving target so far during this recovery. \
About author
You might also like
L.A. City Council approves development fee to raise money for affordable housing
The Los Angeles City Council voted Wednesday to impose a new fee on development to raise millions of dollars a year for affordable housing as the city copes with rising rents and surging homelessness.
Conventional Financing Gains Ground
In another sign of the increasing health of the housing market, the share of mortgage financing made through conventional loans continues to expand. In 2011, at a low point, the
Middle-class Workers in California are Struggling to Find Homes They Can Afford
By Kevin Smith – Oscar Sol has spent the past five months searching for a home he can afford to buy. But so far, he has struck out. “I’m looking
