Housing prices in greater Los Angeles rose 4.8% from the prior quarter while sales improved by 6.5% with houses staying on the market an average of five days. The median price for a housing unit (houses and condos) was $938,000 during the second quarter. Total sales in the quarter was 2,865.
Two powerful trade associations slammed the GOP’s tax plan on Thursday, saying the reduction of a key benefit for homeowners could hurt the market.
It appears that the pace of new home sales in Orange County is pulling back from its once rapid pace. With a low supply and strong demand dynamic, homebuilders had
In releasing a state spending plan for the next fiscal year, Gov. Jerry Brown revisited efforts to increase new housing through legislation that would streamline permitting and create incentives for
