Los Angeles Rent map 2016

by Jodi Summers Expect the average rent on an apartment in much of Southern California will rise by at least $100 over the next two years, concludes the USC Casden Multifamily Forecast, released by USC’s Lusk Center for Real Estate. Beacon Economics prepared the report for USC, analyzing rents, housing supply and population growth in […]

title24-l

by Jodi Summers California’s green protocols will continue to influence green building. January 2017 will see the application of “Title 24,” building energy efficiency standards set forth by the California Energy Commission. The updated building energy efficiency should cut regulated energy use in new homes by 28% and save consumers $31 a month compared to […]

let us host

by Jodi Summers Do you want to know what rental prices at the beach have gotten so high? Short-term rentals have pushed up the demand and thus the price. The Los Angeles Alliance for a New Economy, a labor-backed advocacy group, estimates that more than 7,000 houses and apartments have been taken off the rental […]

so many trees

by Jodi Summers Here’s the latest cocktail party factoid – there are approximately 3.04 trillion trees on earth. This is about seven and a half more than originally thought and roughly 422 for every person noted the recent Yale University-led study which. Also surprising…and somewhat disconcerting, the total number of trees has plummeted 46% since […]

Lucky

by Jodi Summers If you own real estate, you’re lucky. Your portfolio value grew…no matter where you own, but especially if you live in California. In 2015, the value of all homes across the U.S. increased $1.1 trillion, growing 4.1% percent over the past year. At year end, the entire housing stock is expected to […]

JANUARY CALENDAR

by Jodi Summers As those in the real estate industry know, home prices fall in the cold, dark days of winter as buyers pay off the holiday spending spree, and stay warm watching football playoffs. According to sales data analysis of the Toronto housing market by TheRedPin.com realty service, home prices averaged $22,338 less in […]