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Los Angeles Real Estate Update for Summer 2011

It has been another eventful half year in real estate. Following are some statistics and opinions from the marketplace. The dominant theme, consistent for the last few years, is the lack of quality supply. We’ve had a very low amount of invento...

Carbon Monoxide Detectors Now Required in California Homes

California recently instituted a new law declaring carbon monoxide detectors mandatory to be installed in homes. Carbon monoxide is a gas which a person cannot see or smell, but can be dangerous and fatal. Carbon monoxide detectors must be installed ...

Renters May Be Next Victims of the Housing Market

There hasn’t been any meaningful construction of new properties in years, so the pool of rentals is drying up. That combined with a large pool of vacant homes has stretched the rental market. Expect rents to start trending upwards as the econom...

REO Buying Opportunities to Come

Expect to see more buying opportunities are REOs are pumped out by Bank of America. A settlement was just recently announced in the class action suit against BofA. As part of the settlement deal, BofA will speed up the foreclosure process on the loan...

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