Most experts predict a modest price recovery in the Southern California housing market during 2013. Not Bruce Norris. The Inland Empire investor says get ready for a 20 percent price spike by this time next year. It's a bold prediction, but worth listening to because...
As of Jan. 1, property managers and landlords in California are required to disclose in writing to any prospective tenants if a notice of default has been recorded against the property. The law applies to rentals of single-family homes and apartment buildings of no...
With the housing market showing signs of stabilizing, investors are turning back to real estate. And an increasing number of affluent savers have been using their retirement accounts to purchase homes, rental apartments, and other properties. Done properly, such a...
An excellent thought regarding the increase in pricing: The run-up in prices caught the attention of Dean Baker, co-director of the Center for Economic Policy and Research in Washington, who regarded the trend as “serious grounds for concern that these markets are...
Hat tip to Kingside for sending this along: Remember the days when residential real estate gained equity each year? It’s happening again in California, and a year from now homeowners could see as much as a 20 percent increase in the median price of homes across the...
This was on the bubbleinfo twitter a couple of days ago, but this excerpt deserves specific attention for those who are wondering who is creating the floor in the market: Blackstone, the world’s largest private-equity firm, has spent about $1.5 billion on 10,000...
When it comes to flipping a 10,000-square-foot mansion on a prime piece of Santa Monica real estate, a simple open house with hors d'oeuvres and soothing background music has apparently become blase. In what city staff calls "a new kind of commercial activity for...
Here is the 59-minute video of the discussion from the recent Zillow Forum On California Housing - the title of this discussion is: Is it a Good Time to Buy in California?: The Housing Market’s New Normal I agreed with Mark around the 41-minute market that we are...
From David D. at FDL: Analysts have tried to parcel out whether QE3 will really help the economy. The way almost everyone looks at this is about the impact on housing, specifically mortgage prices. But mortgage rates haven’t changed at all since the announcement of...
From the wsj.com: LITHONIA, Ga.—On a muggy morning earlier this month, Paul Fuhrman pried the screen off a window to get into a two-story house in this Atlanta suburb. It was just another day's work for the 43-year-old executive at private-equity firm Colony Capital...
