For the better part of the last half century, Los Angeles has been known as a city plagued by urban sprawl. Los Angeles County spans over 500 square miles and houses nearly 3.9 million people, making it home to the second largest metropolitan area in the United States. This sprawl is due to a high level… Continue Reading Why is Los Angeles so Pricey? Blame the Low Vacancy
Tag: Residential Price Indices
Home Price Indices, Sales and Economic Releases for February
United States economic data released the past week provided ups and downs for investors across all sectors, including key information for real estate in Q4 2015. The releases started on Tuesday, February 23 with Existing Homes Sales, then New Home Sales on Wednesday, and finished with GDP on Friday. On the whole, investors have reasons to be… Continue Reading Home Price Indices, Sales and Economic Releases for February