Category: Uncategorized
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Check out my new listing Address: 7335 Kyle Tujunga, CA 91042
Don't miss out on the chance to visit this beautiful single-story Tujunga gem! The property features a sparkling in-ground pool with mountain views, and a generous 5,900 sq. ft. lot. The spacious 3 bedrooms and 3 full bathroom floor plan has been thoughtfully laid out across 1,313 sq. ft. of living space offering a turnkey…
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Office Conversions and Demolitions Will Exceed New Construction in 2025 For the First Time in Several Years, Aiding the Office Market Recovery
For the first time since at least 2018, more U.S. office space will be removed through demolition or conversion than added via new construction, signaling market stabilization. Nationally, 23.3 million sq. ft. will be removed versus 12.7 million sq. ft. added. Orange County will see a net office inventory reduction, with many office-to-multifamily conversions underway.…
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4% of Orange County Offices Are Becoming Housing Units
4.2M sq. ft. undergoing conversion or demo. 4% of total office supply affected.
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Southern California Housing Market: Prices and Forecast 2025
In May 2025, Southern California's housing market showed a slight cooling with home sales down 7.6% year-over-year and median prices rising 0.9% to $888,000. Inventory increased, signaling a shift toward a more balanced market, though still favoring sellers. High mortgage rates around 6.77% are limiting affordability. Price growth is expected to slow, with steady demand…
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California Home Sales Are Set to Rise 10 % in 2025
California home prices forecast to hit $909K in 2025, rising 4.6% year-over-year.Projected home sales to surge 10.5% in 2025, reaching 304,400 statewide.
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California: Among the Least Generous States for Renters
California has an avg rent of $2,555 /mo. The avg apartment size is 852 sq ft. Rent per sq ft comes to about $2.99. California is one of the most expensive states for renters. Renters face some of the highest rents in the country for moderate space.
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Housing Tracker: Southern California home prices dip in May
Southern California home prices slightly declined in May, marking the first annual drop since 2023, with an average price of $876,044, down 0.2% from a year earlier. Factors include high mortgage rates, rising inventory, and economic uncertainty. Rental prices fell in many areas but rose near recent fire zones, with notable increases in Pacific Palisades,…
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Will California Home Prices Stabilize by End-2025?
California’s home sales dropped below Great Recession levels, marking a prolonged slowdown since mid-2023. Experts predict flat or falling prices by year-end unless inventory grows far beyond current levels
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Home Prices Rise Slightly in LA Metro and Orange County
Home prices in Los Angeles and Orange County rose slightly in May, despite a 5.1% statewide drop in home sales, marking the lowest sales level in four months. The California median home price fell 1.1% to $900,170 but stayed above $900,000. Increased inventory and leveling prices offer good opportunities for buyers. Economic improvements could boost…
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Happy Fourth of July
To all great Americans around the world, a very Happy Fourth of July to you all. This day is incredibly significant as the day the United States officially became its own nation. Let’s celebrate America’s birthday with festivals, parades, fireworks and other festive activities.The 4th of July marks the day America became a country where…