Socal Vida

02/13/2024

Always learning, expanding, and adding to our list of artillery…this is going to be an amazing year!

08/23/2022

Just a little market insight…😎👀

06/28/2022

Home prices in the 50’s 👀

This 1955 ad ($86k in today's dollars).

09/04/2021

Sometimes life takes you on journeys that come full circle...let life happen as it should. So, let’s continue the path and make it a greater story👍🏼👍🏼🔥🔥🔥🔥

07/30/2021

Always happy to help create a vision

07/30/2021

Always happy to help create a vision

07/28/2021

Congratulations to the new homeowners...the Gastelum/Balcarcel Family!! 🍾🏡🥂 🔑

05/18/2021

Reason why you never waive a home inspection. Termite inspections are no longer required to be paid for by the seller, but you can always ask the seller to inspect the house, or you as the buyer can pay for the inspection and negotiate repairs.💯💯💯💯💯💯💯 . .
Socal Real Estate 🏡 🔑 ⚒️ 🧰 . .
👉Follow & Share
👉Follow & Share
✅Turn On Post Notifications⠀
✅Turn On Post Notifications⠀
♦️Like | Comment | Share |

05/17/2021

HOUSING MARKET UPDATE 5/17/2021:

“Housing market gets sized up as prices skyrocket

Investors will be eyeing several housing market indicators this week, with the real estate sector seeing some of the fastest price growth in more than a decade. The National Association of Home Builders' monthly index will be published on Monday and is expected to hold steady at April's robust figure of 83. Building permits and housing starts figures released Tuesday are also forecast to stay strong, given a significant lift from buyer traffic, vaccinations, stimulus checks and the spring season.

Bigger picture: The numbers are expected to show resilient homebuilder confidence and buyer demand despite a near doubling of lumber prices and logistical supply issues. A lack of residential construction over the past decade, as well as pent-up demand from COVID-19 shutdowns, has unleashed a seller's market nationwide. According to the National Association of Realtors, the median price for a single-family home rose about 18% in March to a record high of nearly $335,000.

It's not only in the U.S.: Among the 37 OECD countries, real house prices climbed almost 7% between the fourth quarter of 2019 and the fourth quarter of 2020, marking the fastest year-on-year growth in the past two decades. "If you lock up the vast majority of the population for months, they [rapidly reassess] what they want from their homes," said Richard Donnell, research director at U.K. property platform Zoopla. It also didn't take long for a "race for space" to take hold as people were forced to transform their houses into offices and classrooms.

Outlook: "Borrowing remains cheap and, once borders reopen, foreign investors will provide even further impetus to property markets, where purchasing activity has been largely driven by domestic buyers," noted Kate Everett-Allen, head of international residential research at real estate consultancy Knight Frank. Economists also say it will take some time for construction to catch up to demand, especially for entry-level homes.”

05/16/2021

Los Angeles Expansion 💯💯💯

Steven Sharp, Co-founder and Editor of Urbanize LA talks with NBC4’s Conan Nolan about new projects coming to LA in 2020: A football stadium, an academy awa...

05/16/2021

A snapshot fo rents & home sales the past 4 years 🏡