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National Association of Realtors (NAR)

Housing and the Senate Tax Plan: What Now?

DIGS December 4, 2017
According to RisMedia, members of the real estate industry are responding to the passage of the Senate tax plan, which chiefly includes a 20 percent corporate tax rate—down from 35 percent—and reduced rates for families and individuals over the next seven years. The development follows the House passage of its own plan in November.
Contemporary home shaped for two

12 States Hit Price Peaks; National Median Sales Price Up 38% in Past 5 Years

DIGS September 6, 2017
According to Black Knight Financial Services Home Price Index (HPI), home price gains set another new record in June 2017, rising 0.9% from Many and 6.2% year-over-year. Moving into July, CoreLogic recently reported that home prices measured by HPI were up 6.7% on an annual basis and increased 0.9% from June.

Home Prices Hit Another All-time High in June, Increasing 5.8% Year-over-year

DIGS August 30, 2017
According to the most recent Case-Shiller Home Price Index, home prices hit another all-time high in June, increasing 5.8% year-over-year. The index, which covers all nine U.S. census divisions, established a new peak for the seventh consecutive month. Although home prices were generally expected to begin cooling by now, don’t bet on a home price reversal just yet. The National Index reached a new high of 192.60, up from last month’s peak high of 190.61 and Los Angeles had the highest index reading at 263.57.

Home Prices Increase in 48 States in 2nd Quarter 2017

Warren Dow August 23, 2017
US home prices saw a 1.7% increase in Q2 2017, rising 6.6% from the previous year, according to FHFA’s House Price Index. New home sales are climbing, but low inventory has driven prices up for six years.

iBuyers & Wall Street: A New Era in Real Estate Investment

Warren Dow July 20, 2017
The emergence of “iBuyers,” institutional investors utilizing technology to become the largest purchasers of Americans’ most significant assets, could significantly influence real estate market dynamics, including pricing and commission rates. The iBuyer trend is still in its infancy, but it is set to revolutionize the real estate industry, driven by a drive to make the home-selling process more efficient and lucrative.

Cash Home Sales Down Sharply

Warren Dow June 30, 2016
According to a recently released report by CoreLogic, a third of home sales in March were all-cash transactions, which was a sharp decrease of 2.8% from February.
digs, south bay digs, magazine, issue 119, October 23, 2015

South Bay Digs • October 23, 2015

DIGS October 23, 2015
ON THE COVER is a modern plantation-style entertainer’s paradise in Manhattan Beach offered by Raju Chhabria of Shorewood Realtors. In this edition of South Bay DIGS Magazine discover Los Angeles luxury homes and celebrity homes for sale and top agents that represent them.
digs, south bay digs, magazine, issue 117, September 25, 2015

South Bay Digs • September 25, 2015

DIGS September 25, 2015
ON THE COVER is 3223 The Strand in Hermosa Beach offered by Kristen Novoa of Vista Sotheby’s International Realty. In this edition of South Bay DIGS Magazine discover Los Angeles luxury homes and celebrity homes for sale and top agents that represent them.
digs, south bay digs, magazine, issue 114, August 14, 2015

South Bay Digs • August 14, 2015

DIGS August 14, 2015
What’s happening in the local housing market? Manhattan Beach continues to lead the South Bay with a 53.95%% median sales price increase since 2011, but South Redondo Beach also stands out with a 52.77% increase.