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Market Update Category

Housing Market reacts to 4.8 Million New Jobs in June

Posted on July 6, 2020 by Anthony Vulin in Market Update, Real Estate, Uncategorized

In a big surprise this week, U.S. employers added a much-larger-than-expected 4.8 million workers to payrolls last month. According to data from the Bureau of Labor Statistics, the U.S. unemployment rate also fell to 11.1 percent. Market reaction was swift from U.S. housing industry association experts on the surge in job creation in June 2020.  […]

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How Resilient Is the Housing Market?

Posted on June 29, 2020 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

The housing market is recovering much faster than most other sectors in the economy in the current recession. But will it last? Unemployment remains high—at around 13%—and economic forecasters predict unemployment likely will remain elevated for the remainder of the year. However, economists believe housing will be able to weather most of the economic storm. […]

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Getting around LA safely during the coronavirus outbreak

Posted on March 23, 2020 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

Amid an outbreak of novel coronavirus, local officials have ordered Los Angeles County residents to stay at home, unless engaging in “essential activities.” Still, whether stocking up on groceries or commuting to jobs deemed “essential,” many people still need to get around the city. If you’re wondering how best to do that, here’s a rundown of the […]

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Democrats plan to help low-income renters who are struggling and here’s how

Posted on February 25, 2020 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

The affordable housing crisis is affecting almost everyone in America. First-time middle-class homebuyers can’t afford to buy homes. High-income earners in expensive coastal markets have trouble making rent. Low-income earners struggle with rent everywhere. This has made housing affordability a national election issue for the first time in decades. Democratic candidates for president have released detailed housing plans that attack the problem from a number […]

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Why California’s Up Zoning Bill Failed

Posted on February 10, 2020 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

As you glide westward on the light-rail train that travels from Downtown Los Angeles to Santa Monica, there’s a place where it feels like you’re traveling somewhere in the south of France. From the windows of the E Line (formerly known as the Expo Line), the bustling LA streets give way to pastel stucco homes […]

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Opinion: Smaller Units Mean More Housing That Is Less Expensive

Posted on February 4, 2020 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

We are in the midst of an affordable housing crisis where The Crown on Kings Road in West Hollywood is asking over $2,500 for a 400-square-foot studio apartment and most people can’t afford it. It’s not ok for a city to have an entry-level rental that so many people just can’t afford. Something has to […]

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Los Angeles encourages developers to build housing closer to transit areas

Posted on January 28, 2020 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

A proposal out of Sacramento to put denser housing near transit has divided Californians. But a similar program is already underway in the city of Los Angeles. It’s an incentive program called “Transit-Oriented Communities,” and it’s encouraging developers to build more housing units—including affordable ones available to tenants with qualifying incomes—near major public transportation stops. Experts agree that […]

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So, you want to move to LA? Here are a few things you should know

Posted on January 21, 2020 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

First thing first, LA is massive. This fact informs nearly all of the advice that follows. The city of Los Angeles is about half the size of Rhode Island and is home to more than 4 million people. That’s just the city of LA.  There are 87 other cities in Los Angeles County. Many of them, including […]

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Home prices grew the most in the past years in these LA neighborhoods

Posted on January 6, 2020 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

In 2015, Chris Pouy’s realtor told him West Adams would be the next “it” neighborhood. Once he checked it out for himself, he didn’t have to be convinced. Central to the Westside and Downtown LA, its streets are lined with tall, bending palm trees and dotted with charming bungalows fronted by grassy lawns. Pouy owned a loft […]

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FHA Loan Limit Increase for 2020

Posted on December 10, 2019 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

The Federal Housing Administration announced that it is increasing its loan limit for most of the country in 2020. The 2020 FHA loan limit will be $331,760—a $17,000 increase from 2019’s loan limit. In about 70 designated high-cost counties, the FHA’s 2020 loan limit will climb to $765,600—a $40,000 increase from 2019. Alaska, Hawaii, Guam, […]

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