(310) 569-1335

the collective Realty

Monthly Archives: August 2020

L.A. County home sales jumped 34.6% in July

Posted on August 26, 2020 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

Southern California’s housing market surged in July, as buyers plowed into the market despite the overall economic uncertainty. Home sales and home prices rose from June to July, according to the Los Angeles Times, with Southern California largely mirroring national trends. Sales of new and existing homes in Los Angeles County and the five others in the […]

Continue reading

Mortgage Rates in August

Posted on August 19, 2020 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage averaged 2.96 percent in mid-August 2020. “Homebuyer demand remains strong, especially for those in search of an entry-level home where the improvement in affordability via lower mortgage rates has a material impact,” said Sam Khater, Freddie Mac’s Chief Economist. “Even with this […]

Continue reading

Southern California housing, Slowest sales and highest prices

Posted on August 11, 2020 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

Southern California house hunters, challenged by a pandemic, bought the fewest homes in any June on record while record-low mortgage rates helped push the median selling price to an all-time high. DQ News/CoreLogic reported on Wednesday, July 22 that buyers closed purchases of 17,678 residences — existing and newly built — in June in the […]

Continue reading

Los Angeles County home prices up by 4%

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

A new housing report shows Southern California home prices continued to rise in June, thanks to low mortgage rates and a constrained supply of homes for sale. Los Angeles County single-family home sellers experienced an average gain of 4% over prices in June 2019, a same-home sales comparison by CoreLogic showed Tuesday, Aug. 4. L.A. […]

Continue reading