All Blog Entries by Melissa Miller

Found 3 blog entries published by Melissa Miller.

Over the last several years, home sellers throughout Los Angeles and the entire country have had the upper hand as housing demand has steadily increased with an improved economy and as home builders struggled to keep up with demand. This resulted in a seller's market where bidding wars and driving up home prices became a norm. But, things may be changing. Real estate data over the last 2 months in Los Angeles suggests that we may be entering into a buyer's market for the first time in years. Lets take a look at the data. 

1. Price Reductions 

In August, the data for Los Angeles real estate showed 16.5% of homes listed for sale were sold after price reductions. This isn't a huge number, however it is the highest percent in price reductions we

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Mortgage rates play a crucial role in the numbers of home loans disbursed by lenders across the nation. Even a slight increase in these rates has a profound impact on the number of people applying for mortgage loans. This is because any increase in interest rates increases EMI’s and the total amount of money the borrower repays to the lender in the long run. Increasing mortgage rates has a deep impact on the real estate industry in the long run.

Los Angeles has recorded a sharp decline in home loan originations

After hovering around the 4% mark for a long time until August 2017, mortgage rates across the nation crawled upwards and reached a level of around 4.5% in August 2018. According to Freddie Mac, these are the average mortgage rates given

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10 Activities to do this spring in Los Angeles:

   1.  The Getty

The Getty is located in Brentwood, Los Angeles. It was designed by Richard Meier and is one of the most spectacular places in Los Angeles to visit. The Getty is famous for its marble building architecture, which is surrounded by pools, fountains, and a circular garden overlooking Los Angeles. Get to the Getty by either hiking your way up or taking the funicular.

 2.    The Venice Canals

The Venice Canals were excavated from marshland in 1905 by a real estate developer who wanted to recreate the canals of Venice Italy. Los Angeles’ historic Venice Canals offer a taste of the real thing with quite side streets and gorgeous homes set amongst the canals. The Venice canals are the

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