Now's the Time to Keep Up with the Joneses

Now’s the Time to Keep Up with the Joneses

shannonjones Buying a Home , Featured Articles , Real Estate , Selling a Home Leave a Comment

No matter how much you love your house, there’re always moments of uncertainty about whether you and your property are still on the same page when it comes to wants, needs, and dreams. Does your current house fit your current (or aspired to) lifestyle? Is there enough room for your current family or any additional members you might be planning? Does …

Boomerang Buyers Boost Seller's Market

Boomerang Buyers Boost Seller’s Market

shannonjones Featured Articles , Real Estate , Selling a Home Leave a Comment

You’ve  likely heard that the current housing climate is a strong seller’s market. Inventory is low and buyer demand is high, often giving sellers a large pool of buyers and multiple offers when they choose to list their home. Still, many homeowners can remain on the fence about whether or not now is the time to put their house on the …

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Southland Home Prices Keep Rising

shannonjones Featured Articles , Real Estate Leave a Comment

Home Prices Hit Record Again Across Southern California, home prices hit record highs in June and they keep going up, according to a report released this week by CoreLogic. In Los Angeles County, the median home price in June jumped 7.4% from a year earlier to $569,000 in June, breaking the previous record that was set in May. In Orange …

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Are We In A Housing Bubble?

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3 Reasons To Believe We’re Not In A Housing Bubble With housing prices appreciating at levels that far exceed historical norms, some are fearful that the market is heading for another housing bubble. To alleviate that fear, we just need to look back at the reasons that caused the bubble ten years ago. Last decade, demand for housing was artificially …

Are Millennials Finally Entering the Market?

Are Millennials Finally Entering the Market?

shannonjones Real Estate Leave a Comment

Are Millennials finally ready for a place of their own? It appears that Millennials are finally beginning to enter the housing market. In a recent report, CoreLogic looked at the annual net change in household formations over the last decade (see graph below): It appears this is the year that Millennials are finally moving out of their parents’ basements and finding …

housing bubble

What Is A Housing Bubble?

shannonjones Featured Articles , Real Estate Leave a Comment

Is A Housing Bubble Forming? The recent talk of Greece and its financial challenges has some questioning whether the U.S. could also return to the crisis we experienced in 2008. Some are looking at the rise in real estate values and wondering whether we are in the middle of another housing price bubble. What actually is a price bubble? Here …