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Between 1987 and 1999, which is often referred to as the ‘Pre-Bubble Period,’ home prices grew at an average of 3.6% according to the Home Price Expectation Survey. Every month, the economists at CoreLogic release the results of their Home Price Insights Report, which includes the actual year-over-year change in prices across the country and …
Home ownership creates more wealth than a second job. Is Los Angeles one of the West Coast cities that have seen the biggest wealth gains? Recent home price gains in some parts of the country have been on par with salary of a 2nd full-time job, but without the work. In Downtown Los Angeles, that equity …
Continue reading “Home Values Are Rising by $200 a Day in Downtown Los Angeles”