Calculated Risk: Real House Prices and Price-to-Rent

Have you checked out Calculatedrisk.blogspot.com? Today's post has lots of info about the national real estate market. Check out the graphs here -- they basically say that we're back to year 2001 as far as price appreciation goes.
Calculated Risk: Real House Prices and Price-to-Rent: Case-Shiller, CoreLogic and others report nominal house prices. However it is also useful to look at house prices in real terms (adjusted fo...

Home sale decline numbers - calm down, everybody

I'm sure nobody has missed the latest headlines -- real estate prices are down.  And not to put a glossy spin on this, BUT: Los Angeles is only down 1.7% from March 2010.  Remember, all real estate is local (property investors and flippers are out in full force right now).  The good news is that the national bad news has caused interest rates to go down, still, again. I personally am seeing many buyers in all price ranges in Studio City, Burbank, Encino, North Hollywood, etc. So please, don't anybody panic!

L.A. Times and Case-Shiller say it's officially a double dip. Buyers, here's your chance.

This comes as no surprise to those of us "on the street," but housing price gains in the last year have been erased. Article link here.  L.A. has dropped 1%.  Not to be too rah-rah, but buyers, here's your chance to buy at low prices and low interest rates.