Tag Archives: Chief Economist

Home Prices Rise Countywide

A monthly report by the California Association of Realtors has shown that median home prices in Los Angeles County drastically increased in June. Homes sales rose modestly, according to the data. The report on inventory and price activity, released Thursday, pointed … Continue reading

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Realtors Slam Lack of HUD Funds in Foreclosure Deals

Page 1 of 3 | Next PageShow Entire Article Today’s bullish report on pending home sales came with a caveat from the Realtors: “If banks would simply return to normal, sound underwriting standards and begin lending to more creditworthy borrowers, … Continue reading

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Existing Home Sales Fall Less Than Expected

Page 1 of 3 | Next PageShow Entire Article Sales of existing homes fell 3.8 percent in May, not as deep a drop as some had forecast, to a seasonally adjusted annual rate of 4.81 million units. April’s figure was … Continue reading

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With No Credit, Housing Investors Dig Deep

Page 1 of 4 | Next PageShow Entire Article Nothing like getting to work on a Monday morning and finding no fewer than four dismal reports on the housing market in my “Inbox.” It’s not like anyone thought housing recovered … Continue reading

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Lack of Mobility Hurts Job Recovery

Page 1 of 2 | Next PageShow Entire Article The hallmark of the American labor market, and consequently the wider economy, has long been the mobility of our work force. From “going West” to “teleworking,” we go where the jobs … Continue reading

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