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NAR Quarterly Report: Nearly All Home Metro Areas Saw Rising Prices — RISMedia
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Home Prices In Palos Verdes Area Increased In Past Year: See How Much
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LONG BEACH, CA Higher home prices are here to stay, at least for the next couple of years, experts say.
The coronavirus pandemic helped push home prices higher, but it isn t the only factor responsible for the market shift. The number of homes listed for sale is at a historic low, meaning that supply is tight. Meanwhile, demand has increased because of historically low mortgage interest rates and because a large contingent of millennials is looking to buy their first homes.
Home prices in the Los Angeles-Long Beach-Glendale CA Metropolitan Division, which includes Los Angeles County, were up 10.5 percent for January 2021 compared with January 2020, according to the CoreLogic Case-Shiller Index, an oft-quoted measure of price movements over time.
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BRENTWOOD, CA Higher home prices are here to stay, at least for the next couple of years, experts say.
The coronavirus pandemic helped push home prices higher, but it isn t the only factor responsible for the market shift. The number of homes listed for sale is at a historic low, meaning that supply is tight. Meanwhile, demand has increased because of historically low mortgage interest rates and because a large contingent of millennials is looking to buy their first homes.
Home prices in the Los Angeles-Long Beach-Glendale CA Metropolitan Division, which includes Los Angeles County, were up 10.5 percent for January 2021 compared with January 2020, according to the CoreLogic Case-Shiller Index, an oft-quoted measure of price movements over time.
All of JoeBama’s economic policies mirror the Obama-Biden economic issues. Underline it; emphasize it; note the pattern. The policies that intentionally held down the U.S. economy during the Obama administration are once again being duplicated. It’s Déjà vu all over again.
JoeBama’s energy policy is crushing jobs in key regions where energy jobs are being lost in dramatic fashion. Simultaneously the costs of energy, including gas, are skyrocketing.
The longer-term costs have not yet hit the consumer, but they will soon as inflation will jump dramatically while employment will continue to struggle because consumer demand will drop… The issues create a cascading cycle.
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