Chinese Buyers at Home With the American Dream

It’s widely known that Asia’s wealthy like to invest in property. But the rich in China are scooping up homes in the U.S. at a higher rate than any other group of non-U.S. investors, not only to get a nice return on their money, but to live there. They are also spending a lot more on their homes than U.S. home buyers or their international peers: Chinese bought homes worth US$831,000 on average last year, far more than the average U.S. house price of US$256,000 or the average price of about US$500,000 paid by an international buyer, a late June study from the U.S.’s National Association of Realtors finds.  Click here to read more.             Continue reading

Highest rates in 9 months hits mortgage applications

Interest rates are finally coming up, and the number of mortgage and refinance applications has started to drop.  See what this means for your home buying and selling needs here.             Continue reading

5 Ways to Prep Your Home for the Spring Selling Season

Low interest rates and limited inventory make it a great market for sellers. If you're thinking of moving up this spring here are great tips to get your home ready to sell fast.             Continue reading

LA Market Update | Q1 2015

How is real estate performing in your neighborhood? I invite you to review Sotheby’s International Realty’s residential Market Update for Los Angeles. This Market Update provides data for targeted Los Angeles areas for Q1 2015, comparing current year with previous.Market data provided includes Average List Price, Average Sold Price, Average Monthly Supply of Inventory among others for 30 distinct Los Angeles market areas and is broken out by both Single Family Homes and Condominiums. Additionally, included is a brief analysis of the current trend in the Market Overview section of each area which provides information on the latest month. Click here to view the report.  Continue reading