Author Archive: OCHN Contributor

Orange County housing market report: June 2016 Historically, properties in this market sell at a 0.6% premium. Today's discount is 5.9%. This market is 6.5% undervalued. Median home price is $609,100 with a rental parity value of $648,800. This market's discount is $39,700. Monthly payment affordability has been improving over the last 4 month(s). Momentum suggests improving affordability. Resale prices on a $/SF basis increased from $399/SF to $400/SF. Resale prices have been rising for 11 month(s). Over the last 12 months, resale prices rose 5.9% indicating a longer term upward price trend. Median rental rates increased $13 last month from $2,790 to $2,803. The current capitalization rate (rent/price) is 4.4%. Rents have been rising for 12 month(s). Price momentum…[READ MORE]

San Bernardino County Housing Market Report: May 2016 Historically, properties in this market sell at a 25.7% discount. Today's discount is 35.9%. This market is 10.2% undervalued. Median home price is $282,500 with a rental parity value of $449,500. This market's discount is $167,000. Monthly payment affordability has been improving over the last 2 month(s). Momentum suggests improving affordability. Resale prices on a $/SF basis increased from $187/SF to $188/SF. Resale prices have been rising for 3 month(s). Over the last 12 months, resale prices rose 8.8% indicating a longer term upward price trend. Median rental rates increased $31 last month from $1,887 to $1,918. The current capitalization rate (rent/price) is 6.5%. Rents have been rising for 12 month(s). Price…[READ MORE]

Riverside County Housing Market Report: May 2016 Historically, properties in this market sell at a 18.5% discount. Today's discount is 27.4%. This market is 8.9% undervalued. Median home price is $314,800 with a rental parity value of $438,600. This market's discount is $123,800. Monthly payment affordability has been improving over the last 3 month(s). Momentum suggests improving affordability. Resale prices on a $/SF basis increased from $178/SF to $178/SF. Resale prices have been rising for 6 month(s). Over the last 12 months, resale prices rose 6.4% indicating a longer term upward price trend. Median rental rates increased $26 last month from $1,845 to $1,872. The current capitalization rate (rent/price) is 5.7%. Rents have been rising for 12 month(s). Price momentum…[READ MORE]

Los Angeles County Housing Market Report: May 2016 Historically, properties in this market sell at a 9.5% discount. Today's discount is 16.7%. This market is 7.2% undervalued. Median home price is $521,600 with a rental parity value of $624,800. This market's discount is $103,200. Monthly payment affordability has been improving over the last 3 month(s). Momentum suggests improving affordability. Resale prices on a $/SF basis declined from $417/SF to $416/SF. Resale prices have been falling for 1 month(s). Over the last 12 months, resale prices rose 7.6% indicating a longer term upward price trend. Median rental rates increased $0 last month from $2,666 to $2,666. The current capitalization rate (rent/price) is 4.9%. Rents have been rising for 12 month(s). Price…[READ MORE]

Orange County Housing Market Report: May 2016 Historically, properties in this market sell at a 0.6% premium. Today's discount is 6.3%. This market is 7.0% undervalued. Median home price is $601,600 with a rental parity value of $647,100. This market's discount is $45,500. Monthly payment affordability has been improving over the last 3 month(s). Momentum suggests improving affordability. Resale prices on a $/SF basis increased from $397/SF to $398/SF. Resale prices have been rising for 11 month(s). Over the last 12 months, resale prices rose 5.5% indicating a longer term upward price trend. Median rental rates increased $21 last month from $2,740 to $2,761. The current capitalization rate (rent/price) is 4.4%. Rents have been rising for 12 month(s). Price momentum…[READ MORE]

IRVINE, Calif., April 1, 2016 – OC Housing News Riverside County Housing Market Report: April 2016 Historically, properties in this market sell at a 18.5% discount. Today's discount is 25.8%. This market is 7.3% undervalued. Median home price is $309,700 with a rental parity value of $418,900. This market's discount is $109,200. Monthly payment affordability has been improving over the last 2 month(s). Momentum suggests improving affordability. Resale prices on a $/SF basis increased from $176/SF to $177/SF. Resale prices have been rising for 5 month(s). Over the last 12 months, resale prices rose 6.7% indicating a longer term upward price trend. Median rental rates increased $15 last month from $1,815 to $1,830. The current capitalization rate (rent/price) is 5.7%.…[READ MORE]

[caption id="attachment_45296" align="alignright" width="270"] 4.2.7[/caption] IRVINE, Calif., April 1, 2016 – OC Housing News Los Angeles County Housing Market News April 2016 Historically, properties in this market sell at a 9.5% discount. Today's discount is 15.8%. This market is 6.3% undervalued. Median home price is $513,100 with a rental parity value of $609,000. This market's discount is $95,900. Monthly payment affordability has been improving over the last 2 month(s). Momentum suggests improving affordability. Resale prices on a $/SF basis increased from $413/SF to $415/SF. Resale prices have been rising for 11 month(s). Over the last 12 months, resale prices rose 8.3% indicating a longer term upward price trend. Median rental rates increased $2 last month from $2,658 to $2,661. The…[READ MORE]

IRVINE, Calif., January 2, 2016 – OC Housing News Orange County Housing Market Report: January 2016 Historically, properties in this market sell at a 0.6% premium. Today's discount is 3.5%. This market is 4.1% undervalued. Median home price is $594,700 with a rental parity value of $611,600. This market's discount is $16,900. Monthly payment affordability has been improving over the last 3 month(s). Momentum suggests improving affordability. Resale prices on a $/SF basis increased from $392/SF to $394/SF. Resale prices have been rising for 11 month(s). Over the last 12 months, resale prices rose 5.1% indicating a longer term upward price trend. Median rental rates declined $8 last month from $2,750 to $2,741. The current capitalization rate (rent/price) is 4.4%.…[READ MORE]

IRVINE, Calif., March 1, 2016 – OC Housing News   San Bernardino County Housing Market Report: March 2016 Historically, properties in this market sell at a 25.7% discount. Today's discount is 32.1%. This market is 6.5% undervalued. Median home price is $279,600 with a rental parity value of $420,200. This market's discount is $140,600. Monthly payment affordability has been worsening over the last 3 month(s). Momentum suggests worsening affordability. Resale prices on a $/SF basis declined from $183/SF to $183/SF. Resale prices have been falling for 4 month(s). Over the last 12 months, resale prices rose 7.0% indicating a longer term upward price trend. Median rental rates increased $0 last month from $1,829 to $1,829. The current capitalization rate (rent/price)…[READ MORE]

IRVINE, Calif., March 1, 2016 – OC Housing News   Riverside County Housing Market Report: March 2016 Historically, properties in this market sell at a 18.5% discount. Today's discount is 24.7%. This market is 6.1% undervalued. Median home price is $306,200 with a rental parity value of $414,000. This market's discount is $107,800. Monthly payment affordability has been improving over the last 1 month(s). Momentum suggests unchanging affordability. Resale prices on a $/SF basis increased from $175/SF to $175/SF. Resale prices have been rising for 4 month(s). Over the last 12 months, resale prices rose 6.7% indicating a longer term upward price trend. Median rental rates increased $4 last month from $1,798 to $1,802. The current capitalization rate (rent/price) is…[READ MORE]

Monthly Housing Report

In Memoriam: Tony Bliss 1966-2012
cll_games

Search

Archives