Author Archive: OCHN Contributor

IRVINE, Calif., March 1, 2016 – OC Housing News   Los Angeles County Housing Market News March 2016 Historically, properties in this market sell at a 9.5% discount. Today's discount is 14.7%. This market is 5.2% undervalued. Median home price is $508,700 with a rental parity value of $605,500. This market's discount is $96,800. Monthly payment affordability has been improving over the last 1 month(s). Momentum suggests unchanging affordability. Resale prices on a $/SF basis increased from $410/SF to $411/SF. Resale prices have been rising for 11 month(s). Over the last 12 months, resale prices rose 7.7% indicating a longer term upward price trend. Median rental rates increased $2 last month from $2,633 to $2,636. The current capitalization rate (rent/price)…[READ MORE]

IRVINE, Calif., March 1, 2016 – OC Housing News   Orange County Housing Market Report: March 2016 Historically, properties in this market sell at a 0.6% premium. Today's discount is 4.2%. This market is 4.8% undervalued. Median home price is $591,100 with a rental parity value of $625,700. This market's discount is $34,600. Monthly payment affordability has been improving over the last 1 month(s). Momentum suggests unchanging affordability. Resale prices on a $/SF basis declined from $395/SF to $395/SF. Resale prices have been falling for 1 month(s). Over the last 12 months, resale prices rose 5.3% indicating a longer term upward price trend. Median rental rates declined $16 last month from $2,740 to $2,723. The current capitalization rate (rent/price) is…[READ MORE]

IRVINE, Calif., February 1, 2016 – OC Housing News San Bernardino County Housing Market Report: February 2016 Historically, properties in this market sell at a 25.7% discount. Today's discount is 31.4%. This market is 5.7% undervalued. Median home price is $279,600 with a rental parity value of $407,600. This market's discount is $128,000. Monthly payment affordability has been worsening over the last 2 month(s). Momentum suggests worsening affordability. Resale prices on a $/SF basis declined from $184/SF to $184/SF. Resale prices have been falling for 3 month(s). Over the last 12 months, resale prices rose 7.2% indicating a longer term upward price trend. Median rental rates declined $9 last month from $1,812 to $1,803. The current capitalization rate (rent/price) is…[READ MORE]

IRVINE, Calif., February 2, 2016 – OC Housing News Riverside County Housing Market Report: February 2016 Historically, properties in this market sell at a 18.5% discount. Today's discount is 23.5%. This market is 5.0% undervalued. Median home price is $305,500 with a rental parity value of $403,100. This market's discount is $97,600. Monthly payment affordability has been worsening over the last 1 month(s). Momentum suggests unchanging affordability. Resale prices on a $/SF basis increased from $174/SF to $175/SF. Resale prices have been rising for 3 month(s). Over the last 12 months, resale prices rose 5.9% indicating a longer term upward price trend. Median rental rates declined $2 last month from $1,785 to $1,783. The current capitalization rate (rent/price) is 5.6%.…[READ MORE]

IRVINE, Calif., February 1, 2016 – OC Housing News Los Angeles County Housing Market News February 2016 Historically, properties in this market sell at a 9.5% discount. Today's discount is 14.0%. This market is 4.4% undervalued. Median home price is $507,100 with a rental parity value of $594,700. This market's discount is $87,600. Monthly payment affordability has been worsening over the last 1 month(s). Momentum suggests unchanging affordability. Resale prices on a $/SF basis increased from $408/SF to $410/SF. Resale prices have been rising for 11 month(s). Over the last 12 months, resale prices rose 5.7% indicating a longer term upward price trend. Median rental rates declined $2 last month from $2,633 to $2,630. The current capitalization rate (rent/price) is…[READ MORE]

IRVINE, Calif., February 1, 2016 – OC Housing News Orange County Housing Market Report: February 2016 Historically, properties in this market sell at a 0.6% premium. Today's discount is 3.1%. This market is 3.8% undervalued. Median home price is $593,600 with a rental parity value of $615,800. This market's discount is $22,200. Monthly payment affordability has been worsening over the last 1 month(s). Momentum suggests unchanging affordability. Resale prices on a $/SF basis increased from $394/SF to $394/SF. Resale prices have been rising for 11 month(s). Over the last 12 months, resale prices rose 5.3% indicating a longer term upward price trend. Median rental rates declined $16 last month from $2,740 to $2,723. The current capitalization rate (rent/price) is 4.4%.…[READ MORE]

The OC Housing News published its monthly housing market report, covering resale home prices and rental rates across Southern California. IRVINE, Calif., January 2, 2016 – OC Housing News Riverside County Housing Market Report: January 2016 Historically, properties in this market sell at a 18.5% discount. Today's discount is 23.5%. This market is 4.9% undervalued. Median home price is $306,900 with a rental parity value of $397,300. This market's discount is $90,400. Monthly payment affordability has been improving over the last 3 month(s). Momentum suggests improving affordability. Resale prices on a $/SF basis increased from $172/SF to $173/SF. Resale prices have been rising for 2 month(s). Over the last 12 months, resale prices rose 4.9% indicating a longer term upward…[READ MORE]

The OC Housing News published its monthly housing market report, covering resale home prices and rental rates across Southern California. IRVINE, Calif., January 2, 2016 – OC Housing News San Bernardino County Housing Market Report: January 2016 Historically, properties in this market sell at a 25.7% discount. Today's discount is 32.2%. This market is 6.6% undervalued. Median home price is $280,200 with a rental parity value of $406,600. This market's discount is $126,400. Monthly payment affordability has been worsening over the last 1 month(s). Momentum suggests unchanging affordability. Resale prices on a $/SF basis increased from $184/SF to $184/SF. Resale prices have been rising for 1 month(s). Over the last 12 months, resale prices rose 7.0% indicating a longer term…[READ MORE]

The OC Housing News published its monthly housing market report, covering resale home prices and rental rates across Southern California. IRVINE, Calif., January 2, 2016 – OC Housing News Los Angeles County Housing Market News January 2016 Historically, properties in this market sell at a 9.5% discount. Today's discount is 14.2%. This market is 4.7% undervalued. Median home price is $507,300 with a rental parity value of $589,300. This market's discount is $82,000. Monthly payment affordability has been improving over the last 3 month(s). Momentum suggests improving affordability. Resale prices on a $/SF basis increased from $407/SF to $409/SF. Resale prices have been rising for 10 month(s). Over the last 12 months, resale prices rose 5.4% indicating a longer term…[READ MORE]

The OC Housing News published its monthly housing market report, covering resale home prices and rental rates across Southern California. 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…[READ MORE]

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In Memoriam: Tony Bliss 1966-2012
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