Tag Archives: Gas Prices

California gas may hit $4 this weekend; LA and OC already there

The average retail price for a gallon of regular gasoline in California climbed an additional 5.9 cents overnight to $3.986, according to the AAA Fuel Gauge Report. The state’s average is almost certain to cross the $4-a-gallon mark sometime over … Continue reading

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Homebuilders Say Market Positives Trump High Gas Prices

Sales of newly built homes are still stumbling along at historically low levels, but builders claim they are beginning to see the light at the end of a very long tunnel. Sales may not be surging back, but in some … Continue reading

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Homebuilders Face New Hurdles

Builders are on track to construct the fewest single family homes in history this year. Total housing starts in July were down 1.7 percent, month to month, which may not sound like a lot, but when you break the number … Continue reading

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Home Builders Face New Hurdles

Builders are on track to construct the fewest single family homes in history this year. Total housing starts in July were down 1.7 percent, month to month, which may not sound like a lot, but when you break the number … Continue reading

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Consumer Prices Reflect Growing Rental Market

What does the consumer price index (CPI) have to tell us about the future of the housing market? Apparently a lot. Let me first explain a few things for those of you housing types who don’t follow this monthly number. … Continue reading

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Home Builders Still in the Woods

The best number out of today’s report on sales of newly built homes is not the 7.3 percent bump up in signed contracts, it’s the drop in inventories to a 6.5 month supply. That number is based on a quicker … Continue reading

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Home Sales Down In April

Southern California home sales fell to the lowest level in three years for the month of April, according to DataQuick who monitors real estate activity nationwide. Distressed sales, Foreclosures and Short Sales, were down slightly. April marked the 10th consecutive … Continue reading

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Report: Nearly half of housing market is made up of distressed properties – U

A new report indicates approximately half of the national housing market is made up of distressed properties, the latest indication that the real estate industry has yet to fully recover. According to a Campbell/Inside Mortgage Finance Housing Pulse Tracking Survey, … Continue reading

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In California, Strategy as Tough as Traffic

“I only stopped here because I’m running on empty,” said Maura Trejo, a real estate agent. “You’d have to be pretty silly to fill up here. What a waste of money.” It was substantially better but still pricey across the … Continue reading

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Housing Rental Rates Expected to Fall in Los Angeles County

LOS ANGELES (KTLA) — While rental costs are expected to stay steady throughout most of Southern California, renters in Los Angeles can expect to see prices tip more in their favor. According to a study released this week from the … Continue reading

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