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Exclusive real estate news and insights from Southern California and beyond.

Pacific Palisades: Schools

Pacific Palisades is a beautiful residential community West of Los Angeles right next to the gorgeous Santa Monica Bay and Santa Monica Mountains.

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California Home Prices Continue to Rise

The news just keeps getting better for the California housing market, especially for Sellers. The LA Times reports on data that indicates a 5-year increase in sales prices.

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Sellers: It’s Your Market!

Interested in selling your home? This is one of the best times to do so before the rest catch on as the economy strengthens and the market becomes saturated. Watching

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Shiller Doubts the American Dream

Robert Shiller, perhaps best known for co-inventing the Case-Shiller Home Price Index, says the American dream of building wealth through homeownership is a fallacy.

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Buyer’s Market on the Horizon

The LA Times posted that while this isn’t quite a buyer’s market yet due to limited inventory, it will be different in a few years after investors need to start putting these purchases back on the market.

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Rising Mortgage Interest Rates

Forbes.com has an interesting article on rising mortgage rates and the impact on the housing market. While the increases still seem relatively low in comparison to what they were a few years ago, the rise is steady and is indicative of the trend in the mortgage industry.

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Top 10 Booming Cities

CNN Money has listed its Top 10 Booming Cities and Los Angeles is #3 on the list. This is good to read since Southern California was one of the hardest hit as far as foreclosures and mortgage reform.

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US Home Appreciation Value on Consistent Rise

Good news for home owners — released real estate reports state that the U.S. home appreciation value has consistently risen for 6 straight months, above 5% each month. Further, for investment owners, this means that rents have consistently gone up as well.

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Future Housing Tax Treatment

Very interesting article about the future of our housing market and its impacts to the tax treatment of housing. One of the facts I found most interesting is that only 3 of 4 homeowners — 25% of all taxpayers — claim the Mortgage Interest Deduction (MID). More so, that number is almost equal to those that claim charitable contributions!

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