Category Archives: Hollywood Hills Real Estate

Hollywood Hills homes and estates and mansions

Housing Market Enters 2015 Facing Affordability Pressures

By NICK  TIMIRAOS,  WSJ,  Jan. 1, 2015 1:34 p.m. ET   The U.S. housing market failed to provide the lift to the economy over the past year that many analysts expected. It enters a new year with few signs pointing … Continue reading

Posted in Hollywood Hills Real Estate | Leave a comment

U.S. Renters Paid $441 Billion in Rent in 2014, Up Nearly $21 Billion Since 2013

Total Rent Paid By The Largest 25 Metros Covered by Zillow* Metro Cumulative 2013 Rent Cumulative 2014 Rent Percent Change 2013-2014 Monthly Payment Change 2013-2014iii United States $420.4 billion $441 billion 4.9% $26 New York-Northern New Jersey $48.2 billion $50 … Continue reading

Posted in Hollywood Hills Real Estate | Leave a comment

America’s Housing Stock Increases $1.7 Trillion

          The housing market received both good and bad news as of late; the good news is that America’s housing stock is now worth $27.5 trillion, an increase of $1.7 trillion over last year.  The bad news is that U.S. … Continue reading

Posted in Hollywood Hills Real Estate | Leave a comment

Fed’s ‘Patience’ on an Interest Rate Increase Has Its Limits

By: Rich Miller Federal Reserve Chair Janet Yellen restored clarity to the central bank’s monetary policy plans, saying it was on course to raise interest rates, though not right away, after officials issued a statement that some Fed-watchers found confusing. … Continue reading

Posted in Hollywood Hills Real Estate | Leave a comment

Biggest Price Drop in Six Years Lifts U.S. Consumers: Economy

By Shobhana Chandra Prices paid by American consumers dropped in November by the most in almost six years, providing a boost to buying power that will propel economic growth. The cost of living fell 0.3 percent, the most since December … Continue reading

Posted in Hollywood Hills Real Estate | Leave a comment

US Fed Slashes Inflation Forecast for 2015

By CHRISTOPHER S. RUGABER, AP Economics Writer WASHINGTON (AP) — The Federal Reserve has sharply cut its forecast for inflation next year, saying it will remain far below its 2 percent target through 2015. The Fed said Wednesday that it … Continue reading

Posted in Hollywood Hills Real Estate | Leave a comment

Fannie Mae and Freddie Mac Unveil Mortgages with 3% Down Payment

By: Tim Logan The loans, unveiled Monday, reverse a trend of tighter lending standards by the government-sponsored mortgage giants since their taxpayer-financed bailouts. The programs allow only fixed-rate loans on single-family homes used as a primary residence. “We are hoping … Continue reading

Posted in Hollywood Hills Real Estate | Leave a comment

TransUnion: Mortgage Delinquency in 2015 Will Hit Lowest Since Recession

By: Trey Garrison TransUnion forecasts that the national mortgage delinquency rate will be 2.51% in 2015 – the lowest level since the start of the recession in the third quarter of 2007. They expect the rate to decline to 3.21% … Continue reading

Posted in Hollywood Hills Real Estate | Leave a comment

High-end Home Sales are Surging in Southern California

By Tim Logan, LA Times, December 12, 2014 By most measures, the housing market these days is a bit sluggish. Prices are flat. Sales are drooping. A lot of people are priced out.. But not everyone. The high end is … Continue reading

Posted in Hollywood Hills Real Estate | Leave a comment

The Latest On Consumer Inflation

By: Lawerence Yun Lower gasoline prices are contributing to low overall consumer price inflation. Low inflation in turn means interest rates can continue to remain at rock bottom rates.   However, one weighty component in consumer prices shows an accelerating trend: … Continue reading

Posted in Hollywood Hills Real Estate | Leave a comment