New Multifamily Construction

by Jodi Summers Here are some statistics that don’t make Los Angeles proud…our City of the Angels has got the biggest disconnect between incomes and rents of anywhere in the country. Granted, we’ve made an effort. Between 1980 and 2010, Los Angeles County built the most out of any California county in the years. Despite […]

made the move

by Jodi Summers Article after article, research report after research report reveals the same conclusion: Los Angeles is now the most unaffordable rental market in the country. Let’s look at the one by researchers from the UCLA Luskin School of Public Affairs, which reached this conclusion based on an analysis of key factors. One revelation […]

ApartmentForRent

edited by Jodi Summers   Los Angeles is 48% homeowners and 52% renters. Renter majority is part of a national trend. Over the last 10 years the United States has lost 1 million net homeowner households and has gained an overwhelming 10 million rental households.   The renter trend has accelerated since the downturn, and […]

Buying is 16 percent cheaper

by Jodi Summers Los Angeles has the fourth highest median rents in the country. Around town, “price per bedroom” is $1,450…with the median doubling to $3,000 in the most expensive beach neighborhoods. As expected, rents on coasts are higher than the middle of the country. Analysis from rental website Zumper concludes that the most expensive […]

by Jodi Summers If you want to buy apartment properties on the Westside of Los Angeles in the first quarter of 2015, here’s what you need to know – Large cash reserves will dominate deal flow – for right now. “Investors attempting to acquire assets in the Westside Cities will have to stretch to outbid […]

by Jodi Summers If you’ve purchased a multifamily property in Los Angeles is the past few years, your real estate investment has increased in value. Effective rents have soared since the downturn, making turnover significantly more profitable. We are not alone. Throughout the country, valuations on apartment properties have been on an upward trajectory, pushing […]