Mark Ruff, Real Estate Broker

WRAPUP 1-US new home sales fall, but trend remains strong
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WRAPUP 1-US new home sales fall, but trend remains strong New home sales in the US fell 2.5% in June, but were still up 23.8% year-on-year. The median new house price dropped 4.0% year-on-year. The housing market is showing signs of stabilization, with an acute shortage of previously owned homes underpining demand. Despite rising mortgage rates, the Fed ra...

5 ways to tap into home equity
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5 ways to tap into home equity Home equity levels have increased rapidly over the last couple of years, due to an increase in home values, low inventory levels and high buyer demand. As of the first quarter of this year, 47% of mortgaged residential properties were considered equity-rich, meaning that homeowners have at least 50%...

LA County introduces Mortgage Relief for Mom-and-Pop Landlords
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LA County introduces Mortgage Relief for Mom-and-Pop Landlords The Los Angeles County Consumer and Business Affairs Department has introduced a Mortgage Relief program for Mom-and-Pop Landlords. To qualify for the program, property owners must meet certain criteria such as experiencing financial distress due to COVID-19, owning 1 to 4 units, owning the property...

S&P/Case-Shiller Home Price Index - Los Angeles Aug 2024
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S&P/Case-Shiller Home Price Index - Los Angeles Aug 2024 Customize MarketWatch allows users to create their own personal watchlists and view them once logged in. Those who are not logged in can sign up to get started. If the watchlist is empty, they can visit a quote page and their recently viewed tickers will be displayed.

Apartment Market Fundamentals Remain Strong in Los Angeles Despite a Shifting Market
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Apartment Market Fundamentals Remain Strong in Los Angeles Despite a Shifting Market Priscilla Nee, Executive Vice President of CBRE, reported that the Los Angeles apartment market is cooling as supply meets demand. Rents are down and vacancy rates are up slightly, but new development is outpacing demand. To attract renters, landlords are offering concessions, but investment volumes...

LA County Luxury Market Outlook for the Early-Spring

Mark Ruff Mark Ruff is a real estate agent with eXp Realty of California. Check out Mark Ruff's listings or office listings.

La’s Investment Opportunities in Early-Spring

Mark Ruff Mark Ruff is a real estate agent with eXp Realty of California. Check out Mark Ruff's listings or office listings.