First Quarter Real Estate News

First-time Buyer Housing Affordability Index
STATE/REGION/COUNTY Q4 2014 Q3 2014   Q4 2013
Los Angeles 50 47   52

Pending Home Sales Data:

California pending home sales jumped in February, with the Pending Home Sales Index (PHSI)* increasing 24.8 percent from a revised 89.9 in January to 112.2, based on signed contracts.  The month-to-month increase easily topped the long-run average increase of 17.9 percent observed in the last seven years.

County Sales & Price Statistics, March 2015

2015_March_Sales_R