Los Angeles Real Estate News
Los Angeles
2021 Total U.S. Home Sales Hits Highest Levels in 15 Years
According to the National Association of Realtors, existing-home sales declined in December 2021, snapping a streak of three straight months of gains.
Builder Confidence Edges Lower on Inflation Concerns in U.S.
According to the National Association of Home Builders latest NAHB/Wells Fargo Housing Market Index, growing inflation concerns and ongoing supply chain disruptions snapped a four-month rise in builder sentiment even as consumer demand remains robust.
U.S. Enjoys Record Number of Mega Warehouse Leases in 2021
Last year was a record year for large warehouse leases, driven by a rebounding economy and strong e-commerce sales. Companies committed to 57 warehouse leases of 1-million-sq.-ft. or larger across the U.S. in 2021, a 19% increase from 2020.
Mortgage Credit Availability Increased in December
Based on a new report from the Mortgage Bankers Association, U.S. mortgage credit availability increased in December 2021, according to their Mortgage Credit Availability Index (MCAI).
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