Bulldog Buzz Category: Real Estate Market

The City of Angels Beats London as the New Hot Spot for Global Real Estate Investors

 Forbes – And the best city in the world to invest in real estate is…Los Angeles. The City of Angels beat out London as the new hot spot for global real estate investors in the third annual Schroders Global Cities 30 Index.  Schroders is a London-based investment bank. Los Angeles is home to the well-respected colleges… READ MORE

By: Louie the Bulldog
Posted: 27 days ago

Zillow hears your ‘Zestimate’ complaints: it’s offering a $1 million prize for a better algorithm

MarketWatch – Zillow is offering a $1 million award to the “person or team who can most improve the Zestimate algorithm.” The announcement of the contest comes one week after Zillow was slapped with a class-action lawsuit over its proprietary home-price tool. The algorithm in question is meant to serve as a starting point in helping people… READ MORE

By: Louie the Bulldog
Posted: 6 months, 1 day ago

What Salary Do You Need to Afford a Home in LA? Nearly $100,000, As It Turns Out

Curbed LA—A typical median-priced home in Los Angeles County out of reach for the vast majority of residents, according to a new analysis from the California Association of Realtors. According to the data, just 29 percent of potential homebuyers can afford a property at county’s median price of $485,800. At that price point, a nearly six-figure household… READ MORE

By: Louie the Bulldog
Posted: 6 months, 24 days ago

Luxury Homeowners Believe Homeownership Is a More Sound Investment Than the Stock Market

RISMedia—In largest luxury owner survey ever, Better Homes and Gardens Real Estate study reveals multiple homes and high-tech amenities are the new norm for affluent homeowners Existing home sales have been rising along with mortgage rates, and cash deals are becoming extremely popular. Much of this growth can be attributed to the luxury buyer, a… READ MORE

By: Louie the Bulldog
Posted: 8 months, 7 days ago