Real Estate Updates | Morgen Real Estate

Buying Los Angeles

In a recent article from HSH.com, a mortgage research website, reports that in order to afford a home in the Los Angeles area of $450,900, based on NAR (National Association of REALTORS®) median home price...

Zillow’s Flaw

During a recent interview on CBS This Morning, Zillow CEO, Spencer Rascoff, acknowledged the accuracy of Zillow’s zestimate, widely used by home buyers and sellers alike to gauge property values, as having a “median error...

High Rents Making Home Ownership More Attractive

With mortgage rates still relatively low, in the mid 3%, the government’s role with the easing of credit requirement and increasing rent rates- equals no equity, home purchasing has led to higher demands amongst millennials,...

Buyers Are Staying Put…

A recent study by C.A.R. (California Association of REALTORS®) found that more than 50% of buyers will either purchase their home in the same neighborhood as a current residence or within the same county.

California Attracting Foreign Investors

The Chinese investors firm, Oceanwide Holdings Group Co, is aggressively purchasing residential and commercial properties along the California coast, spending millions over the past two years. Oceanwide is currently developing a three-tower apartment complex, which...