News and Opinion — Urban Hillsides Real Estate

Monrovia | Charming Home | Open House | Sunday | 2-5

live stream

Video: Airbnb Panic - Los Angeles Real Estate Reality

This Week’s Topic: Hyperlocal Real Estate News
Joe and Darren cover Northeast Los Angeles on real estate, development, community issues and lifestyle. Silver Lake, Echo Park, Los Feliz, Atwater Village, East Hollywood, Mount Washington, Glassell Park, Highland Park, Montecito Heights, Lincoln Heights, El Sereno and Eagle Rock provide a rich tapestry of dynamic change for better and for worse.

Last Week’s Topic: Airbnb Panic
A controversial blog post suggests that some Airbnb owners may be forced to sell their properties. The results could be a housing bust in some areas. Why? This industry watcher sees a downturn in the short-term rental market. It started in the second half of 2022, with Airbnb operators in some cities now facing a 50% decline in revenue. Darren and Joe look at the numbers, the opinions and the controversy this post has caused.

More: Sold and new listing reviews, market news, other interesting things we've found this week in real estate

Note: We have all the weekly topic videos now at urbanhillsides.com/live-stream

Thursday 2-3 PM - like/follow us at

https://www.facebook.com/urbanhillsides

https://www.youtube.com/urbanhillsides

https://twitter.com/urbanhillsides

https://www.linkedin.com/in/joe-cloninger-378a964/

You can go to Live Stream — Urban Hillsides Real Estate Team

Thursdays 2-3 PM PT

https://www.urbanhillsides.com/live-stream

- Also available after the live stream

Video: Better News - Los Angeles Real Estate Reality

This Week’s Topic: Airbnb Panic
A controversial blog post suggests that some Airbnb owners may be forced to sell their properties. The results could be a housing bust in some areas. Why? This industry watcher sees a downturn in the short-term rental market. It started in the second half of 2022, with Airbnb operators in some cities now facing a 50% decline in revenue. Darren and Joe look at the numbers, the opinions and the controversy this post has caused.

Last Week’s Topic: Better News

Buyers and renters received some better news in the May housing inventory numbers. The housing inventory problem persists. But housing construction starts for single and multi-family jumped 21.7% in May. Permits to build also increased to 5.2%, foretelling future growth. For renters, the multi-family construction is bringing more inventory. There is already a cooling of rents with more inventory.

More: Sold and new listing reviews, market news, other interesting things we've found this week in real estate

Note: We have all the weekly topic videos now at urbanhillsides.com/live-stream

Thursday 2-3 PM - like/follow us at

https://www.facebook.com/urbanhillsides

https://www.youtube.com/urbanhillsides

https://twitter.com/urbanhillsides

https://www.linkedin.com/in/joe-cloninger-378a964/

You can go to Live Stream — Urban Hillsides Real Estate Team

Thursdays 2-3 PM PT

https://www.urbanhillsides.com/live-stream

- Also available after the live stream

Video: Crash Unlikely - Los Angeles Real Estate Reality

This Week’s Topic: Better News

Buyers and renters received some better news in the May housing inventory numbers. The housing inventory problem persists. But housing construction starts for single and multi-family jumped 21.7% in May. Permits to build also increased to 5.2%, foretelling future growth. For renters, the multi-family construction is bringing more inventory. There is already a cooling of rents with more inventory.

Last Week’s Topic: Crash Unlikely

Rising interest rates have not led to a significant decline in home prices. What are the factors that have contributed to this resilience? Strong demand from homebuyers, limited housing supply, and a robust economy. While higher rates may slow down the pace of price appreciation, they are unlikely to trigger a crash in the housing market due to these underlying factors

More: Sold and new listing reviews, market news, other interesting things we've found this week in real estate

Note: We have all the weekly topic videos now at urbanhillsides.com/live-stream

Thursday 2-3 PM - like/follow us at

https://www.facebook.com/urbanhillsides

https://www.youtube.com/urbanhillsides

https://twitter.com/urbanhillsides

https://www.linkedin.com/in/joe-cloninger-378a964/

You can go to Live Stream — Urban Hillsides Real Estate Team

Thursdays 2-3 PM PT

https://www.urbanhillsides.com/live-stream

- Also available after the live stream

Video: Insurance Disaster - Los Angeles Real Estate Reality

This Week’s Topic: Crash Unlikely
Rising interest rates have not led to a significant decline in home prices. What are the factors that have contributed to this resilience? Strong demand from homebuyers, limited housing supply, and a robust economy. While higher rates may slow down the pace of price appreciation, they are unlikely to trigger a crash in the housing market due to these underlying factors.

Last Week’s Topic: Insurance Disaster
State Farm and now Allstate have pulled out of the California market for new home insurance policies. It's happening in other states. Darren and Joe discuss this situation and use a client's very recent insurance challenge as an example.

More: Sold and new listing reviews, market news, other interesting things we've found this week in real estate

Note: We have all the weekly topic videos now at urbanhillsides.com/live-stream

Thursday 2-3 PM - like/follow us at
https://www.facebook.com/urbanhillsides

https://www.youtube.com/urbanhillsides

https://twitter.com/urbanhillsides

https://www.linkedin.com/in/joe-cloninger-378a964/

You can go to Live Stream — Urban Hillsides Real Estate Team
Thursdays 2-3 PM PT
https://www.urbanhillsides.com/live-stream
- Also available after the live stream

Video: Rates Dropped - Los Angeles Real Estate Reality

Next Week’s Topic: Insurance Disaster
State Farm and now Allstate have pulled out of the California market for new home insurance policies. It's happening in other states. Darren and Joe discuss this situation and use a client's very recent insurance challenge as an example.

Last Week’s Topic: Rates Dropped
Some good news. According to Mortgage News Daily, mortgage rates have fallen fairly quickly this week. Could this be a new trend for interest rates? Darren and Joe look at the numbers and see what may have moved the needle this week.

More: Sold and new listing reviews, market news, other interesting things we've found this week in real estate

Note: We have all the weekly topic videos now at urbanhillsides.com/live-stream

Thursday 2-3 PM - like/follow us at
https://www.facebook.com/urbanhillsides

https://www.youtube.com/urbanhillsides

https://twitter.com/urbanhillsides

https://www.linkedin.com/in/joe-cloninger-378a964/

You can go to Live Stream — Urban Hillsides Real Estate Team
Thursdays 2-3 PM PT
https://www.urbanhillsides.com/live-stream
- Also available after the live stream

Video: New Ice Age - Los Angeles Real Estate Reality

This Week’s Topic: Rates Dropped
Some good news. According to Mortgage News Daily, mortgage rates have fallen fairly quickly this week. Could this be a new trend for interest rates? Darren and Joe look at the numbers and see what may have moved the needle this week.

Last Week’s Topic New Ice Age
The US housing market is experiencing an “ice age” with higher home prices, fewer sales, and less inventory. This is due to a combination of factors including low interest rates, high demand, and low supply. This trend may continue for some time as the market adjusts to these conditions.

More: Sold and new listing reviews, market news, other interesting things we've found this week in real estate

Note: We have all the weekly topic videos now at urbanhillsides.com/live-stream

Thursday 2-3 PM - like/follow us at
https://www.facebook.com/urbanhillsides

https://www.youtube.com/urbanhillsides

https://twitter.com/urbanhillsides

https://www.linkedin.com/in/joe-cloninger-378a964/

You can go to Live Stream — Urban Hillsides Real Estate Team
Thursdays 2-3 PM PT
https://www.urbanhillsides.com/live-stream
- Also available after the live stream

Video: Insurance Crisis l Rich and Powerful Dirt - Los Angeles Real Estate Reality

This Week’s Topic: New Ice Range
The US housing market is experiencing an “ice age” with higher home prices, fewer sales, and less inventory. This is due to a combination of factors including low interest rates, high demand, and low supply. This trend may continue for some time as the market adjusts to these conditions.

Last Week’s Topic: Insurance Crisis | Rich and Powerful Dirt
This week's topics divides between a serious one and a not-so serious one. Topic 1 is about the home insurance changes affecting the landscape drastically. Is it a crisis? Topic 2 covers real estate news from the famous and powerful in our city. The theme this week? Musicians.

More: Sold and new listing reviews, market news, other interesting things we've found this week in real estate

Note: We have all the weekly topic videos now at urbanhillsides.com/live-stream

Thursday 2-3 PM - like/follow us at
https://www.facebook.com/urbanhillsides

https://www.youtube.com/urbanhillsides

https://twitter.com/urbanhillsides

https://www.linkedin.com/in/joe-cloninger-378a964/

You can go to Live Stream — Urban Hillsides Real Estate Team
Thursdays 2-3 PM PT
https://www.urbanhillsides.com/live-stream
- Also available after the live stream