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ZIP code profile: 90505

The 90505 ZIP code comprises part of the city of Torrance, about a 50 minute drive from Los Angeles. The area sits in Los Angeles County and is known for its easy climate, low crime rates and proximity to the Pacific Ocean … Powered by WPeMatico

DC community profile: Logan Circle

Logan 13 is a condominium building in Logan Circle with 67 units. Although it’s still being finished, the development is already 73 percent sold out, and only 9 percent of those are investors. Built by Holladay Corporation with one-bedroom and two-bedroom units, prices range from just under $500,000 to $1 million … Powered by WPeMatico

New construction spending not keeping pace with inventory demand

When real estate agents across the country gather to complain about the things making their lives difficult, one of the top gripes in 2016 has to be “inventory.” Where is the supply to meet buyer demand? This month, the U.S. Census Bureau reported that new residential construction spending in May was at a seasonally adjusted …

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