Need news in a flash? Here’s what’s happening in your community

Growth in homeownership is coming on strong from Hispanic homebuyers, according to a new report, with three states in particular seeing the highest increases: California, Texas and Florida.

Lack of inventory (both affordable and overall) remains an issue for California homebuyers, and price continues to climb in response, according to a report from the California Association of Realtors.

BKFS_HPI_Apr2016_LA_hi_res

Black Knight Financial Services released its April 2016 home price index data for Los Angeles, showing the metro’s home price index value at $595,000 — up 0.6 percent month-over-month and 6.5 percent year-over-year

Got a lead on some news happening in your community? Send information to local@inman.com

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