At the national level, housing affordability is down from last month and down from a year ago. Mortgage rates increased to 4.01 percent this May, up compared to 3.83 percent a year ago. Housing affordability declined from a year ago in May moving the index down 5.4 percent from 161.8 to 153.0. ... » Learn More about Housing Affordability Index Based on May 2017
Seller’s Real Estate Market Challenges
If you are in the Los Angeles area, have any questions or real estate sales or financing needs, feel free in contacting me. Ron Henderson GRI, RECS, CIAS President/Broker Multi Real Estate Services, Inc. Gov’t Affairs Chair – California Association of Mortgage Professionals BRE #00905793 ... » Learn More about Seller’s Real Estate Market Challenges
Won’t New Housing Construction Reduce Rents? Yes, It’s All Supply and Demand
You may have heard someone say “We’re building like crazy, why aren’t prices going down?” You may have even thought: does supply and demand not apply to housing? But it largely does! While housing economics can be more nuanced at the local level in short periods – in a gentrifying neighborhood new ... » Learn More about Won’t New Housing Construction Reduce Rents? Yes, It’s All Supply and Demand
California State Assembly to Vote on Imposing New Tax By Bypassing Required Public Vote
RED ALERT: SB 231 Allows Property Owners to Be TAXED WITHOUT a Vote so URGE YOUR ASSEMBLY MEMBER TO VOTE “NO”! Call Today. Vote could be on Thursday! The state Assembly will be voting on legislation that allows local governments to circumvent the State Constitution and Proposition 218 to tax ... » Learn More about California State Assembly to Vote on Imposing New Tax By Bypassing Required Public Vote
Large Single Story Encino Unit with Two Master Suites $449,000
View the Tour Property Description Great large 1,582 sq ft single story unit with two master suites on opposite sides of the large open floorplan. This well maintained "The Lindbrook" complex is located in prime Encino close to transportation and shopping. The gated security entrance leads ... » Learn More about Large Single Story Encino Unit with Two Master Suites $449,000