After the California real estate market cooling off for a couple of months, the market stays heated with only 1.6 months of inventory. The 30-year mortgage rates are a little higher, but still historically low. The number of home sales is lower, primarily as a result of the low inventory, but we ... » Learn More about California Real Estate Market at a Glance November 2021
Market Updates
Newly Released Conforming Loan Limits For 2022
Over the past month, some lenders have rushed to fund loans with a higher conforming loan amount in advance of the actual official release from the Federal Housing Finance Agency (FHFA). The preliminary $625,000 loan amount was shy by a fair amount. Obviously, the lenders were being conservative ... » Learn More about Newly Released Conforming Loan Limits For 2022
San Fernando Valley Los Angeles Real Estate Market Update November 2021
The San Fernando Valley and Los Angeles real estate markets are staying solid. Appreciation may back off from their white hot levels of 18% or so but should maintain at least high single digits for the moderate term. Inventory levels started to elevate, but have stabilized. Sales are holding solid. ... » Learn More about San Fernando Valley Los Angeles Real Estate Market Update November 2021
San Fernando Valley Single Family Dwelling Income to Loan Guide October 2021
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, SRES, SFR, RECS, CIASPresident/BrokerMulti Real Estate Services, Inc.Gov’t Affairs Chair – California Association of Mortgage Professionals ... » Learn More about San Fernando Valley Single Family Dwelling Income to Loan Guide October 2021
Zillow’s House Flipping Business Blows Up, What Does That Mean For The Housing Market?
Over a year ago when Zillow started getting into the home buying and flipping business I said wait till the market turns down and watch them take a hit. It didn’t take that long. The real estate market is still solid, and they blew up. Real estate is very local. Zillow’s perception that they ... » Learn More about Zillow’s House Flipping Business Blows Up, What Does That Mean For The Housing Market?