The tragic loss of life, property, and the disruption of lives caused by the ongoing wildfires in the Los Angeles region is devastating. My heart goes out to everyone affected. Beyond the emotional toll, the financial and logistical challenges of managing insurance claims and mortgage obligations ... » Learn More about Wildfires and the Housing Market: Navigating Loss and Recovery in Los Angeles
Market Updates
Behind the Headlines: What October’s San Fernando Valley, Los Angeles Housing Market Really Tells Us
I’ve mentioned this before, but the real estate headlines you see on the news are often behind the curve. Take today’s news: “Existing-home sales picked up in October, rising 3.4% for the month to a pace of 3.96 million. They also notched the first year-over-year gain (+2.9%) since July 2021. ... » Learn More about Behind the Headlines: What October’s San Fernando Valley, Los Angeles Housing Market Really Tells Us
Renter vs Homeowner – Benefit of Ownership
Talk about a winning choice! The average homeowner's net worth is 42 times that of a renter. Homeownership builds significant, long-term wealth and is a strategic move towards securing your financial future. If you are in the Los Angeles area, and have any questions or real estate sales or ... » Learn More about Renter vs Homeowner – Benefit of Ownership
Why Proposition 33 Misses the Mark on Housing Affordability
Proposition 33 has numerous unintended consequences. Economists across the political spectrum agree that rent control fails to address the root causes of housing affordability. By discouraging new apartment construction and deterring investment in rental properties, rent control exacerbates the very ... » Learn More about Why Proposition 33 Misses the Mark on Housing Affordability
Key Factors Driving San Fernando Valley’s Real Estate Market: Rates, Inventory, and Insurance
The residential real estate market in the San Fernando Valley, Los Angeles region, has stabilized. Inventory is up but still remains moderate by historical standards. The quantity of sales has dropped, and affordability remains tight. The recent drop in mortgage rates, from 8% in October 2023 ... » Learn More about Key Factors Driving San Fernando Valley’s Real Estate Market: Rates, Inventory, and Insurance