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MRES - Multi Real Estate Services

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Market Updates

Pent Up Demand of Real Estate Sales Leveling Off and Other San Fernando Valley Statistics

Pending Southerm California Pending Sales July 2020Sales

The attached chart of the Southern California Counties is a real-time indication that the pending property sales spike we saw through June from the April COVID crash may have leveled off. The May and June sales have been solid. Property values have also stayed solid, with inventory staying low, ... » Learn More about Pent Up Demand of Real Estate Sales Leveling Off and Other San Fernando Valley Statistics

Filed Under: Market Updates

Los Angeles Real Estate Report Card July 2020

Real Estate Report Card for Los Angeles July 2020

As you can see, even though the property values have continued to appreciate, the Affordability Index has gotten a lot better, because of the drop in the mortgage rates to historic lows. Inventory levels are 27% lower than a year ago. Basic supply and demand. Sales activity has popped back up from ... » Learn More about Los Angeles Real Estate Report Card July 2020

Filed Under: Market Updates Tagged With: Los Angeles Real Estate market

A New MRES Multi Real Estate Services Website

MRES site image

They say sometimes "what's old is new again". Then again sometimes "what's old is just old". It's been a few years, but every so often a website needs a facelift or a repurposing. In this case, it was both. I started Multi Real Estate Services back in 1995. Back then it was basic HTML ... » Learn More about A New MRES Multi Real Estate Services Website

Filed Under: Market Updates Tagged With: Conejo valley real estate, mres, multi real estate services, real estate blogs, real estate education, real estate financing, ron henderson, san fernando valley real estate, Simi Valley Real Estate

California Real Estate Market at a Glance

We knew the real estate market statistics were going to be rough in April, and they were. I blogged last week on the San Fernando Valley numbers, but it was a difficult month throughout the state. Generally real estate is local. In this case, the COVID-19 malfunction is having its way with the ... » Learn More about California Real Estate Market at a Glance

Filed Under: Market Updates Tagged With: California Real Estate market, COVID-19, economics, San Fernando Valley Real Estate Market

San Fernando Valley Real Estate Sales Take a Hit in April From COVID

We knew the statistics for residential real estate in April were going to be rough. It was the first full month the “Stay at Home” order would have been in place. They were.... 2020 started as very strong real estate market, but hit a wall in the middle of March when the COVID-19 economic ... » Learn More about San Fernando Valley Real Estate Sales Take a Hit in April From COVID

Filed Under: Market Updates Tagged With: California Real Estate market, COVID-19, economics, san fernando valley homes, San Fernando Valley Real Estate Market

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