The Los Angeles, San Fernando Valley and the California state housing market statistics have many of the same characteristics. Unsold inventory is historically tight, days on the market are low, regardless on the drop in the affordability index. If you look at the San Fernando Valley charts you ... » Learn More about California and Los Angeles Real Estate Market Update
Market Updates
Monthly National Housing Data
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 Monthly National Housing Data
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
Southern California Housing Year Over Year Pricing (Up) and Sales (Down)
Available inventory continues to be the story in Southern California housing numbers. Housing affordability is an issue, as incomes haven't kept up with prices, but the demand is still greater than than the available properties for sale, so housing prices continues to march higher. The quantity of ... » Learn More about Southern California Housing Year Over Year Pricing (Up) and Sales (Down)