The Standard 30 Year Fixed Rate Mortgage still hovers above 7%. With the Federal Reserve's ongoing debates about whether to maintain the 5.25% Fed Funds Rate or raise it another 0.25% at their upcoming meeting, prospective homebuyers and current homeowners are faced with some tough decisions. ... » Learn More about Mortgage Rates Still Over 7%, the Fed, and Housing Affordability
Market Updates
Navigating the San Fernando Valley Housing Market in Fall 2023
As the San Fernando Valley housing market transitions from the scorching summer into the cooler days of fall, it maintains its position as a highly competitive and dynamic landscape. Tight Inventory Persists: One of the defining characteristics of the San Fernando Valley housing market in 2023 ... » Learn More about Navigating the San Fernando Valley Housing Market in Fall 2023
Questions For Homeowner’s Associations, and Information You Need To Know Before Buying
Understanding elements when buying, or owning a property under the jurisdiction of a Homeowner's Association (HOA) is critical. This is way more than "How much are the HOA dues?" It can affect quality of lifestyle, or the economic viability of the unit. I always tell buyers when you own a ... » Learn More about Questions For Homeowner’s Associations, and Information You Need To Know Before Buying
Is Insurance Becoming the Housing Market’s Achilles’ Heel?
In recent times, insurance costs have been skyrocketing, leading to significant concerns within the real estate market. While some attribute this surge to "greedy insurance companies," there are various factors at play, including wildfires, floods, inflation, and delays from regulatory bodies like ... » Learn More about Is Insurance Becoming the Housing Market’s Achilles’ Heel?
All Indices Show Appreciation – Los Angeles Housing Prices Surge in 2023
The housing market in Los Angeles is experiencing a remarkable upswing in 2023, with all primary housing price indexes indicating strong appreciation. This surge is attributed to various factors, including constrained housing inventory and a recovery from the market bottom in November 2022. In this ... » Learn More about All Indices Show Appreciation – Los Angeles Housing Prices Surge in 2023