The real estate market in California continues its transition from a seller's market to one of neutrality. The unsold inventory has increased month over month by 5.3% and 33.3% year over year. The time on the market has has also increased over 33% year over year to 39 months. Even though interest ... » Learn More about Real Estate Market at a Glance
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Government is Protecting First Time, Lower and Middle Income Borrowers Out of Homeownership
Government is protecting first time, lower and middle income borrowers out of homeownership. In other words the unintended consequence of governmental regulations is eliminating the traditional domestic real estate consumer. That’s the opinion of Rob Couch, one of the commissioners for the ... » Learn More about Government is Protecting First Time, Lower and Middle Income Borrowers Out of Homeownership
Mortgage Interest Rate Update September 10 2014
Interest Rates have been great, and still at historic lows, but over the past couple weeks we’ve been seeing a slow trickling up of the rates. Some of the increase in rates is because of the calming of geo political tensions. Russia has been behaving over the past week and there’s been less of a ... » Learn More about Mortgage Interest Rate Update September 10 2014
San Fernando Valley Housing Inventory Up All Price Ranges
The San Fernando Valley (Los Angeles) single family housing inventory is up in all price ranges year over year. The $450,000 to $600,000 price range jumped from a historic low of 285 properties in July 2013 to 487 July 2014. That price range incorporates the median sales price of around $500,ooo. ... » Learn More about San Fernando Valley Housing Inventory Up All Price Ranges
Ron Henderson & Steve Peterson to Give Presentation on Homeowner Associations August 22
Ron Henderson of Multi Real Estate Services, and Steve Peterson of Security 1 Lending will be giving a presentation on the Good, Bad and Ugly of Homeowner Associations. Topics will include what buyers and owners need to know, how an association's financial position can effect financing and values, ... » Learn More about Ron Henderson & Steve Peterson to Give Presentation on Homeowner Associations August 22