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Mortgage Rates Still Over 7%, the Fed, and Housing Affordability

September 7, 2023 by Ron Henderson

30 yr mortgage chart 010623-090623

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

Filed Under: Market Updates, Mortgage Rates Tagged With: California Real Estate market, housing affordability, Los Angeles Real Estate market, mortgage rates

Avoid Fraud – Los Angeles County e-Notification Alerts

September 6, 2023 by Ron Henderson

Fraud Alert image

There’s a lot of fraud against real estate owners. With the e-Notification service, you can register your email now to be alerted whenever a foreclosure, transfer of title, or mortgage is recorded on your property with the Los Angeles County Registrar-Recorder/County Clerk. This notification allows ... » Learn More about Avoid Fraud – Los Angeles County e-Notification Alerts

Filed Under: Regulations and Laws Tagged With: Avoid Real Estate Fraud, Los Angeles County e-Notification Alerts

Navigating the San Fernando Valley Housing Market in Fall 2023

September 6, 2023 by Ron Henderson

San Fernando Valley SFD Stats August 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

Filed Under: Market Updates Tagged With: first time buyers, san fernando valley homes, San Fernando Valley Real Estate Market

Questions For Homeowner’s Associations, and Information You Need To Know Before Buying

September 5, 2023 by Ron Henderson

HOA image

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

Filed Under: Market Updates, Regulations and Laws Tagged With: California Real Estate market, economics, HOA, Homeowners associations, housing affordability, Mortgage Regulations, San Fernando Valley Real Estate Market

Key Interest Rates, Mortgages, and the Federal Reserve’s Ongoing Actions

July 25, 2023 by Ron Henderson

Key Rates 072523

As the economy continues to recover from the impact of the pandemic, the Federal Reserve is taking measures to address inflation and manage economic momentum. With expectations of another 0.25% increase in the Fed Funds Rate, we are witnessing a gradual shift away from the 0% rate of April 2022. In ... » Learn More about Key Interest Rates, Mortgages, and the Federal Reserve’s Ongoing Actions

Filed Under: Mortgage Rates Tagged With: economics, housing affordability, Key Interest Rates

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