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Is Insurance Becoming the Housing Market’s Achilles’ Heel?

July 25, 2023 by Ron Henderson

Real estate 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?

Filed Under: Market Updates, Regulations and Laws Tagged With: california insurance issues, California Real Estate market, economics, Los Angeles Real Estate market

All Indices Show Appreciation – Los Angeles Housing Prices Surge in 2023

July 25, 2023 by Ron Henderson

Home Prices 2023 June

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

Filed Under: Market Updates Tagged With: Case-Shiller housing, economics, FHFA housing, Los Angeles Real Estate market, San Fernando Valley Real Estate Market

Expecting A Glut Of Foreclosures? Don’t Bet On It

July 25, 2023 by Ron Henderson

Mortgage Delinquency Level 0723

In today's uncertain times, it's crucial to differentiate between speculation and reality when it comes to the housing market. Recently, one of my clients heard from a family member that they should wait for a flood of foreclosures to hit the market. However, let's take a closer look at the current ... » Learn More about Expecting A Glut Of Foreclosures? Don’t Bet On It

Filed Under: Market Updates Tagged With: Distressed Properties, foreclosures, mortgage rates

San Fernando Valley Housing Market Update – June 2023

July 25, 2023 by Ron Henderson

SFV SFD Market Snapshot June 2023

If you've been holding out for the housing market to drop, the window of opportunity has closed. The market experienced a brief dip that hit its lowest point in November 2022. However, since then, we've witnessed a strong rebound, even with higher mortgage rates, making it a bit more challenging for ... » Learn More about San Fernando Valley Housing Market Update – June 2023

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

CalHFA Does Live Presentation On First Time Buyer Down Payment Assistance at the Outwest Real Estate Meeting June 30, 2023

June 27, 2023 by Ron Henderson

CalHFA

The California Housing Finance Agency will be giving a presentation on their First Time Buyer Down Payment Assistance Programs at the Outwest Real Estate Education Meeting Friday 30, 2023. The presenter Leanne Walker CalHFA Lender Training and Outreach has given great presentations to Outwest in the ... » Learn More about CalHFA Does Live Presentation On First Time Buyer Down Payment Assistance at the Outwest Real Estate Meeting June 30, 2023

Filed Under: Regulations and Laws Tagged With: CALHFA, California Real Estate market, Down Payment Assistance, first time buyers

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