The 10 year note (most closely correlates with the mortgage backed security) is up again today by a substantial amount. It closed at 2.13%, a 1/2% higher than just a few weeks ago. Rates move up faster than they come down. Three mortgage rate increases today... ouch :-( Ron Henderson GRI, RECS, ... » Learn More about Interest Up Again Today! 1/2% in Less Than A Month!
April Existing-Home Sales Up but Constrained
An article on the status of the national real estate market. The Los Angeles region has a more constrained inventory than the nation as a whole. Daily Real Estate News | Thursday, May 23, 2013 Existing-home sales rose in April but remain below underlying demand because of limited inventory and ... » Learn More about April Existing-Home Sales Up but Constrained
Real Estate Market Update Los Angeles May 17 2013
http://www.youtube.com/watch?v=bu5uzP12N3I&feature=youtu.be The market is changing !! Ron Henderson President/Broker of Multi Real Estate Services and a Gov't Affairs Chair for CAMP gives an overview of the present real estate market, inventory issues, and statistics for the San Fernando Valley ... » Learn More about Real Estate Market Update Los Angeles May 17 2013
Mortgage Interest Rate and Real Estate Update May 8 2013
Ron Henderson President/Broker of Multi Real Estate Services and a Gov't Affairs Chair for CAMP evaluates the present mortgage interest rate and real estate environment as of May 8, 2013 - video ... » Learn More about Mortgage Interest Rate and Real Estate Update May 8 2013
Home Prices Jump, But No Bubble According to Corelogic
This change represents the biggest year-over-year increase since March 2006 and the 13th consecutive monthly increase in home prices nationally. Experts predict prices will keep going up. The latest CoreLogic home price index jumped a whopping 10.5% nationally, but analysts say values are still ... » Learn More about Home Prices Jump, But No Bubble According to Corelogic