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California Real Estate Market at a Glance January 2023

February 16, 2023 by Ron Henderson

California-Real-Estate-Market-at-a-Glance-0123

If you are in the Los Angeles area, and have any questions or real estate sales or financing needs, feel free in contacting me Ron Henderson GRI, SRES, SFR, RECS, CIASPresident/BrokerMulti Real Estate Services, Inc.Gov’t Affairs Chair – California Association of Mortgage Professionals ... » Learn More about California Real Estate Market at a Glance January 2023

Filed Under: Market Updates Tagged With: California Real Estate market, housing affordability

Mortgage Rates On A Roller Coaster

February 16, 2023 by Ron Henderson

Mortgage Rates 1221-021523

From the peak of the recent mortgage rates in October '22 at 7.375%, they then dropped to 6.0% when the Federal Reserve made their last .25% increase in the Fed Funds Rate. The perception of the mortgage bond market was the Fed was beating the inflation monster. But then Rates have been rising at a ... » Learn More about Mortgage Rates On A Roller Coaster

Filed Under: Market Updates, Mortgage Rates Tagged With: economics, housing affordability, mortgage rates

The Unintended Consequences of Recent Rent Control Changes in Los Angeles

February 4, 2023 by Ron Henderson

Rent Control Unintended Consequences image

The Los Angeles City Council in late January 2023 just passed an expansion of the Rent Stabilization Ordinance. This modification is applicable only to the rental properties in LA City not LA County. LA County extended the County’s COVID-19 Tenant Protections Resolution (formerly the LA County ... » Learn More about The Unintended Consequences of Recent Rent Control Changes in Los Angeles

Filed Under: Market Updates Tagged With: economics, Los Angeles Real Estate market, los angeles rent stabilization ordinance, rent control, San Fernando Valley Real Estate Market, unintended consequences

Down Payment and Closing Cost Assistance To Purchase a Home

January 16, 2023 by Ron Henderson

Down Payment and Closing Cost Assistance

Regardless of other financial vehicles, we all know owning real estate is the primary way to accumulate wealth and financial security. Especially with the high cost of rent, it’s hard for a first-time buyer to collect the funds to purchase. There are numerous (400+) programs from California or local ... » Learn More about Down Payment and Closing Cost Assistance To Purchase a Home

Filed Under: Mortgage Rates, Regulations and Laws Tagged With: CALHFA, down payment closing cost assistance, economics, Los Angeles Real Estate market, mortgage rates, San Fernando Valley Real Estate Market

Los Angeles County Real Estate Report Card November 2022

December 15, 2022 by Ron Henderson

Los Angeles County Real-Estate-Report-Card Dec 2022

If you are in the Los Angeles area, and have any questions or real estate sales or financing needs, feel free in contacting me Ron Henderson GRI, SRES, SFR, RECS, CIASPresident/BrokerMulti Real Estate Services, Inc.Gov’t Affairs Chair – California Association of Mortgage Professionals ... » Learn More about Los Angeles County Real Estate Report Card November 2022

Filed Under: Market Updates Tagged With: Los Angeles Real Estate market

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