How hot was the California housing market? The median price up 20.6% year over year, and the median time on the market only 10 days. There are several elements that are now coming into play... Will the higher interest rates and property values affect the affordability level where it takes ... » Learn More about California Real Estate Market at a Glance February 2021
The Fed Loses Control of Rates – After 2 Months Will Mortgage Rates Stabilize?
I've been warning that rates were going up for a couple of months. It doesn't matter that the Federal Reserve conveyed that they are going to keep the Fed Funds Rate at 0% through 2023. Let's review some of the reasons why the financial markets are forcing rates higher... The economy is looking ... » Learn More about The Fed Loses Control of Rates – After 2 Months Will Mortgage Rates Stabilize?
New Listing – West Hills 4 + 2 with Flexible Floorplan
View 3D Tour - Single story West Hills 4 Bedroom 2 bath home located only minutes to the Valley’s economic hub Warner Center. Time to use your imagination for the possibilities. The flexible floorplan has a large 18x22 room on one side of the house that has it’s own separate entrance within the ... » Learn More about New Listing – West Hills 4 + 2 with Flexible Floorplan
Prop 19 Benefits – 55+ Property Tax Savings
This is a graphical breakdown of the beneficial elements of the property tax portability for California property owners over 55 years old. The benefit is also applicable to owners with Sever Disabilities, or victims of Wildfire and Natural Disasters. Homeowners who are 55 or over, severely ... » Learn More about Prop 19 Benefits – 55+ Property Tax Savings
Mortgage Rates Move Higher, Will They Come Back Down?
Even though the Federal Reserve will main keep the Fed Funds Rate at 0% for the next couple of years, and has been buying $120 Billion a month in securities ($40B in mortgage backed securities) trying to force the interest rates down to offset the economic issues created by the pandemic, rates have ... » Learn More about Mortgage Rates Move Higher, Will They Come Back Down?