When looking at the California state housing numbers year over year relative to January 2019 the median price is up 7.3%, and inventory is down 26.1%. This is the result of the interest rates being substantially lower than a year ago, increasing the Affordability Index 11.6% to 31%. If you are in ... » Learn More about California Housing Market at a Glance January 2020
San Fernando Valley Median Real Estate Prices 1959-2019
These are the median prices for San Fernando Valley residential real estate since 1959. Great info that you won't find anywhere else. Note: Median prices are where half the properties sold have a higher cost, and half are lower. It's not the average price. Over the past year property values are ... » Learn More about San Fernando Valley Median Real Estate Prices 1959-2019
California Real Estate Market at a Glance December 2019
The December California state real estate numbers have a few striking year over year elements that show the stronger market in 2019 compared to 2018. The affordability Index is better by 14+%, even though the median price is up 10%, primarily because the interest rates are a full percent lower than ... » Learn More about California Real Estate Market at a Glance December 2019
Mortgage Rates Stable… For How Long?
The mortgage rates have been in a good stable range for a few months. The Federal Reserve rate drops last year and continuing their purchase of $60 billion per month of treasuries, have propped up the economy, while the uncertainty of the China trade issues were up in the air. Now with the signing ... » Learn More about Mortgage Rates Stable… For How Long?
California Water Use Laws and Cost – Here’s the Correct Information
There's been a lot of incorrect information being bantered around regarding new water costs. The water police will not be smacking our wrists for taking a long shower... but a bill was signed into law May 2018 tightens water use efficency use on the states water agencies. It will be the agencies ... » Learn More about California Water Use Laws and Cost – Here’s the Correct Information