There are a few elements worth noting in the latest California housing statistics. Inventory and days on the market are substantially higher than last year at this time. That said, last year the inventory levels were at very low. Presently the inventory to sales ratio is at a good balance. The ... » Learn More about California Real Estate Market at a Glance March 2019
Outwest Marketing Donates to Hope of the Valley
Southland Regional Association of Realtors Outwest Marketing education area meeting contributed to the Hope of the Valley Rescue Mission. Hope of the Valley feeds, shelters and cares for the San Fernando Valley's community's poor, hungry and homeless men, women and children. Presenting to ... » Learn More about Outwest Marketing Donates to Hope of the Valley
New Listing Calabasas Entertainer’s Pool Home With Designer Touches
This is a one of a kind Saratoga Ranch Calabasas entertainer’s pool home with designer touches. Private entry, leads to a beautifully remodeled kitchen featuring open ceiling soffit, cream colored cabinets, Caesarstone crème marfil countertops, semi bling mirror subway tile backsplash and new ... » Learn More about New Listing Calabasas Entertainer’s Pool Home With Designer Touches
Very Few Foreclosures in the System
A client the other day asked "how about a deal on foreclosures?". The quantity of foreclosures, or distress sales in the system are at historic lows. Back during the recession 10 years ago, foreclosures and short sales were a combined 70% of the real estate sales transactions. Now they're only a ... » Learn More about Very Few Foreclosures in the System
Federal Reserve Goes Dovish, Fed Rate to Stay Neutral Through 2019, Mortgage Rates drop
The Federal Reserve went dovish today with their announcement after the FOMC March meeting, conveying employment and economic conditions are historically solid, but slowing. The highlights: No Fed Funds rate increases through 2019-2020. We’ll see, as they were predicting 3 or 4 increases ... » Learn More about Federal Reserve Goes Dovish, Fed Rate to Stay Neutral Through 2019, Mortgage Rates drop