If you are in the Los Angeles area, have any questions or real estate sales or financing needs, feel free in contacting me. Ron Henderson GRI, RECS, CIAS President/Broker Multi Real Estate Services, Inc. Gov’t Affairs Chair – California Association of Mortgage Professionals BRE #00905793 NMLS ... » Learn More about Three Repairs to Help Save a Home Sale
Federal Reserve’s New Keyword is Patience – No More Hikes for a While
The Federal Reserve has reversed their previously conveyed interest rate plan. Fed Chair Jay Powell indicated there are too many crosscurrents , and the appropriate policy will be to stay pat on the present Fed Funds Rate of 2.25-2.5% for a undetermined period. Only 6 weeks ago the perceived Fed ... » Learn More about Federal Reserve’s New Keyword is Patience – No More Hikes for a While
California Housing Market at a Glance
Based on the California state housing market statistics, year over year pricing is up 1.5%, sales are down 11.6%, inventory is up 40% to 3.5 months (note 5 months is considered normal), and the time on the market is up 28%. Overall the state statistics reflect a slowing, but fairly normalized ... » Learn More about California Housing Market at a Glance
Los Angeles County Housing Market Update
If you are in the Los Angeles area, have any questions or real estate sales or financing needs, feel free in contacting me Ron Henderson GRI, RECS, CIAS President/Broker Multi Real Estate Services, Inc. Gov’t Affairs Chair – California Association of Mortgage Professionals (2017-2018) BRE ... » Learn More about Los Angeles County Housing Market Update
How a Partial Gov’t Shutdown Can Affect Real Estate Transactions and Mortgage Originations
Several of the Federal Government departments and agencies already have had their budgets approved by Congress. So they won't be affected by the looming potential gov't shutdown. A few areas of the government that may get caught up in a shutdown can have a direct effect on closing a mortgage. The ... » Learn More about How a Partial Gov’t Shutdown Can Affect Real Estate Transactions and Mortgage Originations