The Los Angeles, San Fernando Valley and the California state housing market statistics have many of the same characteristics. Unsold inventory is historically tight, days on the market are low, regardless on the drop in the affordability index. If you look at the San Fernando Valley charts you ... » Learn More about California and Los Angeles Real Estate Market Update
The Government Regulations & Dodd Frank Miss the Real Target on Avoiding Another Mortgage Meltdown
Instead of the government taking a scalpel to the problems that created the economic meltdown and mortgage backed security issues in 2007, they did a shotgun blast, and missed the target. Yes, there was plenty of blame to go around that created the Great Recession. Banks underwriting not doing ... » Learn More about The Government Regulations & Dodd Frank Miss the Real Target on Avoiding Another Mortgage Meltdown
Monthly National Housing Data
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 ... » Learn More about Monthly National Housing Data
Workshop on Homeowners Associations: How HOA Variables Can Make or Break a Purchase Transaction
I'll be conducting a workshop on Homeowners Associations for Realtors at the Outwest Marketing Meeting in Canoga Park, CA this Friday July 28 at 8:15am. There are variables that can be disruptive, or detrimental to a transaction if not evaluated properly, or if it's not fully understood what ... » Learn More about Workshop on Homeowners Associations: How HOA Variables Can Make or Break a Purchase Transaction
Housing Affordability Index Based on May 2017
At the national level, housing affordability is down from last month and down from a year ago. Mortgage rates increased to 4.01 percent this May, up compared to 3.83 percent a year ago. Housing affordability declined from a year ago in May moving the index down 5.4 percent from 161.8 to 153.0. ... » Learn More about Housing Affordability Index Based on May 2017