The California real estate market continues to stay solid. The quantity of residential sales are up year over year, but it would be no surprise for the sales to drop, as the available inventory levels have dropped. The byproduct of tight supply and strong demand is upward pressure on pricees. If ... » Learn More about California Market at a Glance
San Fernando Valley Residential Inventory Low Increasing Prices
The San Fernando Valley residential inventory is low, and substantially below the last few years. Properly priced properties are realizing multiple offers, and driving sales prices up. If you are in the Los Angeles region, have any questions or real estate sales or financing needs, feel free in ... » Learn More about San Fernando Valley Residential Inventory Low Increasing Prices
Ventura and Los Angeles Urban Growth Regulations: Their Unintended Impacts
Like most who live in the region of Los Angeles and Ventura Counties, we enjoy the beautiful open spaces, and hate the traffic. The 2016 Ventura County Economic Outlook references how the urban growth controls have unintended consequences. Growth controls have been in effect for years in most ... » Learn More about Ventura and Los Angeles Urban Growth Regulations: Their Unintended Impacts
How Non-Permitted Improvements Affects Property Values, Transactions, Loans, and What to Do About It (Presentation)
Non-permitted Rooms, Improvements, Garage Conversions... Learn how the utility, market value, and appraisal value of a property can differ, affect real estate transactions, and what to do about it. This will be a very enlightening subject you will not want to miss. Ron Henderson President/Broker ... » Learn More about How Non-Permitted Improvements Affects Property Values, Transactions, Loans, and What to Do About It (Presentation)
Mortgage Rates Drop A Lot! Federal Reserve Was Way Off Base in December
When the Federal Reserve increased the Fed Rate from 0% to .25% in December, Fed Chair Janet Yellen indicated the Fed expected four rate increases during 2016. What's happening so far in 2016 is a perfect example of what I was conveying in my blog in September "Fed Rate and Affect on Mortgage Rates ... » Learn More about Mortgage Rates Drop A Lot! Federal Reserve Was Way Off Base in December