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Change in Home Value After 10 Years

February 13, 2024 by Ron Henderson

Change Home Values 10 years

Talk about a winning record! Buying a home and holding it for 10 years has earned a profit every year except one since 1942. Just look at those returns, too! Housing builds significant, long-term wealth. Ron Henderson GRI, SRES, SFR, RECS, CIAS, GREENPresident/BrokerMulti Real Estate Services, ... » Learn More about Change in Home Value After 10 Years

Filed Under: Market Updates Tagged With: economics, first time buyers, housing affordability, San Fernando Valley Real Estate Market

New Free Real Estate Book INHERITED – WILLS, TRUSTS AND REAL ESTATE : INHERITANCE STRATEGIES

February 8, 2024 by Ron Henderson

ok For WILLS, TRUSTS AND REAL ESTATE : INHERITANCE STRATEGIES

Do you know anyone who recently inherited a home, setting up an estate plan, or dealing with the loss of a loved one? I’ve made it my mission to help home sellers & families who may be going through a difficult time and need help to analyze their options regarding their real estate holdings. ... » Learn More about New Free Real Estate Book INHERITED – WILLS, TRUSTS AND REAL ESTATE : INHERITANCE STRATEGIES

Filed Under: Regulations and Laws Tagged With: Property tax exemption, property taxes

Are You Missing Out On Your Property Tax Exemption?

February 8, 2024 by Ron Henderson

tax upside the head

Since 1974, the state of California has offered to reduce the assessed value of any "owner-occupied home" by $7,000. That, in turn, reduces the home’s annual tax bill. You just have to apply once, and the ‘homeowners exemption’ will be applied automatically to your assessment until you move out or ... » Learn More about Are You Missing Out On Your Property Tax Exemption?

Filed Under: Regulations and Laws Tagged With: Prop 13, Property tax exemption, San Fernando Valley Real Estate Market

Update San Fernando Valley Home Prices 1959-2023

February 7, 2024 by Ron Henderson

Ave Sales Price Existing Home San Fernando Valley 1959-2023 Linear Chart

The end of 2023 saw the real estate residential home values in the San Fernando Valley (Los Angeles) reflect an aggregate average sales price of $875,000, 4% higher than the end of 2022. That doesn’t give the full story of the year though. Most of 2023 was in the throws of interest rate increases ... » Learn More about Update San Fernando Valley Home Prices 1959-2023

Filed Under: Market Updates Tagged With: economics, housing affordability, san fernando valley homes, San Fernando Valley Real Estate Market

1st Time Buyer -Shared Appreciation “California Dream For All” Loan; Good, But Not Really For All

January 25, 2024 by Ron Henderson

Dream-For-All-Shared-Appreciation-1

It’s hit the media, the second round of the government's “Dream For All” in 2024 will be very different than the first round last year. Created in 2022, Dream for All was originally envisioned as a 10-year, $10 billion investment before lawmakers scaled it back last year. In 2023 only $300 ... » Learn More about 1st Time Buyer -Shared Appreciation “California Dream For All” Loan; Good, But Not Really For All

Filed Under: Market Updates, Mortgage Rates, Regulations and Laws Tagged With: California Dream For All, California Real Estate market, Down Payment Assistance, economics, first time buyers, housing affordability, san fernando valley homes

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