Ron Henderson President/Broker of Multi Real Estate Services Los Angeles, CA discusses a new Fannie and Freddie appraisal “review” system that could possibly turn the real estate industry upside down with delays, higher costs and dead deals. The Collateral Underwriter is active January 26, 2015. If ... » Learn More about New Appraisal System Will Hurt Values and Be Flipper’s Nightmare
California Housing Prices Plateauing
California real estate values dropped a huge 59% from it's peak May of 2007 to it's bottom February 2009. Then the big money realized housing was priced below it's long term fundamental levels. The institutional and foreign investors came in hard, pushing aside the traditional domestic buyers, and ... » Learn More about California Housing Prices Plateauing
Homeownership Rate Drops While Renter Households Increase
According to the Housing Vacancy Survey conducted by the Bureau of the Census, U.S. housing demand grew by 541,000 households between Q3 2013 and Q3 2014, while the national homeownership rate declined 90 bps—from 65.3% to 64.4%. Over this period, total household growth and the decline in the ... » Learn More about Homeownership Rate Drops While Renter Households Increase
San Fernando Valley Home Numbers Stable
The San Fernando Valley residential real estate market over the past couple months has shown a very stable condition. If we reference the charts, the active inventory level has been flat over the past few months. This is after a major inventory increase over the past year and a half. The quantity of ... » Learn More about San Fernando Valley Home Numbers Stable
Beautiful 3 Bedroom Home in Extraordinary Valencia Neighborhood Available
Beautiful remodeled 3 Bedroom 3 Bath Valencia Northbridge Pool Home, located on a very private lot in a cul-de-sac. Upgrades throughout. The entertainer’s backyard features a private sparkling pool, spa and waterfall that augments the HOA pool, spa, clubhouse, tennis courts, basketball courts and ... » Learn More about Beautiful 3 Bedroom Home in Extraordinary Valencia Neighborhood Available