In today's atypical economic environment, the real estate market is exhibiting some unexpected trends. In a typical scenario, soaring interest rates would put a damper on both the volume of home sales and property prices. However, this is far from a typical economic environment. Let's delve into the ... » Learn More about San Fernando Valley Real Estate Market Update October 2023
Navigating the Rising Mortgage Rates: Understanding the Factors at Play
The current financial landscape is witnessing a surge in mortgage rates, with a standard 30-year fixed loan hitting 8%. This abrupt increase has left many homeowners and potential buyers wondering about the factors driving these changes and what the future holds for mortgage rates. In this blog ... » Learn More about Navigating the Rising Mortgage Rates: Understanding the Factors at Play
Mortgage Rates Still Over 7%, the Fed, and Housing Affordability
The Standard 30 Year Fixed Rate Mortgage still hovers above 7%. With the Federal Reserve's ongoing debates about whether to maintain the 5.25% Fed Funds Rate or raise it another 0.25% at their upcoming meeting, prospective homebuyers and current homeowners are faced with some tough decisions. ... » Learn More about Mortgage Rates Still Over 7%, the Fed, and Housing Affordability
Avoid Fraud – Los Angeles County e-Notification Alerts
There’s a lot of fraud against real estate owners. With the e-Notification service, you can register your email now to be alerted whenever a foreclosure, transfer of title, or mortgage is recorded on your property with the Los Angeles County Registrar-Recorder/County Clerk. This notification allows ... » Learn More about Avoid Fraud – Los Angeles County e-Notification Alerts
Navigating the San Fernando Valley Housing Market in Fall 2023
As the San Fernando Valley housing market transitions from the scorching summer into the cooler days of fall, it maintains its position as a highly competitive and dynamic landscape. Tight Inventory Persists: One of the defining characteristics of the San Fernando Valley housing market in 2023 ... » Learn More about Navigating the San Fernando Valley Housing Market in Fall 2023