Here’s is a report card as an overview of the residential real estate market for Los Angeles County.
In a nut shell, employment is up, affordability has been dropping, the housing inventory is historically and dangerously low. It’s supply and demand. Appreciation will continue. The compounding year over year appreciation is a primary reason to own real estate.
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 NMLS #310358
www.mres.com
ronh@mres.com
Specialist in the Art of Real Estate Sales and Finance
Real Estate market, mortgage rates, Los Angeles, San Fernando Valley, Conejo Valley, Simi Valley, Woodland Hills, West Hills, Calabasas, Chatsworth
Leave a Reply