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 ... » Learn More about California State Housing Affordability Q1 2019
California Real Estate market
California Real Estate Market at a Glance April 2019
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 ... » Learn More about California Real Estate Market at a Glance April 2019
Very Few Foreclosures in the System
A client the other day asked "how about a deal on foreclosures?". The quantity of foreclosures, or distress sales in the system are at historic lows. Back during the recession 10 years ago, foreclosures and short sales were a combined 70% of the real estate sales transactions. Now they're only a ... » Learn More about Very Few Foreclosures in the System
California Housing Market at a Glance
Based on the California state housing market statistics, year over year pricing is up 1.5%, sales are down 11.6%, inventory is up 40% to 3.5 months (note 5 months is considered normal), and the time on the market is up 28%. Overall the state statistics reflect a slowing, but fairly normalized ... » Learn More about California Housing Market at a Glance
San Fernando Valley Real Estate Market Continues It’s Shift
Over the past 6 months, the evidence for a shift in the market has mounted. Sales have been on the decline. Homes are staying on the market longer as the median number of days on market continue to increase. Sellers are beginning to have to discount their properties again, with 42% of active ... » Learn More about San Fernando Valley Real Estate Market Continues It’s Shift