Real estate prices are a result of supply vs demand. The local market has been slowing down, but the active inventory is still low. Some people have been talking about a bubble, but until the inventory rises substantially, that's not a possibility. The real estate market changes direction very ... » Learn More about San Fernando Valley Inventory Still Low
California Real Estate market
4 Ways BREXIT Will Affect the Los Angeles Real Estate Market
The British referendum to leave the European Union broadsided the financial markets last week. So much for the polls that predicted a different result. There are several variables. One thing we do know is this divorce will take years to be completed. There is also the potential there can be other ... » Learn More about 4 Ways BREXIT Will Affect the Los Angeles Real Estate Market
A Sample of Pending California Real Estate Legislation
As a Government Affairs Chair for the California Association of Mortgage Professionals I was recently in Sacramento advocating for the consumer of housing, discussing housing issues and pending legislation with our state Senators and Assembly Members. One thing of interest, our representatives in ... » Learn More about A Sample of Pending California Real Estate Legislation
Is the San Fernando Valley Real Estate Market Slowing Down?
Interesting new statistics on the San Fernando Valley housing numbers. Basic economics... the market and pricing are based on supply and demand. Because of tight inventory, multiple offers have been driving up prices on San Fernando Valley real estate. The inventory level is still historically low ... » Learn More about Is the San Fernando Valley Real Estate Market Slowing Down?
Latest Case Shiller Index Showing Strong Price Gains in Los Angeles
The S&P Case Shiller Housing Index is a lagging index, but is more accurate than most of the other indexes. The 20-City Composite Home Price Index rose 5.4 percent in February. The Los Angeles index reflects a 0.7% monthly change and a 6.8% year over year increase. The monthly housing price ... » Learn More about Latest Case Shiller Index Showing Strong Price Gains in Los Angeles