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
California Real Estate market
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
California Real Estate March Sales and Pricing
California home sales rose from both the previous month and year to the highest sales pace in six months, while tight inventory levels push home prices higher. If you are in the Los Angeles region, have any questions or real estate sales or financing needs, feel free in contacting: Ron ... » Learn More about California Real Estate March Sales and Pricing
California Market at a Glance
The California real estate market continues to stay solid. The quantity of residential sales are up year over year, but it would be no surprise for the sales to drop, as the available inventory levels have dropped. The byproduct of tight supply and strong demand is upward pressure on pricees. If ... » Learn More about California Market at a Glance