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 Real Estate market
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
California Housing Market at a Glance
The California month over month home sales jumped almost 10%. That was to be expected because the November sales dropped due to the new Truth in Lending, RESPA, Integrated Disclosures (TRID) delaying closings. The Affordability Index has been hanging in there and not being affected by the 8% ... » Learn More about California Housing Market at a Glance
Where New Bubbles are Being Formed, and the Affect on the Housing Market
As a follow up to the presentation “The Big Short, the Housing Bubble and Subsequent Mortgage Meltdown Explained", this presentation will cover the history of governmental policies, where new bubbles are being formed, and the future of the local housing market. Ron Henderson President / Broker ... » Learn More about Where New Bubbles are Being Formed, and the Affect on the Housing Market
California Real Estate Market at a Glance
California median home price up year over year 6.8%, but down .2% month to month. The quantity of sales dropped 8.4% month over month, and dropped 1.6$. The inventory jumped 13.5% month over month. The seasonal change is typical, and the impact of El Nino on Northern California sales may skew the ... » Learn More about California Real Estate Market at a Glance