The San Fernando Valley (Los Angeles) single family housing inventory is up in all price ranges year over year. The $450,000 to $600,000 price range jumped from a historic low of 285 properties in July 2013 to 487 July 2014. That price range incorporates the median sales price of around $500,ooo. ... » Learn More about San Fernando Valley Housing Inventory Up All Price Ranges
California Real Estate market
San Fernando Valley (Los Angeles) Real Estate Market Update
The San Fernando Valley real estate market continues it's transformation from being an overheated market seller's market, to one of neutrality between buyers and sellers. The supply and demand has changed substantially over the past 10 months. The active inventory has increased substantially, and ... » Learn More about San Fernando Valley (Los Angeles) Real Estate Market Update
Ron Henderson to Give Presentation on Mortgage Market How it Works and Current Trends August 6
"Show me the money!" Ron Henderson from AmerFund Lending Group will discuss the general market overview, the effect of the CFPB & Dodd Frank Financial Regulations on mortgages, and the changing roles of banks, small lenders and private money. There will be plenty of time for Q & A. Learn ... » Learn More about Ron Henderson to Give Presentation on Mortgage Market How it Works and Current Trends August 6
California Housing Market at a Glance – Prices Dropped!
After several years of appreciating values, California's median home prices dropped slightly month over month. As I've been conveying for the past year, the market has been changing from a sellers market to one of neutrality. Existing Home Sales are up a slight 1.5% month over month, but down ... » Learn More about California Housing Market at a Glance – Prices Dropped!
San Fernando Valley Housing Inventory Up, Sales Down
San Fernando Valley active inventory is higher than at any point in the past two years, and the sales volume is below the last two years. Even though property values are still appreciating, it is at a much lower level than we've seen over the past 3 years. The supply and demand ratio conveys that ... » Learn More about San Fernando Valley Housing Inventory Up, Sales Down