The San Fernando Valley (Los Angeles) active housing inventory is up substantially across all price ranges. What does this mean? Real estate is a very regional element. National housing statistics that makes the news, has very little to do with what's happening in specific regions or neighborhoods. ... » Learn More about San Fernando Valley Housing Inventory Up All Price Ranges
California Real Estate market
California Housing Market at a Glance
The media is dwelling on the existing "national" home sales increasing month over month by almost 5%, when California's sales slowed by .6% month over month, and almost 10% year over year. This is prime time during the year when most sales are coming together. The statewide inventory level stayed ... » Learn More about California Housing Market at a Glance
Rons Real Estate News & Financing Updates May 20 2014
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California Housing Market at a Glance
The California Real Estate Market has slowed from its overheated condition in 2013. In a nutshell: * Existing Home Sales - quantity DOWN year over year (Tighter credit due to new loan legislation, higher prices, fewer investors buying into the higher market, and fewer traditional buyers qualifying ... » Learn More about California Housing Market at a Glance
Draft Tax Plan Would Limit Homeowners Tax Deductions
Rep. Dave Camp, Chair of the House Ways and Means Committee of the U.S. House of Representatives, recently unveiled a large-scale plan to overhaul the federal tax code. Included in his draft proposal was a significant limit on the mortgage interest deduction. Over four years, the amount of mortgage ... » Learn More about Draft Tax Plan Would Limit Homeowners Tax Deductions