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California Real Estate market

Is Insurance Becoming the Housing Market’s Achilles’ Heel?

Real estate heel

In recent times, insurance costs have been skyrocketing, leading to significant concerns within the real estate market. While some attribute this surge to "greedy insurance companies," there are various factors at play, including wildfires, floods, inflation, and delays from regulatory bodies like ... » Learn More about Is Insurance Becoming the Housing Market’s Achilles’ Heel?

Filed Under: Market Updates, Regulations and Laws Tagged With: california insurance issues, California Real Estate market, economics, Los Angeles Real Estate market

CalHFA Does Live Presentation On First Time Buyer Down Payment Assistance at the Outwest Real Estate Meeting June 30, 2023

CalHFA

The California Housing Finance Agency will be giving a presentation on their First Time Buyer Down Payment Assistance Programs at the Outwest Real Estate Education Meeting Friday 30, 2023. The presenter Leanne Walker CalHFA Lender Training and Outreach has given great presentations to Outwest in the ... » Learn More about CalHFA Does Live Presentation On First Time Buyer Down Payment Assistance at the Outwest Real Estate Meeting June 30, 2023

Filed Under: Regulations and Laws Tagged With: CALHFA, California Real Estate market, Down Payment Assistance, first time buyers

Do You Really Want To Bet On Housing Prices Going Down?

Of course, housing costs are very regionally oriented but let's take a look at housing price percentages historically from 1942 to 2022. There is some discussion about waiting for prices to come down. People think that because prices have gone up in 2020 and 2021 by large amounts, there must be a ... » Learn More about Do You Really Want To Bet On Housing Prices Going Down?

Filed Under: Market Updates Tagged With: California Real Estate market, Los Angeles Real Estate market, San Fernando Valley Real Estate Market

California Real Estate Market at a Glance January 2023

California-Real-Estate-Market-at-a-Glance-0123

If you are in the Los Angeles area, and have any questions or real estate sales or financing needs, feel free in contacting me Ron Henderson GRI, SRES, SFR, RECS, CIASPresident/BrokerMulti Real Estate Services, Inc.Gov’t Affairs Chair – California Association of Mortgage Professionals ... » Learn More about California Real Estate Market at a Glance January 2023

Filed Under: Market Updates Tagged With: California Real Estate market, housing affordability

Mortgage Rates Fall Back to Multi Month Lows

30 year mortgage 120721-120722 chart

The 30 year fixed mortgage rates have been steadily dropping and are a full percent lower than a month ago. 6.3% may not be 3% like we saw a year ago, but much better than the 7.5% seen in early November. We know the Federal Reserve will increase the Fed Funds Rate again next week. Their battle ... » Learn More about Mortgage Rates Fall Back to Multi Month Lows

Filed Under: Mortgage Rates Tagged With: California Real Estate market, economics, first time buyers, housing affordability, mortgage rates, San Fernando Valley Real Estate Market

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