If you are in the Los Angeles area, and have any questions or real estate sales or financing needs, feel free to contact me Ron Henderson GRI, SRES, SFR, RECS, CIAS, CREN, GREENPresident/BrokerMulti Real Estate Services, Inc.Gov’t Affairs Chair – Southland Regional Association of Realtors ... » Learn More about San Fernando Valley Real Estate Market End of 2024 Statistics
economics
From Peaks to Dips: Understanding the Mortgage Rate Rollercoaster of 2023-2024
Mortgage rates reached their highest levels in the intermediate cycle at around 8% in October 2023. Over the following year, they gradually declined, hitting a low of 6% by October 2024. This drop coincided with the Federal Reserve's first rate cut of the year, a widely anticipated move that had ... » Learn More about From Peaks to Dips: Understanding the Mortgage Rate Rollercoaster of 2023-2024
How Trump’s Economic Plan Could Impact Mortgage Rates
When it comes to buying a home, mortgage rates play a massive role in determining affordability. With President-elect Trump’s potential economic policies on the horizon, it’s worth asking: how could these plans influence mortgage rates? Let’s break it down. 1. Fiscal Policies and Government Debt: ... » Learn More about How Trump’s Economic Plan Could Impact Mortgage Rates
Why Proposition 33 Misses the Mark on Housing Affordability
Proposition 33 has numerous unintended consequences. Economists across the political spectrum agree that rent control fails to address the root causes of housing affordability. By discouraging new apartment construction and deterring investment in rental properties, rent control exacerbates the very ... » Learn More about Why Proposition 33 Misses the Mark on Housing Affordability
Key Factors Driving San Fernando Valley’s Real Estate Market: Rates, Inventory, and Insurance
The residential real estate market in the San Fernando Valley, Los Angeles region, has stabilized. Inventory is up but still remains moderate by historical standards. The quantity of sales has dropped, and affordability remains tight. The recent drop in mortgage rates, from 8% in October 2023 ... » Learn More about Key Factors Driving San Fernando Valley’s Real Estate Market: Rates, Inventory, and Insurance