The San Fernando Valley housing market continues to face some significant challenges. Sales activity is slowing, affordability remains a major obstacle, and mortgage interest rates have taken another substantial jump. Interestingly, inventory is also declining, which makes this market a little more ... » Learn More about San Fernando Valley Housing Market For September 2026: Sales Slow, Inventory Tightens, and Mortgage Rates Climb
economics
Why All the Paperwork? The Reality of a California Real Estate Transaction: It’s Not a Garage Sale
One of the complaints I hear periodically from buyers and sellers is pretty simple: “Why is there so much paperwork?” It’s a fair question. After 40 years of selling real estate and originating mortgage loans in California, I can tell you that the amount of paperwork involved in a real estate ... » Learn More about Why All the Paperwork? The Reality of a California Real Estate Transaction: It’s Not a Garage Sale
Oil, Inflation, the Fed, the National Debt, and Why Mortgage Rates May Stay Higher
If you’ve been watching mortgage rates lately, you’ve probably noticed something: they’re going the wrong direction again. The Freddie Mac 30-year fixed mortgage rate jumped to 7.28% as of October 1, up from 7.03% just one week earlier. A year ago, it was 6.34%. There are obviously a lot of ... » Learn More about Oil, Inflation, the Fed, the National Debt, and Why Mortgage Rates May Stay Higher
San Fernando Valley Housing Market Update: Rising Rates and a Market Sending Mixed Signals
The June housing numbers for the San Fernando Valley are out, and on the surface, they don't look all that bad. The median sales price for a single family home reached $1,185,000, up 3% year-over-year, while closed sales actually increased 6% compared to June of last year. But if you've been in ... » Learn More about San Fernando Valley Housing Market Update: Rising Rates and a Market Sending Mixed Signals
Modernizing the Fed: Why Better Data Means Better Interest Rate Decisions
I’ve said it several times, one thing has become increasingly clear over the past several years… the economy moves faster than the Federal Reserve's traditional decision making process. The Fed has a difficult job. It has to balance inflation, employment, economic growth, and financial stability, ... » Learn More about Modernizing the Fed: Why Better Data Means Better Interest Rate Decisions