As the economy continues to recover from the impact of the pandemic, the Federal Reserve is taking measures to address inflation and manage economic momentum. With expectations of another 0.25% increase in the Fed Funds Rate, we are witnessing a gradual shift away from the 0% rate of April 2022. In ... » Learn More about Key Interest Rates, Mortgages, and the Federal Reserve’s Ongoing Actions
economics
Is Insurance Becoming the Housing Market’s Achilles’ 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?
All Indices Show Appreciation – Los Angeles Housing Prices Surge in 2023
The housing market in Los Angeles is experiencing a remarkable upswing in 2023, with all primary housing price indexes indicating strong appreciation. This surge is attributed to various factors, including constrained housing inventory and a recovery from the market bottom in November 2022. In this ... » Learn More about All Indices Show Appreciation – Los Angeles Housing Prices Surge in 2023
San Fernando Valley Housing Market Update – June 2023
If you've been holding out for the housing market to drop, the window of opportunity has closed. The market experienced a brief dip that hit its lowest point in November 2022. However, since then, we've witnessed a strong rebound, even with higher mortgage rates, making it a bit more challenging for ... » Learn More about San Fernando Valley Housing Market Update – June 2023
Rate Rollercoaster: Insights into the Last 10 Years of Mortgage Rates
What a past decade... Society and interest rates have been on a roller coaster. The primary gyrations were caused by a pandemic, the economic effects, and the Federal Reserve's reactions. Back in the 2013-2019 period, we were in a generally "normal" economic environment, having come out of the ... » Learn More about Rate Rollercoaster: Insights into the Last 10 Years of Mortgage Rates