Over the past 6 months, the evidence for a shift in the market has mounted. Sales have been on the decline. Homes are staying on the market longer as the median number of days on market continue to increase. Sellers are beginning to have to discount their properties again, with 42% of active ... » Learn More about San Fernando Valley Real Estate Market Continues It’s Shift
economics
Fed Funds Rate Increased As Expected, Future Rate Forecast
The Federal Reserve increased their target rate for the Fed Funds another .25% today (Sept 26, 2018) to 2.0-2.25%. The gradual increase is expected to continue in the future. Another .25% as soon as this December. The Fed has direct control of the short term rates. This increase will directly ... » Learn More about Fed Funds Rate Increased As Expected, Future Rate Forecast
Is This a San Fernando Valley Real Estate Market Change, Or a Seasonal Adjustment?
The real estate market is regional. The San Fernando Valley Los Angeles residential real estate market has been slowing for the last few months, but it’s just now showing up in the statistics. Visually you can see in the charts a spike in the inventory, and the quantity of sales dropping off ... » Learn More about Is This a San Fernando Valley Real Estate Market Change, Or a Seasonal Adjustment?
California Real Estate Market At A Glance July 2018
If you are in the Los Angeles area, have any questions or real estate sales or financing needs, feel free in contacting me. Ron Henderson GRI, RECS, CIAS President/Broker Multi Real Estate Services, Inc. Gov’t Affairs Chair – California Association of Mortgage Professionals (2017-2018) BRE ... » Learn More about California Real Estate Market At A Glance July 2018
Recent Washington DC Legislative Conference
As Government Affairs Co-Chair for the California Association of Mortgage Professionals (CAMP) I was a California Delegate for the National Association of Mortgage Professionals (NAMB) Legislative and Regulatory Conference. This conference is always educational and productive. We interface with ... » Learn More about Recent Washington DC Legislative Conference