The mortgage rates have had gyrations over the past few months, presently just under 7% for the 30-year fixed. The buyer base is getting accustomed to the higher rates, but rates still affect the affordability, especially when paired with the property values going up. In a normal housing ... » Learn More about San Fernando Valley Real Estate Market Update March 2024
first time buyers
Change in Home Value After 10 Years
Talk about a winning record! Buying a home and holding it for 10 years has earned a profit every year except one since 1942. Just look at those returns, too! Housing builds significant, long-term wealth. Ron Henderson GRI, SRES, SFR, RECS, CIAS, GREENPresident/BrokerMulti Real Estate Services, ... » Learn More about Change in Home Value After 10 Years
1st Time Buyer -Shared Appreciation “California Dream For All” Loan; Good, But Not Really For All
It’s hit the media, the second round of the government's “Dream For All” in 2024 will be very different than the first round last year. Created in 2022, Dream for All was originally envisioned as a 10-year, $10 billion investment before lawmakers scaled it back last year. In 2023 only $300 ... » Learn More about 1st Time Buyer -Shared Appreciation “California Dream For All” Loan; Good, But Not Really For All
San Fernando Valley Real Estate Market Update Mid-December 2023
The San Fernando Valley Los Angeles region’s housing market has remained solid. Presently we have the seasonal slowdown in play, but the recent drop in mortgage rates will no doubt stimulate activity. Affordability levels are low because of the higher rates and values. The lower rates will help ... » Learn More about San Fernando Valley Real Estate Market Update Mid-December 2023
Navigating the San Fernando Valley Housing Market in Fall 2023
As the San Fernando Valley housing market transitions from the scorching summer into the cooler days of fall, it maintains its position as a highly competitive and dynamic landscape. Tight Inventory Persists: One of the defining characteristics of the San Fernando Valley housing market in 2023 ... » Learn More about Navigating the San Fernando Valley Housing Market in Fall 2023