San Fernando Valley active inventory is higher than at any point in the past two years, and the sales volume is below the last two years. Even though property values are still appreciating, it is at a much lower level than we've seen over the past 3 years. The supply and demand ratio conveys that ... » Learn More about San Fernando Valley Housing Inventory Up, Sales Down
first time buyers
San Fernando Valley Housing Inventory Up All Price Ranges
The San Fernando Valley (Los Angeles) active housing inventory is up substantially across all price ranges. What does this mean? Real estate is a very regional element. National housing statistics that makes the news, has very little to do with what's happening in specific regions or neighborhoods. ... » Learn More about San Fernando Valley Housing Inventory Up All Price Ranges
California Housing Market at a Glance
The media is dwelling on the existing "national" home sales increasing month over month by almost 5%, when California's sales slowed by .6% month over month, and almost 10% year over year. This is prime time during the year when most sales are coming together. The statewide inventory level stayed ... » Learn More about California Housing Market at a Glance
4 Types of Homes That Won’t Sell – At Least Not Yet
Low inventories continue to plague housing markets across the country, as buyers face limited options and more bidding wars. But with home prices rising, more sellers are starting to put their homes on the market. However, more than half of all existing homes are unlikely to be put up for sale ... » Learn More about 4 Types of Homes That Won’t Sell – At Least Not Yet
2013 Was the Third Lowest Share of First Time Buyers in Last 30 Years
The share of first-time buyers stays below the long run average of 38 percent and is the lowest ever since 2006. After raising a little in 2012, the proportion of first-time buyers began dipping again this year as more real estate investors crowded out the lower-priced residential properties. ... » Learn More about 2013 Was the Third Lowest Share of First Time Buyers in Last 30 Years