Mortgage rates have been on a wild ride the past few years, and we’re still not back to anything close to “normal.” As of mid May, the 30-year fixed rate is hovering around 6.92%. That’s down from the peaks in late 2023, but still double what we saw back in 2021. So where are things headed? It’s ... » Learn More about Mortgage Rates, Inflation, and a Whole Lot of Uncertainty
housing affordability
San Fernando Valley Real Estate Snapshot April 2025
What the Latest Numbers Say About Where We’re Headed Even with interest rates still hovering higher than we'd like, the San Fernando Valley housing market isn’t standing still it’s shifting. Inventory is building, buyer behavior is changing, and the numbers from April 2025 tell a story. Condo ... » Learn More about San Fernando Valley Real Estate Snapshot April 2025
The Hidden Costs of Homeownership (And How to Plan for Them)
Most people buying a home focus on the obvious costs—the down payment, the loan, and the monthly mortgage. But what often doesn’t get enough attention are all the other expenses that come with owning and keeping a home in good shape. Whether it’s your first home or your fifth, these “hidden” ... » Learn More about The Hidden Costs of Homeownership (And How to Plan for Them)
San Fernando Valley Los Angeles Housing Market and Macroeconomic Update April 2025
A few recent observations on what’s transpiring presently as we’re entering the “Spring Housing Season” but in the middle of a chaotic economic environment: • Consumer confidence is down because of uncertainties – Tariffs, Jobs, Stock Market returns, selling or buying properties… Are these ... » Learn More about San Fernando Valley Los Angeles Housing Market and Macroeconomic Update April 2025
LA’s Housing Dilemma: Why We Have More Renters and Fewer Homeowners
Over the past 50 years, homeownership rates in Los Angeles County have fluctuated due to economic conditions, housing policies, and demographic shifts. Between 1954 and 1989, California saw an average of more than 200,000 new homes built annually, with multifamily housing making up a significant ... » Learn More about LA’s Housing Dilemma: Why We Have More Renters and Fewer Homeowners