If you are in the Los Angeles area, and have any questions or real estate sales or financing needs, feel free to contact me Ron Henderson GRI, SRES, SFR, RECS, CIAS, CREN, GREENPresident/BrokerMulti Real Estate Services, Inc.Gov’t Affairs Chair – Southland Regional Association of Realtors ... » Learn More about San Fernando Valley Real Estate Market End of 2024 Statistics
housing affordability
Behind the Headlines: What October’s San Fernando Valley, Los Angeles Housing Market Really Tells Us
I’ve mentioned this before, but the real estate headlines you see on the news are often behind the curve. Take today’s news: “Existing-home sales picked up in October, rising 3.4% for the month to a pace of 3.96 million. They also notched the first year-over-year gain (+2.9%) since July 2021. ... » Learn More about Behind the Headlines: What October’s San Fernando Valley, Los Angeles Housing Market Really Tells Us
How Trump’s Economic Plan Could Impact Mortgage Rates
When it comes to buying a home, mortgage rates play a massive role in determining affordability. With President-elect Trump’s potential economic policies on the horizon, it’s worth asking: how could these plans influence mortgage rates? Let’s break it down. 1. Fiscal Policies and Government Debt: ... » Learn More about How Trump’s Economic Plan Could Impact Mortgage Rates
Why Proposition 33 Misses the Mark on Housing Affordability
Proposition 33 has numerous unintended consequences. Economists across the political spectrum agree that rent control fails to address the root causes of housing affordability. By discouraging new apartment construction and deterring investment in rental properties, rent control exacerbates the very ... » Learn More about Why Proposition 33 Misses the Mark on Housing Affordability
Key Factors Driving San Fernando Valley’s Real Estate Market: Rates, Inventory, and Insurance
The residential real estate market in the San Fernando Valley, Los Angeles region, has stabilized. Inventory is up but still remains moderate by historical standards. The quantity of sales has dropped, and affordability remains tight. The recent drop in mortgage rates, from 8% in October 2023 ... » Learn More about Key Factors Driving San Fernando Valley’s Real Estate Market: Rates, Inventory, and Insurance