As expected the mortgage interest rates have been going up for several months. As they say, don't fight the Fed. In reality, the Federal Reserve has been hitting the interest rates on two levels. Moving the Fed Funds Rate a 1/4% every few months, increasing the short term rates... and slowly ... » Learn More about Mortgage Rates are Up, Hopefully Stabilize for a Little While
housing affordability
Los Angeles Housing Affordability for Renters
As reflected in the HARI, Housing Affordability Renters Index, the Los Angeles region is the least affordable in the nation at 18%. The home ownership rate is also the lowest at 47.7%, which translates to Los Angeles having a higher percentage of renters than owners. Compare that to the Phoenix area ... » Learn More about Los Angeles Housing Affordability for Renters
All Tax Liens Will Be Removed from Credit Reports
Last year, the three National Credit Reporting Agencies (NRAs) – Equifax, Experian and TransUnion – started to implement enhanced standards for collecting and updating public record data reported on consumer reports, in accordance with the National Consumer Assistance Plan (NCAP) requirements. As a ... » Learn More about All Tax Liens Will Be Removed from Credit Reports
Case Shiller Shows Los Angeles Housing Up 7.1% YOY, Where Will It Be Next Year!
The Case Shiller index shows the housing values in Los Angeles had a monthly increase of .6%, and a year over year increase of 7.1%. Historically, over the past 42 years property values in the Los Angeles region appreciated 4.99% annually, including the massive drop during the 2008 housing/economic ... » Learn More about Case Shiller Shows Los Angeles Housing Up 7.1% YOY, Where Will It Be Next Year!
7 Factors to Watch For That Will Affect the San Fernando Valley (Los Angeles) Housing Market in 2018
How are elements in 2018 going to treat the San Fernando Valley (Los Angeles) housing market? Real estate housing markets are local. Many factors affect housing prices more in one area/neighborhood than another. One constant is the economic reality of supply and demand, regardless of the product. ... » Learn More about 7 Factors to Watch For That Will Affect the San Fernando Valley (Los Angeles) Housing Market in 2018