The Fed’s decision to not increase the Fed Funds Rate from the 1-1.25% range was no surprise. It did shock the financial markets that they aren’t going to kick the can down the road, and will start to do their Quantitative Tightening this October. Here are the facts to wrap your head ... » Learn More about Fed Decision Wednesday to Not Increase Fed Funds Rate, Nothing Compared to Planned Quantitative Tightening to Affect Mortgages
housing affordability
California Housing Update / The Housing Crisis – California Economic Forecast
Last week I attended the 2017 Entrepreneur Economic Forecast Conference covering the 2018 Los Angeles / Ventura County's Economic Outlook. The following analysis from the consulting firm emphases the housing supply and demand malfunction, and the local governments obstructions in fulfilling the ... » Learn More about California Housing Update / The Housing Crisis – California Economic Forecast
California and Los Angeles Real Estate Market Update
The Los Angeles, San Fernando Valley and the California state housing market statistics have many of the same characteristics. Unsold inventory is historically tight, days on the market are low, regardless on the drop in the affordability index. If you look at the San Fernando Valley charts you ... » Learn More about California and Los Angeles Real Estate Market Update
Seller’s Real Estate Market Challenges
If you are in the Los Angeles area, have any questions or real estate sales or financing needs, feel free in contacting me. Ron Henderson GRI, RECS, CIAS President/Broker Multi Real Estate Services, Inc. Gov’t Affairs Chair – California Association of Mortgage Professionals BRE #00905793 ... » Learn More about Seller’s Real Estate Market Challenges
Southern California Housing Year Over Year Pricing (Up) and Sales (Down)
Available inventory continues to be the story in Southern California housing numbers. Housing affordability is an issue, as incomes haven't kept up with prices, but the demand is still greater than than the available properties for sale, so housing prices continues to march higher. The quantity of ... » Learn More about Southern California Housing Year Over Year Pricing (Up) and Sales (Down)