October had very solid numbers for California real estate. Over the next couple months the effect of the interest rates jumping substantially after the election will permeate into the affordability index. The rate increase is not reflected in these numbers. It's normal for fence sitters to jump ... » Learn More about California Market at a Glance
housing affordability
California Real Estate Market at a Glance
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 ... » Learn More about California Real Estate Market at a Glance
California Housing Affordability by County
The second quarter of 2016 shows the historical norm of the coastal areas being traditionally less affordable than the inland areas. Contributing factors tight inventory, low interest rates, more available buildable land inland, income not keeping up with appreciation. If you are in the Los ... » Learn More about California Housing Affordability by County
4 Ways BREXIT Will Affect the Los Angeles Real Estate Market
The British referendum to leave the European Union broadsided the financial markets last week. So much for the polls that predicted a different result. There are several variables. One thing we do know is this divorce will take years to be completed. There is also the potential there can be other ... » Learn More about 4 Ways BREXIT Will Affect the Los Angeles Real Estate Market
Interest Rates Drop – Fed On Hold (again)
A combination of weak job numbers, mixed economic indicators, and the potential Britain exit of the European Union (BREXIT), has put the Federal Reserve on hold to increase the Fed Funds Rate. Internationally some countries interest rates have gone negative. That means if you put money into a ... » Learn More about Interest Rates Drop – Fed On Hold (again)