I usually only blog original content but I'm snagging some information conveyed by my friend Laine Caspi - Insurance Agent/Agency Owner at Paratus Insurance Services that's relevant to the insurance issues in California. There's banter about the insurance companies being greedy, but what we do ... » Learn More about Insurance In California, The Mess Explained
housing affordability
From Enforcement to Equality: Reassessing Crime-Free Housing Policies in Light of Racial Disparity
Because of crime levels rising through the years, some cities, including Los Angeles, enacted “Crime-Free Housing” Policies requiring landlords to evict tenants accused of breaking the law. In many ways, the policy turned the Housing Providers into a quasi police force, where they couldn’t turn a ... » Learn More about From Enforcement to Equality: Reassessing Crime-Free Housing Policies in Light of Racial Disparity
Update San Fernando Valley Home Prices 1959-2022
The end of 2022 saw the real estate residential home values in the San Fernando Valley (Los Angeles) reflect an aggregate average sales price of $840,000, 4% lower than the end of 2021. That doesn't give the full story of the year though. In May 2022 the price hit $950,000. The closing prices ... » Learn More about Update San Fernando Valley Home Prices 1959-2022
California Real Estate Market at a Glance January 2023
If you are in the Los Angeles area, and have any questions or real estate sales or financing needs, feel free in contacting me Ron Henderson GRI, SRES, SFR, RECS, CIASPresident/BrokerMulti Real Estate Services, Inc.Gov’t Affairs Chair – California Association of Mortgage Professionals ... » Learn More about California Real Estate Market at a Glance January 2023
Mortgage Rates On A Roller Coaster
From the peak of the recent mortgage rates in October '22 at 7.375%, they then dropped to 6.0% when the Federal Reserve made their last .25% increase in the Fed Funds Rate. The perception of the mortgage bond market was the Fed was beating the inflation monster. But then Rates have been rising at a ... » Learn More about Mortgage Rates On A Roller Coaster