The Federal Housing Finance Agency (FHFA) today increased the conforming loan limits for Freddie Mac and Fannie Mae from $417,000 to $424,100. This is the first time the loan limit climbed above $417,000 in 10 years. The baseline loan limit was established by the Housing and Economic Recovery ... » Learn More about Conforming Loan Limit Increased the First Time in 10 Years
Los Angeles Real Estate market
San Fernando Valley Median Home Price for August is the Highest Since 2007
The Southland Regional Association of Realtors The median price of single-family homes sold throughout the San Fernando Valley during August came in at $625,000 — the highest median price since 2007, the Southland Regional Association of Realtors reported on Thursday, Sept. 15. That was ... » Learn More about San Fernando Valley Median Home Price for August is the Highest Since 2007
San Fernando Valley Inventory Still Low
Real estate prices are a result of supply vs demand. The local market has been slowing down, but the active inventory is still low. Some people have been talking about a bubble, but until the inventory rises substantially, that's not a possibility. The real estate market changes direction very ... » Learn More about San Fernando Valley Inventory Still Low
West Hills 4 Bedroom with Guest House, Workshop, 3 Car Garage, Large Lot and Much More (Rented !)
SORRY, RENTED !!!Wow! What a unique and flexible property with so many possible uses! A 4 bedroom 2 1/2 bathroom main house, a fully self-contained guest house, large separate workshop, a spa, 3 car garage on a huge private 20,000 sq.ft. lot on the end on a cul-de-sac! If you're housing an extended ... » Learn More about West Hills 4 Bedroom with Guest House, Workshop, 3 Car Garage, Large Lot and Much More (Rented !)
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