The San Fernando Valley housing market continues to reset. The number of active listings is up as sales slow. New listings coming on the market are down because owners with low 3% mortgage rates will hold off on selling, plus there is a seasonal element to the quantity of new listings generally ... » Learn More about San Fernando Valley, CA Housing Market Snapshot October 2022
Los Angeles Real Estate market
Buyers Chase the Market Up, Sellers Chase the Market Down
Understanding the dynamics of a real estate market is critical. Real estate and economic cycles may have different catalysts, but the ultimate result is the same. Property values go up, and they go down. Over time the values are always higher, but the cycles may take years to cycle through. The ... » Learn More about Buyers Chase the Market Up, Sellers Chase the Market Down
San Fernando Valley Housing Inventory Increases, Pricing to Stabilize
It's all about supply and demand. The inventory of housing stock in the San Fernando Valley is increasing. The tricky part is so are interest rates. What we've experienced over the past few years has been an unhealthy real estate market. The Gov't artificially lowering interest rates to offset the ... » Learn More about San Fernando Valley Housing Inventory Increases, Pricing to Stabilize
San Fernando Valley Los Angeles Real Estate Report May 2022
The higher interest rates are having an effect on San Fernando Valley housing transactions, but mainly in the capacity of how many qualified offers are being sent for the limited properties on the market... and sellers have to be more realistic on their listing prices. When the media reports ... » Learn More about San Fernando Valley Los Angeles Real Estate Report May 2022
San Fernando Valley Los Angeles Real Estate Market Report April 2022
San Fernando Valley real estate is starting to feel the effects of higher mortgage rates, and high property values... but the supply of homes is still substantially lower than the general population needs. What does that mean? Property values will continue to appreciate, abet at a lower rate than ... » Learn More about San Fernando Valley Los Angeles Real Estate Market Report April 2022