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
Los Angeles Real Estate market
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
Why the Structural Elements of New Housing Construction and Age Demographics Feeds Into a Continuing Strong Real Estate Market
Housing follows the basic economic 101 fact that if demand is higher than supply, pricing will go up. The age chart reflects the Millennials are in their prime housing formation years. The aging population is staying put, and the average time of housing retention used to be 7 years, now it's 11. ... » Learn More about Why the Structural Elements of New Housing Construction and Age Demographics Feeds Into a Continuing Strong Real Estate Market