After several years of appreciating values, California's median home prices dropped slightly month over month. As I've been conveying for the past year, the market has been changing from a sellers market to one of neutrality. Existing Home Sales are up a slight 1.5% month over month, but down ... » Learn More about California Housing Market at a Glance – Prices Dropped!
san fernando valley homes
Decline in Foreclosures Reaches ‘Important Milestone’
Foreclosure activity in June was down 16 percent from a year prior, marking the lowest level since July 2006 — before the housing bubble burst — according to RealtyTrac's Midyear 2014 U.S. Foreclosure Market Report. The report showed a much-improved picture: Foreclosure filings, which include ... » Learn More about Decline in Foreclosures Reaches ‘Important Milestone’
San Fernando Valley Housing Inventory Up, Sales Down
San Fernando Valley active inventory is higher than at any point in the past two years, and the sales volume is below the last two years. Even though property values are still appreciating, it is at a much lower level than we've seen over the past 3 years. The supply and demand ratio conveys that ... » Learn More about San Fernando Valley Housing Inventory Up, Sales Down
San Fernando Valley Housing Inventory Up All Price Ranges
The San Fernando Valley (Los Angeles) active housing inventory is up substantially across all price ranges. What does this mean? Real estate is a very regional element. National housing statistics that makes the news, has very little to do with what's happening in specific regions or neighborhoods. ... » Learn More about San Fernando Valley Housing Inventory Up All Price Ranges
California Housing Market at a Glance
The California Real Estate Market has slowed from its overheated condition in 2013. In a nutshell: * Existing Home Sales - quantity DOWN year over year (Tighter credit due to new loan legislation, higher prices, fewer investors buying into the higher market, and fewer traditional buyers qualifying ... » Learn More about California Housing Market at a Glance