The San Fernando Valley housing market is still hot, but there will be changes coming. The number of new sales are still high, dealing with a slight seasonal easing, but also limited by low inventory. The available inventory is edging up but still substantially lower than historical ... » Learn More about San Fernando Valley Housing Statistics October 2020
San Fernando Valley Real Estate Market
Income to Purchase Loan Guide San Fernando Valley Single Family Homes September 2020
This is a ballpark guide on what it would take financially to purchase a median-priced home in the San Fernando Valley. Interest rates are still at historic lows, pricing has been appreciating at a substantial pace over the past 5 months. The 80% Loan to Value (LTV) is only a guide. There are ... » Learn More about Income to Purchase Loan Guide San Fernando Valley Single Family Homes September 2020
San Fernando Valley Housing Statistics August 2020
The heated San Fernando Valley housing market continues on with multiple offers for most well-priced listings. The historically low-interest rates are pushing buyers into the market. The low inventory is acting as a limit to the number of sales and propping up values. It's a very frustrating ... » Learn More about San Fernando Valley Housing Statistics August 2020
San Fernando Valley Housing Statistics July 2020
The San Fernando Valley housing market is feeling the effects of supply and demand. Inventory is low, while the purchase market is being fed by historically low-interest rates and a pent up demand. As was conveyed in my blog in the middle of July, the sales started leveling off in June after ... » Learn More about San Fernando Valley Housing Statistics July 2020
California Real Estate Market at a Glance
We knew the real estate market statistics were going to be rough in April, and they were. I blogged last week on the San Fernando Valley numbers, but it was a difficult month throughout the state. Generally real estate is local. In this case, the COVID-19 malfunction is having its way with the ... » Learn More about California Real Estate Market at a Glance