The other day I had an in-district meeting with San Fernando Valley Congressman Tony Cardenas (D-CA 29th District) with some of my associates from the Southland Regional Association of Realtors Government Affairs Committee. Even though the congressman works on the federal elements of the ... » Learn More about Meeting with Congressman Cardenas Recap
San Fernando Valley Real Estate Market
Case-Shiller Shows Los Angeles Real Estate Appreciating
The Case-Shiller Home Price Indices were released today. Even though it's a lagging index (by two months), it's one of the more accurate gauges of the health of the housing market. Los Angeles reflects at .5% increase from August to September, and year over year 1.7% increase. Properties are ... » Learn More about Case-Shiller Shows Los Angeles Real Estate Appreciating
FHA Makes it Easier to Get Loans on Condos – Including Reverse Mortgages
It’s been bantered around for years, finally the Federal Housing Administration announced long awaited changes to the guidelines to approving condominiums for FHA loans. This will help in several areas. FHA loans allow for low down payments, and easier borrower qualifying guidelines than ... » Learn More about FHA Makes it Easier to Get Loans on Condos – Including Reverse Mortgages
San Fernando Valley Real Estate Market Continues It’s Shift
Over the past 6 months, the evidence for a shift in the market has mounted. Sales have been on the decline. Homes are staying on the market longer as the median number of days on market continue to increase. Sellers are beginning to have to discount their properties again, with 42% of active ... » Learn More about San Fernando Valley Real Estate Market Continues It’s Shift
Is This a San Fernando Valley Real Estate Market Change, Or a Seasonal Adjustment?
The real estate market is regional. The San Fernando Valley Los Angeles residential real estate market has been slowing for the last few months, but it’s just now showing up in the statistics. Visually you can see in the charts a spike in the inventory, and the quantity of sales dropping off ... » Learn More about Is This a San Fernando Valley Real Estate Market Change, Or a Seasonal Adjustment?