If you are in the Los Angeles area, have any questions or real estate sales or financing needs, feel free in contacting me. Ron Henderson GRI, RECS, CIAS President/Broker Multi Real Estate Services, Inc. Gov’t Affairs Chair – California Association of Mortgage Professionals (2017-2018) BRE ... » Learn More about California Real Estate Market At A Glance July 2018
San Fernando Valley Real Estate Market
Homebuyers Who Wait to Buy, Pay a Steep Cost
Below is a release from the Southland Regional Association of Realtors in the San Fernando Valley properly illustrating the cost of delaying purchasing a residential property. The most recent iteration of a local guide illustrates perfectly why waiting to buy a home can be a bad idea: a ... » Learn More about Homebuyers Who Wait to Buy, Pay a Steep Cost
Los Angeles Housing Affordability for Renters
As reflected in the HARI, Housing Affordability Renters Index, the Los Angeles region is the least affordable in the nation at 18%. The home ownership rate is also the lowest at 47.7%, which translates to Los Angeles having a higher percentage of renters than owners. Compare that to the Phoenix area ... » Learn More about Los Angeles Housing Affordability for Renters
Case Shiller Shows Los Angeles Housing Up 7.1% YOY, Where Will It Be Next Year!
The Case Shiller index shows the housing values in Los Angeles had a monthly increase of .6%, and a year over year increase of 7.1%. Historically, over the past 42 years property values in the Los Angeles region appreciated 4.99% annually, including the massive drop during the 2008 housing/economic ... » Learn More about Case Shiller Shows Los Angeles Housing Up 7.1% YOY, Where Will It Be Next Year!
7 Factors to Watch For That Will Affect the San Fernando Valley (Los Angeles) Housing Market in 2018
How are elements in 2018 going to treat the San Fernando Valley (Los Angeles) housing market? Real estate housing markets are local. Many factors affect housing prices more in one area/neighborhood than another. One constant is the economic reality of supply and demand, regardless of the product. ... » Learn More about 7 Factors to Watch For That Will Affect the San Fernando Valley (Los Angeles) Housing Market in 2018