Governor Brown recently signed off on numerous bills that will theoretically do four things to help the California housing affordability crisis. Cut some developers red tape, put teeth in the California "Housing Element Law" requiring local municipalities to get out of the way of housing development ... » Learn More about History Shows California Taxes for Affordable Housing Won’t Be Spent Properly
San Fernando Valley Real Estate Market
California Housing Update / The Housing Crisis – California Economic Forecast
Last week I attended the 2017 Entrepreneur Economic Forecast Conference covering the 2018 Los Angeles / Ventura County's Economic Outlook. The following analysis from the consulting firm emphases the housing supply and demand malfunction, and the local governments obstructions in fulfilling the ... » Learn More about California Housing Update / The Housing Crisis – California Economic Forecast
Los Angeles Real Estate Appreciation, Inventory and Affordability Index
It's all about supply and demand. The quantity of available inventory is still at historic lows. Expect good appreciation throughout 2017. The main takeaway from these statistics is the long term Los Angeles regional appreciation of over 5 1/2% on average for the past 42 years. Rents have recently ... » Learn More about Los Angeles Real Estate Appreciation, Inventory and Affordability Index
Top 10 Markets for Housing in 2017 (Infographic)
Being #2 we try harder :-) 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 ... » Learn More about Top 10 Markets for Housing in 2017 (Infographic)
California Housing Affordability by County
The second quarter of 2016 shows the historical norm of the coastal areas being traditionally less affordable than the inland areas. Contributing factors tight inventory, low interest rates, more available buildable land inland, income not keeping up with appreciation. If you are in the Los ... » Learn More about California Housing Affordability by County