Talk about a winning record! Buying a home and holding it for 10 years has earned a profit every year except one since 1942. Just look at those returns, too! Housing builds significant, long-term wealth. Ron Henderson GRI, SRES, SFR, RECS, CIAS, GREENPresident/BrokerMulti Real Estate Services, ... » Learn More about Change in Home Value After 10 Years
San Fernando Valley Real Estate Market
Are You Missing Out On Your Property Tax Exemption?
Since 1974, the state of California has offered to reduce the assessed value of any "owner-occupied home" by $7,000. That, in turn, reduces the home’s annual tax bill. You just have to apply once, and the ‘homeowners exemption’ will be applied automatically to your assessment until you move out or ... » Learn More about Are You Missing Out On Your Property Tax Exemption?
Update San Fernando Valley Home Prices 1959-2023
The end of 2023 saw the real estate residential home values in the San Fernando Valley (Los Angeles) reflect an aggregate average sales price of $875,000, 4% higher than the end of 2022. That doesn’t give the full story of the year though. Most of 2023 was in the throws of interest rate increases ... » Learn More about Update San Fernando Valley Home Prices 1959-2023
San Fernando Valley Real Estate Market Update Mid-December 2023
The San Fernando Valley Los Angeles region’s housing market has remained solid. Presently we have the seasonal slowdown in play, but the recent drop in mortgage rates will no doubt stimulate activity. Affordability levels are low because of the higher rates and values. The lower rates will help ... » Learn More about San Fernando Valley Real Estate Market Update Mid-December 2023
San Fernando Valley Real Estate Market Update November 2023
San Fernando Valley Single Family Housing median price is up 13% year over year. A far cry from the calls that we would have a housing price crash. As I've conveyed numerous times, it's just a matter of supply and demand. Active listings should seasonally go up soon, but statistically is over 30% ... » Learn More about San Fernando Valley Real Estate Market Update November 2023