It seems that every week I receive a question on if we're going to have a crash in real estate values. My answer is always "it's about the basic economic reality of Supply and Demand". Interest rates can go up putting pressure on marginal buyers, but higher rates, higher values, isn't what you want ... » Learn More about San Fernando Valley Real Estate – It’s All About The Inventory
San Fernando Valley Real Estate Market
Year End Update San Fernando Valley Real Estate Prices 1959 to 2021
The year-end 2021 real estate residential property values reflect an aggregate average sales price of $876,216, 15% higher than 2020. The four attached charts reflect different stories. The first chart reflects the active inventory being historically low (it’s all about supply and ... » Learn More about Year End Update San Fernando Valley Real Estate Prices 1959 to 2021
San Fernando Valley Los Angeles Real Estate Market Update November 2021
The San Fernando Valley and Los Angeles real estate markets are staying solid. Appreciation may back off from their white hot levels of 18% or so but should maintain at least high single digits for the moderate term. Inventory levels started to elevate, but have stabilized. Sales are holding solid. ... » Learn More about San Fernando Valley Los Angeles Real Estate Market Update November 2021
San Fernando Valley Single Family Dwelling Income to Loan Guide October 2021
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, SRES, SFR, RECS, CIASPresident/BrokerMulti Real Estate Services, Inc.Gov’t Affairs Chair – California Association of Mortgage Professionals ... » Learn More about San Fernando Valley Single Family Dwelling Income to Loan Guide October 2021
Real Estate – It’s All About the Inventory
Housing valuations and rental costs are manipulated by the old economic fact, supply and demand. Housing construction has lagged the needs of the population growth, and the Millennials are hitting peak buying age. While still at historic lows, the inventory is slowly building. For those thinking ... » Learn More about Real Estate – It’s All About the Inventory