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
San Fernando Valley Real Estate Market
How Much Income Does It Take To Buy A Median Priced Home In The San Fernando Valley?
Even though the interest rates are attractive, the appreciating property values continue pushing higher the income needed to qualify for the purchase using a standard 80% loan to value 30 year fixed loan. Make note, the median priced home in the San Fernando Valley is now over $900,000 ! If ... » Learn More about How Much Income Does It Take To Buy A Median Priced Home In The San Fernando Valley?
San Fernando Valley (Los Angeles) Real Estate Prices 2021 Boom or Bust?
Ron Henderson President/Broker of Multi Real Estate Services gives a history lesson on San Fernando Valley (Los Angeles) real estate prices, and the elements that can create a Boom or Bust in 2021, and into the future. Covers a span from 1959-2020, and how the past can affect the future, and how the ... » Learn More about San Fernando Valley (Los Angeles) Real Estate Prices 2021 Boom or Bust?
San Fernando Valley Housing Statistics December 2020
The San Fernando Valley hot housing market continues through the end of 2020 on a high note. Sales are still driven by historically low interest rates, and prices pushed higher from low inventory. Basic supply and demand out of balance. The attached charts reflect the levels of newly opened ... » Learn More about San Fernando Valley Housing Statistics December 2020
San Fernando Valley Housing Statistics October 2020
The San Fernando Valley housing market is still hot, but there will be changes coming. The number of new sales are still high, dealing with a slight seasonal easing, but also limited by low inventory. The available inventory is edging up but still substantially lower than historical ... » Learn More about San Fernando Valley Housing Statistics October 2020