Housing in the Los Angeles metro area continues to appreciate well above the national average. Investors in the L.A. MSA enjoyed a whopping 1.6% month over month appreciation from April to May and 14.7% annual appreciation. Nationwide rental rates also continue to increase with 2.3% year-over-year. Many investors worried that the flood of hedge fund backed rentals entering the market would put downward pressure on rental rates, but I haven't seen a shred of data to suggest that's … (0 comments)
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your best choice for a real estate agent serving ventura county ca: Home Value UP..or..Home Values Down, Both Headlines Are In The News??
- 10/26/15 04:30 AM
Chris B Johnson, REALTOR® Featured Listing Mortgage Pre Approval Time To Buy #ChrisBJohnsonRealtor Homebuilders were exuberant, The Fed was confident, and stock markets have recovered... so why did New Home Sales collapse 11.5% in September (missing a 0.6% drop expectation by a proverbial mile)? This is the largest MoM drop since July 2013. Worst still, the excitement of July and August data has been notably revised lower to press the current New Home Sales SAAR to 468k - its lowest since November 2014. At the same time, median home prices surged to $296,900 - the highest in 2015.Time to hike rates? Biggest MoM drop since … (0 comments)
your best choice for a real estate agent serving ventura county ca: Ventura County Real Estate Market Update #ChrisBJohnsonRealtor
- 10/20/15 08:30 AM
Click The Links Below For HyperLocal Market Updates Chris B Johnson, REALTOR® Featured Listing Mortgage Pre Approval Time To Buy #ChrisBJohnsonRealtor Moorpark Home Market Trends Moorpark Condo-TownHome Market Trends Thousand Oaks Home Market Trends Thousand Oaks Condo-TownHome Market Trends Simi Valley Home Market Trends Simi Valley Condo-TownHome Market Trends WestLake Home Market Trends WestLake Condo-TownHome Market Trends Oak Park Home Market Trends Oak Park Condo-TownHome Market Trends Agoura Home Market Trends Agoura Condo-TownHome Market Trends Calabasas Home Market Trends Calabasas Condo-TownHome Market Trends Newbury Park Home Market Trends Newbury Park Condo-TownHome Market Trends Camarillo Home Market Trends Camarillo Condo-TownHome Market Trends Oxnard Home … (0 comments)
your best choice for a real estate agent serving ventura county ca: Where Are Home Prices Headed Now? #ChrisBJohnsonRealtor
- 10/20/15 01:50 AM
Chris B Johnson, REALTOR® Your Moorpark Neighborhood Specialists Mortgage Pre Approval Time To Buy #ChrisBJohnsonRealtor Chris B Johnson, REALTOR®, SFR® Where Will Home Prices Be Next Year? [INFOGRAPHIC] Friday October 16th, 2015 For Buyers, For Sellers, Infographics, Pricing Some interesting facts: 25 states are forecasted to achieve higher levels of appreciation in the next 12 months than already achieved in the last year. 25 state and the District of Columbia are forecasted to experience a slow in appreciation. All 50 states & D.C. are forecasted to achieve some level of positive price appreciation. Even though each state is appreciating at different … (0 comments)
your best choice for a real estate agent serving ventura county ca: Ventura County Mortgage Rate Update #ChrisBJohnsonRealtor
- 10/16/15 03:34 AM
Chris B Johnson, REALTOR® Mortgage Pre Approval Time To Buy #ChrisBJohnsonRealtor Weekly Mortgage Rate Update Over the past week, the effects of a batch of weaker than expected economic reports more than offset a higher than expected inflation reading. As a result, mortgage rates ended the week a little lower. THIS WEEK'S RATE TREND IS DOWN … (2 comments)
your best choice for a real estate agent serving ventura county ca: Chase and Wells Threaten to Boycott FHA Loans
- 10/12/15 09:17 AM
Chris B Johnson, REALTOR®, SFR® More On Moorpark Real Estate Mortgage Pre Approval More on Ventura County Real Estate There Is No Housing Bubble Real Estate News Moorpark Homes 4 Sale Simi Valley Homes 4 Sale Thousand Oaks Homes 4 Sale If you have open escrows with FHA buyers using any of the large banks or so-called “mortgage bankers/ direct lenders”, get them to close quickly because this is turning into a food fight between banks and HUD!
And it will probably spread to credit unions and smaller banks as they all try and pressure HUD to reduce compliance regulations.
Last month new compliance issues appeared … (4 comments)
your best choice for a real estate agent serving ventura county ca: Steady As She Goes #ChrisBJohnsonRealtor
- 10/11/15 01:45 AM
Chris B Johnson, REALTOR®, SFR® More On Moorpark Real Estate More on Ventura County Real Estate There Is No Housing Bubble Real Estate News Moorpark Homes 4 Sale Simi Valley Homes 4 Sale Thousand Oaks Homes 4 Sale Pending Home Sales Remain Steady Thursday October 8th, 2015 For Buyers, For Sellers, Housing Market Updates The National Association of REALTORS’ just released the results of their latestPending Home Sales Index, which showed a small 1.4% decline in signed contracts in August. Pending sales remain strong year-over-year as they were 6.1% higher than August ’14 and have now risen for 12 consecutive months. What is the Pending Home Sales Index (PHSI)? … (0 comments)
your best choice for a real estate agent serving ventura county ca: Ventura County Mortgage Rate Update #ChrisBJohnsonRealtor
- 10/10/15 02:01 AM
Chris B Johnson, REALTOR® Your Moorpark Neighborhood Specialists Mortgage Pre Approval Time To Buy #ChrisBJohnsonRealtor Chris B Johnson, REALTOR®, SFR® Weekly Mortgage Rate Update Demand shifted from bonds to stocks over the past week. The economic data had little impact. As a result, mortgage rates ended the week a little higher. THIS WEEK'S RATE TREND IS UP … (0 comments)
your best choice for a real estate agent serving ventura county ca: Do You Have More Than You Think ? #ChrisBJohnsonRealtor
- 10/08/15 07:05 AM
Home Equity: You May Have More Than You Think Wednesday October 7th, 2015 For Sellers, Move-Up Buyers CoreLogic recently released their 2015 2nd Quarter Equity Report which revealed that 759,000 properties had regained equity in the last quarter. That means that 91% of all mortgaged properties(approximately 45.9 million) are now in a positive equity position. Anand Nallathambi, president and CEO of CoreLogic, reported:
“For much of the country, the negative equity epidemic is lifting. The biggest reason for this improvement has been the relentless rise in home prices over the past three years which reflects increasing money flows into housing and a lack of housing stock … (0 comments)
your best choice for a real estate agent serving ventura county ca: If it walks like a duck, it's a duck #NoMortgageTax
- 09/21/15 01:46 AM
Chris B Johnson, REALTOR®, SFR® More On Moorpark Real Estate More on Ventura County Real Estate There Is No Housing Bubble Moorpark Homes 4 Sale Simi Valley Homes 4 Sale Thousand Oaks Homes 4 Sale And if Congress calls a tax a “fee,” it’s still a tax. Congress is trying to tax homebuyers to pay for the new transportation bill by creating a new mortgage tax and disguising it as a “fee.” But it’s a tax, pure and simple. The Senate recently passed a long-term transportation funding bill, and included a new tax on mortgages to pay for it, calling it a “fee.” This "fee" for … (2 comments)
your best choice for a real estate agent serving ventura county ca: Over 23% Thinking of Selling. Why the Hesitation?
- 09/14/15 05:09 AM
Chris B Johnson, REALTOR® Mortgage Pre Approval FannieMae Home Ready Loans Buying a Home This Fall Selling Your Home This Fall ChrisHasYourBuyer.Info Over 23% Thinking of Selling. Why the Hesitation? Monday September 14th, 2015 For Sellers Last month, the National Association of Realtors (NAR) reported that housing inventory was down 4.7% from the same time last year and that the month’s inventory of homes for sale stood at 4.8 - far below the six months necessary for a normal housing market. Why is there such a shortage of inventory?
The recently released Homeowner Sentiment Survey suggests that the American homeowner may … (0 comments)
your best choice for a real estate agent serving ventura county ca: Ventura County HyperLocal Real Estate Update #ChrisBJohnsonRealtor
- 09/09/15 07:49 AM
Click The Links Below For HyperLocal Market Updates Chris B Johnson, REALTOR® Your Moorpark Neighborhood Specialists ChrisHasYourBuyer.Info Time To Buy #ChrisBJohnsonRealtor Moorpark Home Market Trends Moorpark Condo-TownHome Market Trends Thousand Oaks Home Market Trends Thousand Oaks Condo-TownHome Market Trends Simi Valley Home Market Trends Simi Valley Condo-TownHome Market Trends WestLake Home Market Trends WestLake Condo-TownHome Market Trends Oak Park Home Market Trends Oak Park Condo-TownHome Market Trends Agoura Home Market Trends Agoura Condo-TownHome Market Trends Calabasas Home Market Trends Calabasas Condo-TownHome Market Trends Newbury Park Home Market Trends Newbury Park Condo-TownHome … (2 comments)
your best choice for a real estate agent serving ventura county ca: Ventura County Interest Rate Update #ChrisBJohnsonRealtor
- 09/04/15 03:27 AM
Chris B Johnson, REALTOR® Featured Listing-1190 Whitecliff Rd Thousand Oaks ChrisHasYourBuyer.Info Time To Buy #ChrisBJohnsonRealtor Weekly Mortgage Rate Update In the face of continued stock market volatility and major economic data, mortgage rates showed surprisingly little movement. For the second straight week, mortgage rates ended with little change. THIS WEEK'S RATE TREND IS FLAT … (4 comments)
Simi Valley Short Sale, Ventura County Short Sale, Ventura County Real Estate Market Updates Drought has brought California’s envied water distribution system to its knees, but not for lack of ingenuity in grandeur and effectiveness. It is the crisis of the drought that has made conservation and rigidly controlled water distribution the new normal for the next fifty years or so. For a more prudent use of water, a new restriction for new homes built after December 1, 2015 cannot have more than 25% of the homes’ lot … (2 comments)
Chris B Johnson, REALTOR®, SFR® More On Moorpark Real Estate More on Ventura County Real Estate By Chris B Johnson Realtor, Short Sale Options, Moorpark Short Sale , Thousand Oaks Short Sale, Simi Valley Short Sale, Ventura County Short Sale, Ventura County Real Estate Market Updates … (0 comments)
Understand the difference between "listing prices" (what sellers are asking for) and "sold prices"
(what buyers are willing to pay).
By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.
Some sales are not immediately available from public records. As they become available, the data are updated.
Recent Stock Market Losses Cause Many to Doubt that the Fed Will Raise Rates For many, the Dow Jones' steep decline on Monday removed any doubt as to whether the … (0 comments)
your best choice for a real estate agent serving ventura county ca: Interest Rate Update #ChrisBJohnsonRealtor
- 08/21/15 08:31 AM
Chris B Johnson, REALTOR® Time To Buy #ChrisBJohnsonRealtor More on Ventura County Real Estate Weekly Mortgage Rate Update The Fed Minutes released on Wednesday had a positive impact on mortgage rates. In addition, concerns about the pace of global economic growth reduced inflation expectations, which also was favorable for mortgage rates. As a result, mortgage rates ended lower. THIS WEEK'S RATE TREND IS DOWN … (2 comments)
Chris B Johnson, REALTOR®, SFR® Featured Listing Chris B Johnson, REALTOR®
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