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real estate

    Real Estate & Market Report: March 21, 2014

    Despite the week being filled with a number of potential market moving reports, for the most part the investor reaction remained fairly subdued.  The concern and market trepidation over what is happening in Russia has been on investor's mindsThe market is up more than 150 points through the Thursday. 

    Real Estate & Market Report: March 07, 2014

    The weather...the weather...the weather!  It is the weather that seems to being blamed from everything from low consumer confidence, to a decline in manufacturing, to poor retail sales. The relentless cold and snow in the Mid-Atlantic States all the way up to the Northeast through the month of February has many residents in those areas feeling the blues. If you watch any newscasts where they interview people from those areas, you hear words like "depressed", "sad" and "tired".

    Real Estate & Market Report: February 28, 2014

    This week I am excited to report that there has been a lot of positive economic data and much of it is related to the housing market. On Tuesday the Federal Housing Finance Agency reported that home prices rebounded 0.8 percent in December after declining 0.1 percent in November. 

    The trend for home prices has been upward in recent months and the quarterly reports on prices have risen for 10 straight quarters.  Additionally, the FHFA reported that home prices are 7.7 percent higher than a year ago.

    Real Estate & Market Report: February 14, 2014

    Let me start with a special Valentine's Day wish to you.  Today is a day that I hope you are able to spend with that special someone in your life.  Whether it is your one true love, your best friend, a parent, your children or that person that you have a very special relationship with, I wish you a day of enjoyment and love.

    Real Estate & Market Report: February 07, 2014

    The highly anticipated employment report is in, not to my surprise, pretty much every analyst, expert, including ADP Payroll Services, were not even close in their predictions.  Expectations were that in the month of December the employment rolls would see an addition of 180,000 jobs to the labor force. 

    Real Estate & Market Report: January 31, 2014

    By: Fred Arnold

    Traders had no shortage of economic data and relevant economic news to trade on this week.  The stock market was more volatile this week than we have seen in quite a while. The little bit of irony that comes with it is that despite some of the daily wild swings in the DOW, the index is sitting fairly close to where it started the week.

    Real Estate & Market Report: December 20, 2013

    It was bound to happen...It was inevitable.  For well over a year the talk in the markets has been when is the Fed going to begin tapering the stimulus program?

    As I am sure you have heard by now, the announcement finally came on Wednesday afternoon with the FOMC's policy announcement and FOMC market forecast. It is official...the tapering will begin in January with a reduction of 10 billion dollars a month in bond purchases.

    November Sees Second Highest SCV Home Prices Since Recession

    November's home prices in the Santa Clarita Valley are up from this time last year--at their second highest since pre-recession levels. Condo prices are also up and new construction has helped boost sales.

    City Council Candidate Forum To Be Held By Southland Regional Association

    Nine candidates for the 2014 City Council elections will be participating in a forum organized by the Southland Regional Association of Realtors and open to the public, from 8:30 to 10 a.m. on Wednesday.

    Real Estate & Market Report: November 15, 2013

    By Fred Arnold

    In the absence of any major economic data this week the stock market has been hitting new record highs and the DOW has 16,000 in its sight. The market got a big boost on Thursday with the announcement from Janet Yellen that the Fed needs to be cautious in pulling back stimulus.