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What Buyer Activity Tells Us About the Housing Market

What Buyer Activity Tells Us About the Housing Market   Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home. According to U.S. News: “Housing markets have cooled slightly, but demand hasn’t disappeared, and in many places remains strong largely due to the shortage of homes on the marke...

3 Bank Failures

  How 3 Recent Bank Failures Could Impact the Housing Market Silvergate Bank. Silicon Valley Bank. Signature Bank. The demise of three banks last week has sent shockwaves through an already fragile economy. Could it have an impact on real estate, too? “The Silicon Valley Bank failure, along with a few other banks, means that the Federal Reserve cannot be so a...

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How the Banking Turmoil May Impact the Feds Decision

The Federal Reserve is meeting this week to decide its next step on interest rates just as its yearlong fight against inflation is colliding with a crunch in the financial sector. The Fed’s next move will be closely watched as recent bank failures are stirring memories of the 2008 financial crisis. Even before the central bank policy decision on Wednesday, investo...

The Fed's Decision and the Impact on Your Money

Here’s what the highest Fed rates in more than a decade mean for your money Did you buy a home in 2020? Did you job-hop in 2021? Did you hold off on buying a new car or home in 2022 until you can find a cheaper deal and lower interest rate? Believe it or not, one institution impacts even the tiniest of your financial decisions: The Federal Reserve. What is the Federal Reserve? ...

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Robbyn Battles March Monthly Letter

Dear Reader, As a lifelong member of the community and a 30+ year veteran in the real estate business, I've had the opportunity to work with many types of professions. Over the years, I've built a long referral list of these resources for you and my clients. Recently I started highlighting the professionals on my list. This month's businesses include the co-owner of Gus & And...

Live Event March 30 & 31

California Dream For All Shared Appreciation Loan This just in: Exclusive Invitation: Dream for All Shared Appreciation Loan Program Unveiling (March 30th-31st) Thursday at 6:00 pm and Friday at 9:00 am. The Dream For All Shared Appreciation Loan is a down payment assistance program for first-time homebuyers. Dream For All provides a loan for 20% of the home purchase price. 📆 Event...

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March Home Sale Statistics

Below are March single-family home sale statistics. The areas covered include La Canada, La Crescenta, Sunland-Tujunga, Altadena, Pasadena, Glendale and Shadow Hills. The month of March has brought some interesting changes in the housing sales activity across 9 different areas in the Foothills region. Despite the spring season typically is a time of increased home-buying activity, inventor...

The Mansion Tax

The City of Santa Monica’s Measure GS and L.A. City’s Measure ULA go into effect on March 1, 2023, and April 1, 2023. With the increase in the City Transfer Tax for these areas, reduce the number of properties listed for sale. Time will tell; however, my guess is the surrounding communities not within the City of Los Angeles, and Santa Monica will now have more opportunity with the...

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You will pay more if you have good credit

As if most home buyers these days didn’t have enough to grumble about regarding mortgage costs this year compared to last, they will soon have another financial thorn in their sides. Beginning May 1, 2023, under the Biden Administration’s continuing policy to rework the income redistribution in America, a new rule will raise mortgage fees for borrowers with good credit and a soli...

April 2023 Monthly Home Stats

Spring has sprung, and the real estate market is in full swing! Here's an overview of the April Market at a Glance for Altadena, Shadow Hills, Pasadena, La Canada, La Crescenta, Sunland, Tujunga, and Glendale. Even if you're not currently in the market to sell your home, this information is still important to know. You can make informed decisions about your home's value and poten...