where are home prices going

Thumbnail image for Mortgage rates falling; 30-year drops to 3.78%, Freddie Mac says

Mortgage rates falling; 30-year drops to 3.78%, Freddie Mac says

by Mario Acosta March 19, 2015 Various Topics

Long-term interest rates declined this week, with Freddie Mac saying lenders were offering conventional 30-year mortgages at an average of 3.78%, down from 3.86% a week ago.

The average for 15-year fixed home loans slipped from 3.1% to 3.06%, Freddie Mac said in its weekly report, released Thursday. The initial rate on loans fixed for five years …

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Thumbnail image for Growth of Encino Real Estate Prices Could Be More Believable

Growth of Encino Real Estate Prices Could Be More Believable

by Mario Acosta October 1, 2013 How's The Market

Real Estate Prices Growing at a More Sustainable Pace

The future of real estate prices in Encino is always a matter of keen interest to area homeowners. So it’s important when the latest national numbers in the Case-Shiller Index show that the rate of rise in real estate prices has begun to slow.

Encino homeowners should be …

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Thumbnail image for Home prices drop into double-dip territory – Sherman Oaks Homes

Home prices drop into double-dip territory – Sherman Oaks Homes

by Mario Acosta June 1, 2011 How's The Market

Media is hyping recent Case-Shiller statistics regarding recent price drop and “Double-Dip” fears. One thing to keep in mind, these are national statistics and include dismal real estate markets such as Phoenix, Las Vegas and parts of Florida.

The reality is that the Sherman Oaks and Los Angeles real estate market has …

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