A new study reveals that younger generations of wealthy Americans are increasingly favoring real estate investments, while a generational wealth transfer further boosts property demand.

Rental application fraud has become a significant issue for property owners, with 93% identifying it as their top concern. From falsified income to fake references and identity theft, fraudulent applications create headaches for landlords and property managers alike.

Rents in the Conejo Valley continue to rise, with over 50% of available rentals listed for more than $5,000/month, and only 139 homes and condos available for lease—a 10% drop from last month. The solution to high rents lies in increased construction, not rent control, but with California’s high building costs, relief may be slow to come.

Mortgage rates have dropped significantly, with 30-year fixed rates now in the 5.50% to 6.50% range, ahead of the Fed’s expected rate cuts in September. If you’re considering a move, now could be the perfect time to secure a lower rate.

In July 2024, the Conejo Valley real estate market continues to thrive, with the median sales price in Thousand Oaks holding steady at $1.40M. Active listings have increased slightly to 303, but inventory remains low in this competitive Sellers’ market.

The recent National Association of REALTORS® settlement has introduced new real estate rules that are changing the home buying and selling experience.

Proposition 33, appearing on the ballot again, aims to grant local governments in California the power to impose rent caps and other tenant protections, potentially ending the state's "limits on limits."

California renters are spending over 35% of their income on rent, similar to homeowners’ mortgage payments. With rental supply at historic lows and high demand, prices continue to rise, challenging the concept of ‘affordable’ housing.

Mortgage rates have recently dropped in anticipation of the Federal Reserve’s expected rate cuts, with current 30-year fixed rates ranging between 5.75% and 6.75%. As September approaches, further reductions are likely...

The Conejo Valley real estate market remains strong despite high mortgage rates, with a 22% year-over-year increase in median home prices and continued low inventory.