Ioanna Kamar - Rodeo Realty

Ioanna Kamar - Rodeo Realty Buying or selling your home is one of the most personal and important decisions you can make. You can trust me to be with you every step of the way.
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11/10/2019

Economic update for the week ending November 9, 2019

Stocks up for the fifth straight week - Stock markets extended their gains and finished the week at all time record highs. Recession fears have been pretty much eliminated, as continued trade progress and a relaxing of tariffs has occurred. Third quarter corporate earnings were higher than expected. New jobs have been strong. Unemployment is near 50 year lows. Inflation has been tame, and the Fed has lowered rates. All these factors have investors more bullish and have drives stocks to record highs. The Dow Jones Industrial Average closed the week at 27,681.24, up 1.2% from 27,347.31 last week. It is up 18.7% year to date. The S&P 500 closed the week at 3,093.08, up 0.9% from 3,066.91 last week. It is up 23.4% year to date. The NASDAQ closed the week at 8,479.31, up 1.1% from 8,386.40 last week. The NASDAQ is up 27.7% year to date.

U.S. treasury bond yields up sharply this week - The 10-year treasury bond closed the week yielding 1.94%, up from 1.73% last week. The 30-year treasury bond yield ended the week at 2.43%, up from 2.21% last week. We watch treasury bond yields because mortgage rates often follow bond yields.

Mortgage rates slightly lower this week - The November 7, 2019 Freddie Mac Primary Mortgage Survey reported mortgage rates for the most popular loan products as follows: The 30-year fixed mortgage rate average was 3.69%, down from 3.78% last week. The 15-year fixed was 3.13%, down from 3.19% last week. The 5-year ARM was 3.39%, down from 3.43% last week. Unfortunately, rates rose late in the week. Next week’s rates will be 1/8% - 1/4% higher next week.

Lower rates and higher incomes make homes more affordable in the third quarter of 2019 - The California Association of Realtors reported that 31% of California households could afford to purchase a $613,470 median priced home in the third quarter. That was up from 30% in the second quarter of 2019 and up from 27% in the third quarter of 2018. The income needed to qualify to purchase a median priced home with a monthly payment of $3,010 was $120,400. 43% of California households could afford to purchase a $465,000 median price condominium or townhouse with a yearly income of $91,200 needed to qualify.

Have a great weekend!

11/03/2019

Economic update for the week ending November 2, 2019

October jobs report - The Department of Labor Statistics reported that 128,000 new jobs were added in October. The unemployment rate ticked up to 3.6%, from September’s 50 year low of 3.5%. Average hourly wages rose 3% year over year from last October.

Stocks ended the week at record highs - A third rate cut from the Federal Reserve, encouraging third quarter corporate earnings, a stronger than expected October new jobs report, and a softening of trade and tariff tensions overcame a weak 1.9% annualized third quarter GDP increase and lifted stocks to all time highs. The Dow Jones Industrial Average closed the week at 27,347.31, up 1.4% from 26,958.06 last week. It is up 17.2% year to date. The S&P 500 closed the week at 3,066.91, up 1.5% from 3,022.55 last week. It is up 22.3% year to date. The NASDAQ closed the week at 8,386.40, up 1.7% from 8,243.12 last week. The NASDAQ is up 26.4% year to date.

U.S. treasury bond yields - The 10-year treasury bond closed the week yielding 1.73%, down from 1.80% last week. The 30-year treasury bond yield ended the week at 2.21%, down from 2.29% last week. We watch treasury bond yields because mortgage rates often follow bond yields.

Mortgage rates higher this week - The October 31, 2019 Freddie Mac Primary Mortgage Survey reported mortgage rates for the most popular loan products as follows: The 30-year fixed mortgage rate average was 3.78% almost unchanged from 3.75% last week. The 15-year fixed was 3.19%, unchanged from 3.18% last week. The 5-year ARM was 3.43%, almost unchanged from 3.40% last week.

Have a great weekend!

11/02/2019
Brenda Sprankel, Realtor
10/31/2019

Brenda Sprankel, Realtor

Top 10 Halloween Movies - Rodeo Realty
10/18/2019
Top 10 Halloween Movies - Rodeo Realty

Top 10 Halloween Movies - Rodeo Realty

Grab a bowl of buttery popcorn, light the fireplace and cozy up in a blanket because it is Halloween movie night! We put together a medley of the best Halloween movies to date! Whether it’s a family movie night or if you’re looking to get seriously spooked, we have all the right choices for you!...

10/14/2019

Economic update for the week ending October 12, 2019

Stocks end three week slide after potential China trade deal - President Trump announced that The U.S. and China have agreed on a trade deal. He called it a “phase one deal which now needs to be put in writing.” Stocks rose sharply in reaction. Unfortunately, bond yields also rose and mortgage interest rates were higher on Friday. The Dow Jones Industrial Average closed the week at 26,816.59, up 0.9% from 26,573.73 last week. It is up 15% year to date. The S&P 500 closed the week at 2,970.27, up 0.6% from 2,952.79 last week. It is up 18.5% year to date. The NASDAQ closed the week at 8,057.04, up 0.9% from 7,982.47 last week. The NASDAQ is up 21.4% year to date.

U.S. treasury bond yields higher for the week - The 10-year treasury bond closed the week yielding 1.76%, up from 1.52% last week. The 30-year treasury bond yield ended the week at 2.22%, up from 2.01% last week. We watch treasury bond yields because mortgage rates often follow bond yields.

Mortgage rates lower this week - The October 10, 2019 Freddie Mac Primary Mortgage Survey reported mortgage rates for the most popular loan products as follows: The 30-year fixed mortgage rate average was 3.57%, down from 3.65% last week. The 15-year fixed was 3.05%, down from 3.14% last week. The 5-year ARM was 3.35%, almost unchanged from 3.38% last week. Unfortunately, rates rose Friday and will be about 1/8% - 1/4% higher next week.

10/07/2019

Economic update for the week ending October 5, 2019

September jobs report - Unemployment rate drops to a 50-year low - The Labor Department reported that 136,000 new jobs were added in September. While that was slightly lower than the 147,000 new jobs that analysts expected, the unemployment rate dropped to 3.5%, a 50 year low. Year to date U.S. employers have added an average of 161,000 new jobs a month over the first 9 months, down from a monthly average of 223,000 new jobs added in 2018. Wage growth moderated. Average hourly wages grew 2.9% year over year from last September, down from a 3.2% year over year increase in August.

Stocks dropped for a third consecutive week - Stocks declined after a disappointing manufacturing report revealed that manufacturing activity dropped more than expected in September. That marked the second month in a row that manufacturing constricted as manufacturers have cut output on fears that tariffs will lower sales. A positive jobs report was released on Friday. News that the unemployment rate was at a 50-year low rallied the markets to make up much of the losses earlier in the week. Dow Jones Industrial Average closed the week at 26,573.73, down 0.9% from 26,820.25 last week. It is up 13.9% year to date. The S&P 500 closed the week at 2,952.79 down 0.3% from 2,961.79 last week. It is up 17.8% year to date. The NASDAQ closed the week at 7,982.47, up 0.5% from 7,936.63 last week. The NASDAQ is up 20.3% year to date.

U.S. treasury bond yields lower for the week - The 10-year treasury bond closed the week yielding 1.52%, down from 1.69% last week. The 30-year treasury bond yield ended the week at 2.01%, down from 2.13% last week. We watch treasury bond yields because mortgage rates often follow bond yields.

Mortgage rates unchanged this week - The October 3, 2019 Freddie Mac Primary Mortgage Survey reported mortgage rates for the most popular loan products as follows: The 30-year fixed mortgage rate average was 3.65%, unchanged from 3.64% last week. The 15-year fixed was 3.14%, almost unchanged from 3.16% last week. The 5-year ARM was 3.38%, unchanged from 3.38% last week.

Brenda Sprankel, Realtor
10/01/2019

Brenda Sprankel, Realtor

Weekend Events: September 27-29 - Rodeo Realty
09/27/2019
Weekend Events: September 27-29 - Rodeo Realty

Weekend Events: September 27-29 - Rodeo Realty

From scary pop-ups to retro-arcades, the city of stars in showing out this weekend. Spend some time out on the town and discover your inner Angeleno!

Early Haunts for Fall - Rodeo Realty
09/20/2019
Early Haunts for Fall - Rodeo Realty

Early Haunts for Fall - Rodeo Realty

Check out our round-up of ghoulish attractions taking place now through October. Don't wait too long, Halloween will creep up on you before you know it!

13 Essential Silver Lake Restaurants - Rodeo Realty
09/13/2019
13 Essential Silver Lake Restaurants - Rodeo Realty

13 Essential Silver Lake Restaurants - Rodeo Realty

From hotspots like Mh Zh to wonderfully charming staples like Pine & Crane, Silver Lake is in the throes of a dining bonanza! Read our picks here!!

800 E Barrel Springs Road, Palmdale, CA | MLS# SR19212365
09/06/2019
800 E Barrel Springs Road, Palmdale, CA | MLS# SR19212365

800 E Barrel Springs Road, Palmdale, CA | MLS# SR19212365

Property for sale for $168,000. Beautiful lot just East of Palmdale lake. This property is surrounded by gorgeous custom homes. Zoned A1 for horses and light agriculture.

10625 Independence Avenue, Chatsworth, CA 91311 | MLS# SR19131775
09/06/2019
10625 Independence Avenue, Chatsworth, CA 91311 | MLS# SR19131775

10625 Independence Avenue, Chatsworth, CA 91311 | MLS# SR19131775

Property for sale for $1,349,000. Beautiful Estate property. A hidden gem in Chatsworth behind its own private gate. This home features 6 bedrooms plus office, 6 baths, 5239 sq ft of living space, center island, kitchen with granite counter top, stainless steel appliances, breakfast area, family roo...

Don't Miss this timeless L.A. event that is fun for the entire family. Read our guide to make the most out of your visit...
09/03/2019
Out and About: The L.A. County Fair - Rodeo Realty

Don't Miss this timeless L.A. event that is fun for the entire family. Read our guide to make the most out of your visit to the L.A. County Fair!

Before you start making your plans for fall, enjoy one last summer hurrah at the LA County Fair and make the most of it with this guide!

Price Improvement!! Call me to schedule an appointment (818)266-4107
08/31/2019
10625 Independence Avenue, Chatsworth, CA 91311 | MLS# SR19131775

Price Improvement!! Call me to schedule an appointment (818)266-4107

Property for sale for $1,349,000. Beautiful Estate property. A hidden gem in Chatsworth behind its own private gate. This home features 6 bedrooms plus office, 6 baths, 5239 sq ft of living space, center island, kitchen with granite counter top, stainless steel appliances, breakfast area, family roo...

08/31/2019

Economic update for the week ending August 31, 2019

Stocks finished the week sharply higher after four straight weeks of loses - Stocks markets climbed this week as both the US and China seemed to be backing down on further trade tariffs which have escalated into a trade war. Investors hope that both sides will back down and claim victory ending tensions which have harmed the economies in both countries. The Commerce Department announced this week that consumer spending was up 4.7% in the second quarter, its largest gain in four years. Consumer spending accounts for two thirds of the US economy, so this report helps to ease investors’ recession fears. The Dow Jones Industrial Average closed the week at 26,403.28, up 3% from 25,628.90 last week. It’s up 13.2% year to date. The S&P 500 closed the week at 2,926.46, up 2.8% from 2,847.11 last week. It is up 16.7% year to date. The NASDAQ closed the week at 7,962.88, up 2.7% from 7,751.27 last week. The NASDAQ is up 20% year to date.

10-year treasury bond yield dropped below 2% this week - The 10-year treasury bond closed the week yielding 1.50% down slightly from 1.52% last week. The 30-year treasury bond yield ended the week at 1.96%, down from 2.02% last week. We watch treasury bond yields because mortgage rates often follow bond yields.

Mortgage rates near record lows - The August 29, 2019 Freddie Mac Primary Mortgage Survey reported mortgage rates for the most popular loan products as follows: The 30-year fixed mortgage rate average was 3.58%, almost unchanged from 3.55% last week. The 15-year fixed was 3.06% almost unchanged from 3.03% last week. The 5-year ARM was 3.31% unchanged from 3.32% last week.

Have a great holiday weekend!

Weekend Events: August 23-25 - Rodeo Realty
08/24/2019
Weekend Events: August 23-25 - Rodeo Realty

Weekend Events: August 23-25 - Rodeo Realty

Whether you are on the westside, in the valley or Downtown, we have just the thing to do for you! Read our weekend events and discover your inner Angeleno!

Out & About: Hollywood Bowl - Rodeo Realty
08/13/2019
Out & About: Hollywood Bowl - Rodeo Realty

Out & About: Hollywood Bowl - Rodeo Realty

One of the most enjoyable of summer rituals is relaxing under the stars at the Hollywood Bowl! Read our Hollywood Bowl guide for Summer the Angeleno way!

Weekend Events: August 9th-11th - Rodeo Realty
08/09/2019
Weekend Events: August 9th-11th - Rodeo Realty

Weekend Events: August 9th-11th - Rodeo Realty

There's plenty of things to do in and around Los Angeles this Friday through Saturday. Read our list of the best activities happening throughout town!

Home Tips: Up Your Home's Curb Appeal - Rodeo Realty
08/09/2019
Home Tips: Up Your Home's Curb Appeal - Rodeo Realty

Home Tips: Up Your Home's Curb Appeal - Rodeo Realty

Check out ways you can give your home new appeal! Read these tips for your abode whether your planning to list your home or wish to give it a light spruce!

08/07/2019
Weekend Events: August 2-4 - Rodeo Realty
08/02/2019
Weekend Events: August 2-4 - Rodeo Realty

Weekend Events: August 2-4 - Rodeo Realty

Don't let the best activities to do this summer around town pass you by. Check out our round-up of fun things to do and make the most out of your weekend!

07/31/2019
Weekend Events: July 26-28 - Rodeo Realty
07/27/2019
Weekend Events: July 26-28 - Rodeo Realty

Weekend Events: July 26-28 - Rodeo Realty

Don't miss the best that this city has to offer this season. Read our weekend round-up of fun events throughout town and make the most of your summer daze!!

LA Eats: Seaside Restaurants - Rodeo Realty
07/25/2019
LA Eats: Seaside Restaurants - Rodeo Realty

LA Eats: Seaside Restaurants - Rodeo Realty

Treat yourself to oceanside dining this week with our round-up of bites by the sea. Read our LA Eats Seaside restaurants and have a whale of a good time!

Homeowners Insurance: Tips to Know - Rodeo Realty
07/11/2019
Homeowners Insurance: Tips to Know - Rodeo Realty

Homeowners Insurance: Tips to Know - Rodeo Realty

When it comes to your house, protecting your abode from theft or natural disasters is crucial. Read these tips before choosing your Homeowners Insurance!

Weekend Events: June 28-June 30 - Rodeo Realty
06/28/2019
Weekend Events: June 28-June 30 - Rodeo Realty

Weekend Events: June 28-June 30 - Rodeo Realty

There's no excuse to not venture out. Ditch your mundane routine and check out all that the city of stars has to offer this weekend!

Open Sat & Sun 1-4pm
06/22/2019
10625 Independence Avenue, Chatsworth, CA 91311 | MLS# SR19131775

Open Sat & Sun 1-4pm

Property for sale for $1,489,000. Beautiful Estate property. A hidden gem in Chatsworth behind its own private gate. This home features 6 bedrooms plus office, 6 baths, 5239 sq ft of living space, center island, kitchen with granite counter top, stainless steel appliances, breakfast area, family roo...

06/22/2019

Economic update for the week ending June 22, 2019

Stock markets close week at or near record highs - The DOW and S&P hit new highs this week -Stocks finished higher for the third straight week. Investors were optimistic on hopes of lower interest rates as the Federal Reserve signaled that a rate cut this year was being considered. Other central banks overseas have also either dropped rates, or signaled that they were considering easing, forcing global bond yields down. The Dow Jones Industrial Average closed the week at 26,719.13, up 2.4% from 26,089.61 last week. It’s up 14.5% year to date. The S&P 500 closed the week at 2,950.46, up 2.2% from 2,881.98 last week. It is up 17.1% year to date. The NASDAQ closed the week at 8,031.71, up 3% from 7,796.66 last week. The NASDAQ is up 21% year to date.

Treasury Bond Yields hold at 24 month low - The 10-year treasury bond closed the week yielding 2.07%, almost unchanged from 2.09% last week. The 30-year treasury bond yield ended the week at 2.59%, unchanged from 2.59% last week. We watch treasury bond yields because mortgage rates follow bond yield yields.

Mortgage rates remain at lowest levels in 2 years - The June 13, 2019 Freddie Mac Primary Mortgage Survey reported that the 30-year fixed mortgage rate average was 3.84%, almost unchanged from 3.82% last week. The 15-year fixed was 3.25%, almost unchanged from 3.26% last week. The 5-year ARM was 3.48%, down slightly from 3.51% last week.

Lower mortgage rates spur more California home sales and higher home prices in May - The California Association of Realtors reported that the number of existing home sales in May totaled 406,960 on a seasonally adjusted annualized basis in May. It was the first time sales were above the 400,000 benchmark in almost a year. The statewide median price increased to $611,190, up 1.7% from last May, and a new record high. The unsold inventory index showed a 3.2 month supply of homes for sale, up from a 3 month supply one year ago.

U.S. existing home sales rebound in May - The National Association of Realtors reported that the number of existing homes sold increased 2.5% month over month in May. The nation-wide median price increased 4.8% year over year from last May. That marked the 87th straight month of year over increases in the median price. Inventory levels showed a 4.3 month supply of homes for sale, up slightly from a 4.2 month supply one year ago.

Have a great weekend!

Address

23901 Calabasas Rd, Ste 1050
Calabasas, CA
91302

Opening Hours

Monday 09:00 - 18:00
Tuesday 09:00 - 18:00
Wednesday 09:00 - 18:00
Thursday 09:00 - 18:00
Friday 09:00 - 18:00
Saturday 09:00 - 18:00

Telephone

(818) 266-4107

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