Get inside of the mind of Sync Brokerage
During the second month of this year, the purchasing price of a San Fernando Valley home struck the latest maximum.
With the cost of homes at an all-time high and rents above standard affordability, many Los Angeles’ residents are presented with a difficult decision as to whether rent or purchase.
It has become increasingly challenging for low and middle-class purchasers to afford to house in LA. Measuring out standard rental costs against resident incomes in LA counties shows that those with an income around the middle would need to dedicate almost forty-seven percent of their income to be able to purchase an average priced rental home or apartment. During the last 15 years of the 1900s, a standard rental only needed around thirty-six percent of the middle salary.
absolutely LOVE holding #OpenHouse at gorgeous houses like this. As of right now, it's still available (for now). If you are interested in seeing or buying this magnificent home call, text, email, or message me on social media. Here is a link to the whole listing if you want the specs on the house: