Lisa Marie Chase Real Estate, 100 North Westlake Boulevard, Suite 100-A, Westlake Village, CA (2026)

Lisa Marie and her family have been residents of Westlake Village for over 20 years, she believes the city is one of the most beautiful and vibrant communities to live in. Westlake Village and the Conejo Valley continue to attract new residents resulting in the growth, progress and continued evolution of the city, while preserving its upscale small town suburban atmosphere. She knows the Conejo Va

lley well and is knowledgeable of its geographic areas and the expanding demographic. She is a good source of information for buyers moving into the area.. As a community volunteer with management and corporate experience, a business owner and licensed realtor since 2004, she has made invaluable connections in the Conejo Valley. Lisa Marie takes pride in this unique and extraordinary place we call home... She is a planner and organizer, she loves spending time with her family and especially enjoys planning for holidays. Lisa Marie grew up in the valley and has lived in Woodland Hills, Simi Valley, Calabasas, Agoura and Westlake Village. She is very proud of her three adult children, two sons and a daughter who went to Westlake High School. Her parents moved to the area a few years ago and love it here! She is an animal activist and dog lover, she has fostered and rescued dogs for local shelters. Lisa Marie is personable, informative and goes above and beyond for her buyers and sellers, when you hire Lisa Marie you get her, not a team of assistants or as with discount brokers, passed along from agent to agent during the process. United with Rodeo Realty, you receive local expertise along with a strong global presence. With her experience in interior design, knowledge of color theory, space planning and working with contractors, she is able to advise her buyers and visualize new possibilities. For her sellers, she offers free home evaluations and guides you on essential preparations to be market ready. Her attention to detail and uncompromising need for perfection is exceptional. Lisa Marie will create and target a specific marketing plan for your home to sell quickly, at the highest value and open the door to your next dream home. She prides herself on being accessible to her clients at all times and is there for you every step of the way…
She welcomes the opportunity for referrals and is grateful to connect with your neighbors, friends, relatives and associates. She’s been Opening Doors for you since 2004!

01/23/2022

$🏡$ Economic Update for the week ending January 22, 2022

Stock markets suffered deep losses this week - Fears of higher interest rates due to The Federal Reserve's shift in policy to combat inflation hit stock markets hard this week. Substantial losses were across the board and in all industries. The Dow Jones Industrial Average closed the week at 34,265.37, down 4.6% from 35,911.81 last week. It is down 5.7% year to date. The S&P 500 closed the week at 4,397.94, down 5.7% from 4,662.85 last week. The S&P is down 7.7% year to date. The NASDAQ closed the week at 13,758.92, down 7.6% from 14,893.75 last week. It is down 12% year to date.

U.S. Treasury bond yields - The 10-year treasury bond closed the week yielding 1.75%, almost unchanged from 1.78% last week. The 30-year treasury bond yield ended the week at 2.07%, down from 2.12% last week. We watch bond yields because mortgage rates often follow treasury bond yields.

Mortgage rates - The January 13, 2022 Freddie Mac Primary Mortgage Survey reported mortgage rates for the most popular loan products as follows: The 30-year fixed mortgage rate was 3.56%, up from 3.45% last week. The 15-year fixed was 2.79%, up from 2.43% last week. The 5-year ARM was 2.60%, up from 2.57% last week.

2021 marks the most homes sold in 15 years - December California existing-home sales - The California Association of Realtors reported that existing-home sales totaled 426,850 on a seasonally adjusted annualized rate in December. Preliminary figures indicate that 444,520 homes closed escrow in 2021 in California, an increase of 7.9% from the 411,870 homes sold in 2020. That marks the highest number of yearly sales since the subprime lending market in 2006 when virtually anyone that wanted to buy a house could get qualified. The median price paid for an existing home in November was $796,570, up 11% from last December when the median price was $717,930. The annual median price climbed a record 19.3% in 2021. There was a 1.2-month supply of homes for sale in December, which marked the lowest inventory level ever recorded.

10/04/2021

$🏡$ ECONOMIC UPDATE for week ending October 2, 2021

Stock markets dropped this week – Talks of a government shutdown, which were averted, and political uncertainty over the fate of the bipartisan infrastructure bill and a massive potential reconciliation bill dominated the news this week. Stock market indexes suffered their largest monthly losses in September since March of 2020. September is often a rocky month for stocks. We will see what October brings. Third quarter corporate profits will be released in the coming weeks, and it is expected that the fate of the infrastructure bill and the reconciliation “Build Better” bill should be sorted out one way or the other. Both of those bills contain massive spending which will stimulate the economy, but would also add to inflationary pressures, and expand the debt. The reconciliation bill also raises taxes for corporations, investors, and families making over $400,000 a year. The Dow Jones Industrial Average closed the week at 34,326.46, down 1.4% from 34,798.00 last week. It is up 12.2% year-to-date. The S&P 500 closed the week at 4,357.04, down 2.2% from 4,455.48 last week. It is up 16.1% year-to-date. The NASDAQ closed the week at 14,566.70, down 3.2% from 15,047.70 last week. It is up 13.2% year-to-date.

U.S. Treasury bond yields - The 10-year treasury bond closed the week yielding 1.48% up slightly from 1.47% last week. The 30-year treasury bond yield ended the week at 2.04%, up, from 1.99% last week. We watch bond yields because mortgage rates often follow treasury bond yields.

Mortgage rates - The September 30, 2021, Freddie Mac Primary Mortgage Survey reported mortgage rates for the most popular loan products as follows: The 30-year fixed mortgage rate was 3.01% up from 2.88% last week. The 15-year fixed was 2.28% up from 2.15% last week. The 5-year ARM was 2.48% up from 2.43% last week.

The September Jobs report will be released next Friday and included in next week’s update.

Have a great week ahead!

08/28/2021

$🏡$ ECONOMIC UPDATE for the week ending August 28, 2021

Stock markets closed the week at new record highs – Stock market indexes have hit record highs over 50 times in 2021. Despite a rise in coronavirus cases, turmoil overseas, a slip in retail sales, and talk of some tightening by the Federal Reserve, economic data has remained mostly strong. Experts feel that the economy is still expanding as the country continues to recover from the economic impact of the pandemic, despite setbacks due to the Delta Variant. They also feel that job gains will continue to be strong. The Dow Jones Industrial Average closed the week at 35,455.80, up 1% from 35,120.08 last week. It is up 15.8% year-to-date. The S&P 500 closed the week at 4,509.37, up 1.5% from 4,441.67 last week. It is up 20% year-to-date. The NASDAQ closed the week at 15,129.50, up 2% from 14,822.90 last week. It is up 17% year-to-date.

U.S. Treasury bond yields - The 10-year treasury bond closed the week yielding 1.31%, up from 1.26% last week. The 30-year treasury bond yield ended the week at 1.91%, up from 1.87% last week. We watch bond yields because mortgage rates often follow treasury bond yields.

Mortgage rates - The August 26, 2021, Freddie Mac Primary Mortgage Survey reported mortgage rates for the most popular loan products as follows: The 30-year fixed mortgage rate was 2.87%, unchanged from 2.86% last week. The 15-year fixed was 2.17%, unchanged from 2.16% last week. The 5-year ARM was 2.42%, unchanged from 2.43% last week.

U.S Existing-home sales increased 2% month-over-month in July - The National Association of Realtors reported that the number of existing-home sales increased 2% in July from the number of homes sold in June. Year-over-year home sales increased 1.5% from the number of homes sold last July. The median price paid for a home in the U.S. in July was $359,900, up 17.8% from last July’s median price of $305,600. July marked the 113th straight month of year-over-year increases in the median price. The unsold inventory level is at a 2.6-month supply of homes for sale, down from a 3.1-month supply one year ago. First time buyers accounted for 30% of all purchases. Second-home and investor purchases accounted for 15% of all homes sold. Foreclosures and short sales accounted for less than 1% of all homes sold. All cash purchases accounted for 23% of all transactions.

Have a great weekend everyone!

08/07/2021

$🏡$ ECONOMIC UPDATE $🏡$
Week Ending August 7, 2021

U.S. employers added 943,000 jobs in July - The Department of Labor and Statics reported that 943,000 new jobs were added in July. That exceeded the 845,000 new jobs experts predicted. Average hourly wages rose 4% year over year. The unemployment rate was 5.4% in July, down from 5.9% in June. It has fallen from a high of 14.8% at the start of the pandemic, but is a long way off from its 3.5% rate before the pandemic.

Strong jobs report pushes stock markets to or near record highs – Stocks rallied on the news that employers added nearly one million jobs in July. It was widely felt that the spike in COVID cases would effect hiring, but it certainly did not in July. The Dow Jones Industrial Average closed the week at 35,208.51, up 0.8% from 34,935.47 last week. It is up 14.9% year-to-date. The S&P 500 closed the week at 4,436.52, up 1.0% from 4,395.26 last week. It is up 18.1% year-to-date. The NASDAQ closed the week at 14,835.76, up 1.1% from 14,672.68 last week. It is up 15% year-to-date.

•U.S. Treasury bond yields - The 10-year treasury bond closed the week yielding 1.31%, up from 1.24% last week. The 30-year treasury bond yield ended the week at 1.94%, up from 1.89% last week. We watch bond yields because mortgage rates often follow treasury bond yields.

•Mortgage rates - The August 5, 2021, Freddie Mac Primary Mortgage Survey reported mortgage rates for the most popular loan products as follows: The 30-year fixed mortgage rate was 2.77%, almost unchanged from 2.80% last week. The 15-year fixed was 2.10%, unchanged from 2.10% last week. The 5-year ARM was 2.40%, down from 2.45% last week.

Have a great weekend everyone!

Address

100 North Westlake Boulevard, Suite 100-A
Westlake Village, CA
91362

Website

http://lisamariechase.rodeore.com/

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