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The Plaice Report
Real estate & neighborhood news · SFV & SCV · Issue #1 · Thursday, November 5, 2026
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Hi there, Welcome to the first Plaice Report. For years I've put together my own little newspaper every morning, and a lot of you have asked what I'm reading. So here it is: rates, programs that can help buyers, what's actually selling in the Valley and Santa Clarita, and a few things to do this weekend. Short, useful, once a week. If something here sparks a question about your home or your family's next move, just hit reply. I read every one. — Randy |
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Mortgage rates This Week's Rates
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30-yr fixed
7.24%
Week ago 7.32% · Year ago 6.17%
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15-yr fixed
6.60%
Week ago 6.68% · Year ago 5.41%
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Freddie Mac PMMS national averages, week of Oct 29, 2026. Source: Freddie Mac
30-yr FHA 6.91% · 30-yr VA 6.92% · 30-yr Jumbo 7.52%
Mortgage News Daily index, Nov 2, 2026
My take: Rates dipped for a second straight week. They're still about a point higher than a year ago, so it pays to compare at least two or three lenders.
Freddie Mac's next survey comes out Thursday Nov 5 at 9 AM PT, after this issue goes out. Next week's issue will have it.
Rates shown are national averages for information only, not an offer or commitment to lend. Your rate depends on credit, down payment, points and lender. Randy Plaice is a real estate broker, not a mortgage lender or loan originator, and holds no NMLS license. Talk with an NMLS-licensed loan officer for a quote. | |
Down-payment help Buyer Programs: What's Open
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Deferred down-payment loan up to 3.5% of price (FHA) or 3% (conventional), paired with a CalHFA first mortgage. | |
Zero-interest closing-cost help built into CalPLUS FHA and conventional loans. | |
Up to $161,000 for low-income first-time buyers in the City of LA (80% AMI, $133,250 for a family of 4; price cap $956,465). 15 reservations in the Nov 18 round. | |
Up to $115,000 for moderate-income first-time buyers in the City of LA. 13 reservations in the Dec 16 round. | |
Up to $100,000 or 20% of price, 0% interest, shared equity; price caps $700K / $850K. Not available in the City of LA or Santa Clarita. Nearby eligible areas include Calabasas, Agoura Hills, Westlake Village, Hidden Hills, San Fernando and unincorporated county. | |
The 2026 round closed Mar 16. We'll tell you here when a new round is funded. | |
LA County 1-unit limit: $1,249,125 for both FHA (HUD's 2026 high-cost ceiling) and conforming loans (FHFA). | |
No loan limit for veterans with full entitlement, and no down payment required by VA. |
Status checked on each program's official site Nov 3, 2026. Program rules and funding change often; confirm eligibility with the program or a participating lender. | |
September 2026 data SFV & SCV Market Snapshot
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San Fernando Valley
| Median home price | $1,101,000 (−4.3% YoY) | | Median condo price | $638,000 (+7.4%) | | Days on market | 40 days | | Inventory | 2,621 active (−18% YoY) | | Months of supply | 4.8 months | | Sales | 402 home sales (−23.1%) |
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Santa Clarita Valley
| Median home price | $848,000 (−0.2% YoY) | | Median condo price | $540,000 (−1.2%) | | Days on market | 43 days | | Inventory | 537 homes + 332 condos (homes −19.4%, condos +7.4%) | | Months of supply | 3.2 months | | Sales | 168 home sales (flat) |
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LA County median $994,670 (+1.2% YoY), sales −10.9%. C.A.R., Sept 2026
What it means: Fewer homes are selling, but prices are holding close to last year. Condo listings in Santa Clarita are at their highest since 2019, so condo buyers have real choices right now. | |
From our team Featured Homes
None of our team's listings are on the market this week, and we don't borrow other brokers' photos. So here's where our clients have been buying and selling instead.
Each dot is a home Randy has helped a client buy or sell since 2010 (Zillow sales history). Map data © OpenStreetMap contributors.
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Thinking about selling?
Your home could be the one featured here. Text (818) 278-2175 for a free, no-pressure value range. |
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Just sold Recently Sold by Our Team
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27580 Prairie Way · Valencia
Sold $634,000 · Nov 2026 · Our team represented the buyer · New construction |
SOLD | |
19025 Drycliff St · Canyon Country
Sold $730,000 · Sep 2026 · Our team represented the seller |
SOLD | |
11875 Nebraska Ave · West Los Angeles
Sold $975,000 · Oct 2025 · Our team represented the buyer & seller |
SOLD | |
10214 Larwin Ave #3 · Chatsworth
Sold $750,000 · Sep 2025 · Our team represented the seller |
SOLD | |
28538 Redwood Canyon Pl · Saugus
Sold $860,000 · Sep 2025 · Our team represented the seller |
SOLD |
Closings by our team (Randy Plaice & Associates, Real Broker), from CRMLS records and our Zillow sales history. | |
Reviews What Clients Are Saying
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“Randy and his team not only helped us with selling my parents’ house, he went above & beyond! He helped coordinate getting the house prepped for sale and navigated the sale through a tricky market.”
★★★★★ Lisa L., Google review | | | |
“They were communicative, resourceful, patient, and very helpful. We are very grateful to have had a well knowledgeable team…”
★★★★★ John G., Google review (first-time buyers) | | |
5.0★ on Google (40 reviews) · 5.0★ on Zillow (309 team reviews) · Read all reviews | |
Tarzana · Encino · Woodland Hills · Valley · SCV Neighborhood News & Events
Metro broke ground Oct 19 on the East San Fernando Valley light rail: 6.7 miles and 11 stations along Van Nuys Blvd, targeted to open in 2032. Source |
Fri Nov 6 · 3–6 PM
North Hollywood. Free Armenian harvest festival with food and music. | |
Sat Nov 7 · 8:30 AM–1 PM
Newhall. Every Saturday on Main Street. | |
Sat Nov 7 · 10 AM–4 PM
The Shops at Sportsmen's Lodge, Studio City. Free local makers market. | |
Sun Nov 8 · 8 AM–1 PM
Encino Farmers Market
17400 Victory Blvd, Encino. Runs every Sunday. | |
Sun Nov 8 · 4–7 PM
Woodland Hills Country Club. Tickets $95. | |
Wed Nov 11 · 11 AM
Veterans Historical Plaza, 24275 Walnut St, Newhall. Free; honoring local veterans. |
Event details from organizers; confirm times before you go. | |
Before you go Fun Fact & Home Tip
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FUN FACT
Tarzana is named after Tarzan. In 1919 Edgar Rice Burroughs, the author of the Tarzan books, bought the old Harrison Gray Otis ranch and renamed it “Tarzana.” The community that grew up around it kept the name.
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HOME TIP OF THE WEEK
Your 2026–27 LA County property tax bill is out. The first installment becomes delinquent after 5 PM Thursday, Dec 10 (10% penalty). Paying by eCheck at propertytax.lacounty.gov is free. While you're at it, clear the gutters before the first real rain.
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What's your home worth today?
Real comps from your street, not an online guess. Free, and no pressure.
Know someone buying or selling, anywhere in the country? We'll connect them with a great agent there.
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Randy Plaice & Associates | Real Broker
Randy Plaice, Broker Associate, CA DRE #01863252 · Real Broker, LLC, CA DRE #02022092
Real Broker office: 39899 Balentine Dr, Suite 200, Newark, CA 94560 · Team based in Tarzana, CA 91356
(818) 278-2175 · randy@randyplaice.com
⌂ EQUAL HOUSING OPPORTUNITY
Information deemed reliable but not guaranteed; sources linked above. Market stats are area-wide, not a valuation of your home. If your home is currently listed with another broker, this is not a solicitation of that listing.
You're getting The Plaice Report because you've worked with Randy or are part of his circle. Unsubscribe · or reply “unsubscribe”. Past issues
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