Good question… it doesn’t technically hurt you to refi again and again, if you are going to stay in a property long enough to get your investment back on the cost of your refinance and substantially lower your payment, usually...
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Many people thought the market would plunge into a recessionary state with wild price drops. Why didn’t this happen? Largely because most of the people struggling with housing insecurity, are renting. This is causing a massive stabilization of rents and...
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The total number of sales was 1,635, which was down 50%! (All numbers are comparing May, the last full month available, 2020 and 2019). Single-family resales came in at 1,043, also off 50%. Condos had 427 closed sales down 54%,...
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Inman reports “Summer Outlook: Real Estate Heads Into Buying Season On Firm Footing” The US housing market, after understandably sputtering this spring due to COVID-19, is showing resiliency as the market picks up substantial steam all over the country. Realtor.com reported...
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Wow, what a difference a month makes. The Coronavirus did more than spook financial markets as stocks tumbled nearly 4% overall in 3 short days, losing some 6 trillion in value. Ironically, this bodes well for interest rates, which were...
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The total number of homes sold for January, the last complete month available, is 2,136 which is a 20% increase over the volume of 2019. Last winter the spring selling season started with a pretty blank slate until mid-March last...
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It is hard to believe that housing prices will rise yet again in 2020, but that is exactly the prediction of Chapman’s Jim Doti and many other local economists. The culprit, if you wish to call it that, is once...
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Sales fell 9% across the Southland — Ventura to San Diego. However prices rose. Still good right? Maybe not. With the Fed marking the week with the first cut in years, they sent a definite signal that the economy appears...
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If you are shopping for a loan to buy or to refinance an existing mortgage, make sure you truly understand your loan product. Know not only how many years it is amortized for, but also when is the loan due....
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The Sunday June 9th headline in a local paper quoted “Reports On Housing” reports that inventory in the 4 county southland of Los Angeles, Orange County, San Bernardino and Riverside, rose substantially to 36,335 as of May 30th, up from...
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Good question… it doesn’t technically hurt you to refi again and again, if you are going to stay in a property long enough to get your investment back on the
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Fax 714-283-9920
22800 Savi Ranch Pkwy, Ste 216
Yorba Linda, CA 92887
