Tight Inventory, ever rising rents, killer interest rates, the market is really a little crzy! Tenants are struggling with 9 straight years of rent hikes, as we continue to have a housing crisis of epic proportions. That may sound dramatic,...
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1. Don’t assume you cannot 2. Rising rent fatigue – yet more of your income unpredictability. 3. Your credit score is cleaned up and has improved history. 4. You have managed debt and lower ratios of debt. 5. Tired of...
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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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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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There are many reasons for the market to remain calm and somewhat steady, with the normal cooling trend in both sales volume and prices taking effect currently. Numbers just reported show the cooling trend has been underway for the past...
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Sunday March 17th, Jonathan Lansner wrote, “Rents Still Rising in Los Angeles, Orange Counties”, according to the Consumer Price Index, try 5.9%. This is way above inflation, and renters…you’re paying more for rent than owners are getting in appreciation. That...
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Millionaire David Bach has a message for Millennials, don’t wait to buy. It is nearly impossible to build retirement and personal wealth without home ownership. For example, if one rents a 2 bedroom apartment for the approximate average rate of...
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Could we be seeing the beginning of pricer decline across the southland?Don’t get too excited–the southland median price did rise 5.8% year over year from July 2017 to July 2018, but prices did dip from June’s median price rise the...
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Three myths to the current housing market: #1) We are headed for a bubble. Homes have risen in prices for 76 straight months. However, this next recession will be considered a “normal” recession after years of economic growth and employment. ...
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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
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