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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Not only is it unfounded, it has been disproved by the current pace of sales, extreme demand, and continuing appreciation. First of all, in much of the country, housing medians are well below the new limits. In markets where many purchase at or...
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So read a front page article in the Real Estate section of the Sunday OC Register. It’s true that the types of housing many MILLENNIAL want with modern looks, and high tech, and “green” friendly, can be pricey with rising rents...
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As would be expected, there has been lots of news on the real estate front since the last newsletter. The headline of the OC Register was all about Millenials’ rent! Simply put, the frugality and the desire for value of...
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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
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