Welcome to our first newsletter of 2021. Wow, what amazing finish to one of our most difficult years ever, in terms of worry and hardship; but those who had the nerves to pursue housing were rewarded on both the seller...
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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 cost of your refinance and substantially lower your payment, usually...
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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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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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The inflationary hit on household saving accounts should start to ease for the second half of 2023. The Wall Street Journal 7/13/23 article points to a general decline in inflation
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