ALERT!- Unemployment Rate Falls to 9.4%
The unemployment rate in the United States slipped to 9.4 percent in December, as employers added 103,000 jobs to their payrolls, according to figures just released by the Department… Read more ⇢
News
MUST READ NOW: Don’t Bet On Lower Housing Prices In 2011
If you were thinking of buying or selling a home and looked at the latest price data, you’d probably agree with what many experts are saying — prices will… Read more ⇢
Short Sale $3,000 Relocation Incentive
To reduce the rising number of foreclosures, the U.S. Treasury Department introduced a new federal program that streamlines the short sale process, while removing mortgage-related liabilities for people unable to keep… Read more ⇢
Must Read Now: Kiss 4% mortgage rates goodbye
The era of near 4% mortgage rates has ended after a quick rate rise since early November. But some industry experts think that may be a good thing for… Read more ⇢
Short Sales and Tax Relief, HOA Conflicts, Non-permitted Remodels
Q. I bought my house 17 years ago and am doing some remodeling. Now city inspector says I need to get permit for windows that were in the house… Read more ⇢
December Market Summary
If someone had told you in 2005 that home prices would be down 35% to 40% and mortgage rates would be under 5% in 2010, you most likely would… Read more ⇢
2010 Housing in Review, and a Look at 2011
The National Association of Realtors (NAR) predicted the housing market would improve by the end of 2010. In September 2010, Lawrence Yun, NAR’s chief economist, said that he expected… Read more ⇢
News Alert: Existing-Home Sales Gain Ground
Sales of previously owned homes rose 5.6 percent in November, according to data just released by the National Association of Realtors. Distressed homes accounted for 33 percent of the month’s total… Read more ⇢
Real Estate Foreclosure News
Fannie and Freddie Restart REO Sales Fannie Mae and Freddie Mac have instructed their selling agents to move forward with transactions involving foreclosed properties in cases where sales were… Read more ⇢
Ask The Expert: Buying Pre-Market REO’s, Out of State Escrows, Undervalued Appraisals
Q. I am looking at REO’s that are not yet listed in the MLS. There is one I would love to purchase but my agent doesn’t seem to be… Read more ⇢
Los Angeles: By the Numbers
Metro Population 9.8 Million Source: US Census Bureau Unemployment Rate: 12.4% Source: CA Development Dept. Metro Area Vital Signs Office: Multifamily: 14.3% Vacancy 2Q 2010… Read more ⇢
Ask the Expert: Loan Discount Points, Procuring Cause and Choosing an Agent
Q. What Are Discount Points?… Read more ⇢
Rail line to Westside wins approval
The Los Angeles County Metropolitan Transportation Authority (MTA) has just announced approval of a route for the planned Westside subway. The route selected out of five options will take… Read more ⇢
Mortgage Bankers Association predicts double-digit sales growth
Home sales will rise modestly next year but won’t really take off until 2012, economists with the Mortgage Bankers Association predict in their latest forecast. Existing-home sales,… Read more ⇢
California Law To Require Carbon Monoxide Detectors
The Carbon Monoxide Poisoning Prevention Act of 2010 (SB 183), was signed into law by California Governor Arnold Schwarzenegger on May 7, 2010. Landlords, property managers and property managements… Read more ⇢
By submitting information, I am providing my express written consent to be contacted by representatives of this website through a live agent, artificial or prerecorded voice, and automated SMS text at my residential or cellular number, dialed manually or by autodialer, by email, and mail.
