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03 April 2008
Good News!..Feb. 2008 Homes Sales in a Stable Range..
Sales of existing homes increased in February and remain within a fairly stable range, according to the National Association of Realtors®. Existing-home sales - including single-family, townhomes, condominiums and co-ops - rose 2.9 percent to a seasonally Read More...
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02 April 2008
What Happens in Escrow?
An escrow is an arrangement in which a disinterested third party, called an escrow holder, holds legal documents and funds on behalf of a buyer and seller, and distributes them according to the buyer's and seller's instructions. People buying Read More...
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02 April 2008
Tax Rebates Coming Soon... When will you get yours?
Last month, President Bush signed the Economic Stimulus Package into law - setting aside $168 billion in tax rebates and incentives to help boost the US economy. As we head into spring, those tax rebates are getting ready to hit the mail. So when should Read More...
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02 April 2008
RENTERS BEWARE!
If you are currently renting , the following might be helpful. Just for comparison: if you are currently Renting and paying $2k per month and could have bought a $400K home a year ago at last years interest rates with a mortgage of around $1800, that Read More...
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14 March 2008
Apartment Buildings - Multi-Family Units - Good time to Buy - NOW!
The National Multi Housing Council projects the number of "households that rent" will increase by four million over the next 10 years, with half of them renting apartments in properties with five or more units. Looking back at 2007, the group Read More...
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13 February 2008
Transactions #'s Down...Jan '08 Data
Are Buyers and Sellers waiting out the market? They may be, as evidenced by the latest data regarding SoCal Home Sales Transactions which fell below 10,000 in the month of January. This is the first time this has happened in around 20 years. Clearly, Read More...
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