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23 February 2010
Jumping into the Housing Market?..consider this:
If you have a good job and good credit, the next few months might be a good time to go house hunting. Fence-sitters take the risk that Congress may let a rich tax credit expire, and that interest rates may rise. Buyers and sellers should consider the Read More...
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23 February 2010
WestEnd Loft Premier Penthouse is now available
This is the best residence in the WestSide's best-selling community - this is progressively coastal living. Residence #421, priced at $749,900, features a wrap-around deck, outdoor and indoor fireplaces, upgraded appliances and flooring. Ocean breezes Read More...
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27 July 2009
Week in Review 7/27/09 Rates still Low!
Despite some volatile mid-week action, home loan rates closed out the week near the level where they had begun the week. The supply of unsold homes on the market dropped from the prior reading of 9.8 months down to 9.4 months - which is the best level Read More...
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08 June 2009
Twitter Me...on the twitter page at...
You can now find me: http://www.twitter.com/Realtor_SoCal Thanks! Tom Read More...
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15 April 2009
March California Foreclosure Report
Notices of Default , the first step in the foreclosure process , reached a record level – nearly 26 percent higher than the previous historic peak in April 2008. Notices of Trustee sale , which set the auction date and time, rose 82.3 percent from Read More...
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13 February 2009
Auction Opportunities and Foreclosure Numbers
Auction investment opportunities continue to increase. January brought an unexpected, across the board drop, in the total Notices of Default, Notices of Trustee Sale, and sales at auction, not only from the prior month, but year over year as well. Even Read More...
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10 February 2009
5 Reasons to Buy a Home Now
1. Affordability is better than ever According to the National Association of Realtors' housing affordability index, homes were more affordable in December than at any other point since the group started the index in 1970. The affordability index Read More...
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10 February 2009
$7,500 15-year interest free loan from the government-Get yours!!
Tax credit offered to new homebuyers Expires June 30, 2009! Who is eligible? First-time homebuyers or any homebuyers who have not owned a principal residence in the last three years How does it work? Eligible purchasers can claim the $7,500 credit on Read More...
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08 February 2009
Home Prices to Bottom in 2009..New Report!
House prices in much of the U.S. will bottom out in this year's fourth quarter, Moody's Economy.com says in a new report. The report projects that peak-to-trough declines for metro areas will be 53% in Los Angeles. In some of the hardest hit markets, Read More...
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24 January 2009
How can a real estate agent help me sell my home?
There are countless decisions to be made when selling a home, and many of them will significantly affect whether or not you make a profit and how much time it takes to sell your home. A real estate agent can offer specialized knowledge in research, marketing Read More...
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10 January 2009
Economist's Commentary: January 9, 2009
Quick Take on the Economy: January 9, 2009 By Lawrence Yun, NAR Chief Economist Employment Situation December 2008:Payroll jobs were cut by 524,000 and the unemployment rate rose to 7.2 percent. From the cyclical peak employment 12-months ago, a net 2.6 Read More...
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08 January 2009
Rates Fall to Record Low of 5.01%
The 30-year fixed-rate mortgage (FRM) averaged 5.01 percent with an average 0.6 point for the week ending Jan. 8, 2009, down from last week when it averaged 5.10 percent, according to Freddie Mac’s latest results of its Primary Mortgage Market Survey Read More...
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26 December 2008
Rentals:Multi-Family vs. Single Family...No Question...
Here are some of the advantages that investing in Multi-units Buildings has over Single Families. Cash flow on a multi-family is always greater than that of a single family. Simply because you have more rents coming in. The more units you have under one Read More...
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25 November 2008
REO Pre-listings NOW available on my site
I am now featuring REO Pre-Listings on my site. If you or your Buyers are not familiar with a Pre-Listing, you are not alone. A Pre-Listing is an REO that may not be vacant so it is not on the market. However, the Bank will accept offers on these allowing Read More...
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22 November 2008
Pre-Listings Now Available...BUY NOW before they hit the MLS!!!
I now have access to "Pre-Lisitings" at my Office. These are not Auction Properties, but rather Bank Owned Homes that are about to be posted on the MLS . You can put in offers now BEFORE ANYONE ELSE!!! Areas:Compton,Inglewood,Los Angeles Please Read More...
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