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  • 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 same home today (which might be $380K-due to the softened market) at current interest rates (which ...
    Posted to Real Estate Blog LA (Weblog) by 402414 on April 2, 2008
  • Multi Family Bldgs. - Investors Buying in Los Angeles CA

    *Updated March 11, 2008 Investors (Foreign and Domestic): There are some very real investment opportunities in the Los Angeles CA area involving Multi-Unit Residential properties. As a Buyer, if you are not ready to make a home purchase, you can still own a piece of the dream in Los Angeles through an investment strategy. Los Angeles ...
    Posted to Real Estate Blog LA (Weblog) by 402414 on March 13, 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, Buyers are waiting, but should they? With interest rates low, supply up, and ...
    Posted to Real Estate Blog LA (Weblog) by 402414 on February 13, 2008
  • 94% Chance of Price Decline?

    Riverside, CA just outside of Los Angeles, is on target to see continued Home Price declines for the next 2 years. The odds that this will come true are 94% based on a statistical model by PMI Mortgage Insurance Co. This same model applied to the Los Angeles area predicts a 79% chance that home price will decline for the next 2 years. With ...
    Posted to Real Estate Blog LA (Weblog) by 402414 on January 16, 2008