RECENT BLOG POSTS
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The only way to truly know what an asset is worth is when it trades. Only at that time, when a buyer and a seller publicly agree on a price, is the asset's worth uncovered.Therefore, the question about what an asset is worth is a personal question and the answer can vary widely between different...
01/27/2010
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Many current realities in the market make me think we may be near the bottom of the cycle and we are close to a turning point in the residential real estate market. These realities include declining housing inventory, increasing buyer competition, slowing price depreciation, and rising builder c...
05/29/2009
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South Bay residents will honor those who have died in service to their country as well as current and former members of the military at several events over the Memorial Day weekend. Here's a community-by-community rundown of local activities: INGLEWOOD: Ceremony 11 a.m. Monday at the Memorial Obe...
05/22/2009
When is a lease option a better idea than putting your home up for sale in the usual manner?Like most financial questions, the answer to this one will vary widely between different scenarios. Really the underlying question is should the seller sell now or lease then sell later. I have an actual...
05/21/2009
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I recently got a call from a client/ developer who was upset because he spent $1.4 million on abeautiful house that is now worth about $1 million. The property is currently rented and earning $4,500 per month. This is a client with a lot of cash and generally doesn't require many loans. He ask...
05/15/2009
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Today I went to a co-sponsored event, Emerging Trends in Real Estate. It was hosted by the Urban Land Institute (ULI) and Price Waterhouse Coopers. In summary, there are major issues with jobs, housing, credit, manufacturing, and other sectors that will continue to hamper economic growth through ...
11/20/2008