RECENT BLOG POSTS
For those who like following the ultra-rich in L.A. real estate purchases, here is the 2017 wrap-up from Yolanda's Little Black Book
There's a rush to pre-pay property taxes now that there are new tax laws.Read the entire article in Realtor.com for some considerations.And as always . . . speak with your financial advisors so that you make informed decisions.
There are conflicting reports in the media about the housing market.Here are the very positive findings from the Department of Housing and Urban Development (HUD).
The Senate and House plans for affordable housing are at odds with one another.https://www.cnbc.com/2017/11/14/affordable-housing-could-lose-big-in-republican-tax-plan.html
Let's see if this latest prediction for 2018 housing market occurs: https://www.prnewswire.com/news-releases/zillow-predicts-suburban-sprawl-to-return-in-2018-300556180.html
Looks like the real estate market is going to be dealing in a new currency:Check out this report by Diana Olick from CNBC on Bitcoin and some real estate professionals who are selling and buying real estate with it.
Diana Olick always has her finger on the pulse. I’m seeing a bit of softening in both the sales and rental markets in most areas.Read all about it in CNBC.
CNBC reports a real mismatch between home sellers and buyers in the real estate markets. This is most pronounced in large cities, e.g., Los Angeles (my home), San Francisco and New York, where the disparity between the listed prices for homes vs. buyer affordability, is even greater.The gap doesn...
Waiving appraisals on some loans is a huge shift in how real estate transactions are conducted and could open the door to fraud. On the other hand, it will put buyers who want to use an FHA or Doctor Loan at a distinct disadvantage because those loans will still require an appraisal. The origina...
Ten offers - all over asking price. Down-payments ranging from 20-50% or more. Buyers removing their appraisal contingencies, confident that their offers of 5-10% over asking price will nevertheless will be approved by independent appraisers. And if not, they're able, willing and eager to pay the...