Teachers help form the foundation for strong, local communities, however just 17 percent of homes available in California are affordable on a teacher’s salary. That percent goes down to zero in expensive San Francisco,
Let’s analyze how homeownership produces “cents”– from the tax benefits, to good old fashioned financial stability. The financial benefits of homeownership are evident year round, but particularly around tax time– they appear to jump
Nobel Prize-winning financial expert Robert Shiller said Tuesday that home-price growth is very likely to decrease this year, with demand hit by decreasing affordability, and many more factors. Mortgage rates have risen from ultra-low
The share of first-time buyers stays below the long run average of 38 percent and is the lowest ever since 2006. After raising a little in 2012, the proportion of first-time buyers began dipping
Increasing college enrollment among younger adults ages 18 to 24 helps explain their raised preferences for not leaving parent homes. The majority of adults in this age group, 52 percent, attended school or college
Sales of formerly owned U.S. homes dropped in January to the lowest level in over a year as extreme winter weather combined with a shortage of supply, tight credit and decreasing affordability impacted demand.
The head of a national business group is blasting the Consumer Financial Protection Bureau for going for what it calls “regulation by enforcement settlement” and the publication of guidance statements rather than writing clear
Prices up, interest rates up… To purchase an average home in Los Angeles County, a buyer needs $96,000 in income to qualify for a standard 20% down purchase compared to $68,000 a year ago!!!
People restrained from getting mortgages in the past week. Applications to buy a home dropped 5 percent from the previous week, even after accounting for normal seasonal patterns. From the start of the year,
In this video, Ron Henderson President/Broker of Multi Real Estate Services Los Angeles, CA debunks old myths, and gives a contemporary approach to pricing real estate to realize the highest monetary return in the