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 again this year as more real estate investors crowded out the lower-priced residential properties.
Fed Decision Wednesday to Not Increase Fed Funds Rate, Nothing Compared to Planned Quantitative Tightening to Affect MortgagesThe Fed’s decision to not increase the Fed Funds Rate from the 1-1.25% range was
If you are in the Los Angeles area, have any questions or real estate sales
Ron Henderson President/Broker of Multi Real Estate Services and Gov’t Affairs Chair for California Association
Last week I attended the 2017 Entrepreneur Economic Forecast Conference covering the 2018 Los Angeles