Is it a buyer’s or Seller’s market for housing? It depends, but it’s more balanced than it has been for a while. A real estate market is always based on locality, supply, and demand. On a national level there are areas in the South where there’s plenty of land available, and less regulatory ... » Learn More about Is it a buyer’s or Seller’s market for housing? San Fernando Valley Real Estate Market Update July 2024
Financial Literacy Education In California Schools – Finally!
Anybody that knows me has heard my rants about the lack of financial literacy education in the California schools. I blogged last year how California received an “F” in a 2023 national “report card” from the Center for Financial Literacy at Champlain College in Vermont. Back in 2016, I worked ... » Learn More about Financial Literacy Education In California Schools – Finally!
Exploring the Possibility of No-Doc Mortgages
As a mortgage broker for close to 4 decades, I’ve seen loan programs (and lenders) come and go. Some of the population fit into the traditional “Box” as a W-2 employee where income to qualify for a loan is obvious and easily documented. Many potential borrowers fall into the business owner, ... » Learn More about Exploring the Possibility of No-Doc Mortgages
San Fernando Valley Housing and Mortgage Rate Update May 2024
In a nutshell the housing market and mortgage rates are basically in a status quo position. Housing active inventory is up but still tight from potential sellers being locked in with historically low interest rates. Overall sales are active. Well priced listings in the lower price range sell ... » Learn More about San Fernando Valley Housing and Mortgage Rate Update May 2024
Can We Save Social Security? Bipartisan Proposals You Should Know
I've blogged plenty on how the Federal budget deficits will keep interest rates higher, but we're also hitting a wall with the aging population and a Social Security deficit. The longer the powers that be in Washington delay making changes, the more radical the adjustments will have to ... » Learn More about Can We Save Social Security? Bipartisan Proposals You Should Know