Below is a release from the Southland Regional Association of Realtors in the San Fernando Valley properly illustrating the cost of delaying purchasing a residential property. The most recent iteration of a local guide illustrates perfectly why waiting to buy a home can be a bad idea: a ... » Learn More about Homebuyers Who Wait to Buy, Pay a Steep Cost
Fed Rate Increase of Another 1/4% and Federal Reserve Actions Moving Forward
As expected the Federal Reserve increased their Fed Funds Rate another 1/4% at today's FOMC meeting to 2.0%. Here are some take aways from the Fed Chairman Jerome Powell's news conference, and the markets reaction. Basically no change in Fed policy. Steady rate increases. Slow liquidation of the ... » Learn More about Fed Rate Increase of Another 1/4% and Federal Reserve Actions Moving Forward
North Hollywood Fixer – Tremendous potential!
Bring your hammer and paint brush to add value to this 3 bedroom 2 bath pool home situated in one of North Hollywood's most sought after neighborhoods. Remodeled homes in the neighborhood are selling for much more. The large corner lot features low maintenance landscape. There’s value in the areas ... » Learn More about North Hollywood Fixer – Tremendous potential!
Mortgage Rates are Up, Hopefully Stabilize for a Little While
As expected the mortgage interest rates have been going up for several months. As they say, don't fight the Fed. In reality, the Federal Reserve has been hitting the interest rates on two levels. Moving the Fed Funds Rate a 1/4% every few months, increasing the short term rates... and slowly ... » Learn More about Mortgage Rates are Up, Hopefully Stabilize for a Little While
