Bloomberg- Jun 4, 2013 Almost half of U.S. real estate investors expect to buy fewer rental houses in the next 12 months as rising prices make it harder to profit, according to a survey by polling firm ORC International. About 48 percent of investors surveyed plan to reduce home purchases over the ... » Learn More about Home Investors to Buy Fewer Rentals as Prices Increase
FHA to change Annual MIP Cancellation Policy on June 3
Consistent with FHA’s ongoing efforts to strengthen the Mutual Mortgage Insurance Fund, FHA is: revising the period for assessing the annual MIP. FHA is removing the exemption from the annual MIP for loans with terms of 15 years or less and Loan to Value (LTV) ratios of less than or equal to 78 ... » Learn More about FHA to change Annual MIP Cancellation Policy on June 3
Interest Up Again Today! 1/2% in Less Than A Month!
The 10 year note (most closely correlates with the mortgage backed security) is up again today by a substantial amount. It closed at 2.13%, a 1/2% higher than just a few weeks ago. Rates move up faster than they come down. Three mortgage rate increases today... ouch :-( Ron Henderson GRI, RECS, ... » Learn More about Interest Up Again Today! 1/2% in Less Than A Month!
April Existing-Home Sales Up but Constrained
An article on the status of the national real estate market. The Los Angeles region has a more constrained inventory than the nation as a whole. Daily Real Estate News | Thursday, May 23, 2013 Existing-home sales rose in April but remain below underlying demand because of limited inventory and ... » Learn More about April Existing-Home Sales Up but Constrained
Real Estate Market Update Los Angeles May 17 2013
http://www.youtube.com/watch?v=bu5uzP12N3I&feature=youtu.be The market is changing !! Ron Henderson President/Broker of Multi Real Estate Services and a Gov't Affairs Chair for CAMP gives an overview of the present real estate market, inventory issues, and statistics for the San Fernando Valley ... » Learn More about Real Estate Market Update Los Angeles May 17 2013