I met with Congressman Tony Cardenas with other dedicated associates in the Gov’t Affairs Committee for the Southland Regional Associates of Realtors. We discussed the potential tax reform, and other elements that can have negative implications for real estate and homeownership… Subsequent to our ... » Learn More about Meeting With Congressman Tony Cardenas on Tax Reform and Real Estate
Regulations and Laws
History Shows California Taxes for Affordable Housing Won’t Be Spent Properly
Governor Brown recently signed off on numerous bills that will theoretically do four things to help the California housing affordability crisis. Cut some developers red tape, put teeth in the California "Housing Element Law" requiring local municipalities to get out of the way of housing development ... » Learn More about History Shows California Taxes for Affordable Housing Won’t Be Spent Properly
The California Bureau of Real Estate Changing Back to the Department of Real Estate – SB 173 Passed
Ron Henderson Government Affairs Co-Chair California Association of Mortgage Professionals discusses the Passing of Senate Bill 173 and the re-conversion of the California Bureau of Real Estate to the California Department of Real Estate ... » Learn More about The California Bureau of Real Estate Changing Back to the Department of Real Estate – SB 173 Passed
Fed Decision Wednesday to Not Increase Fed Funds Rate, Nothing Compared to Planned Quantitative Tightening to Affect Mortgages
The Fed’s decision to not increase the Fed Funds Rate from the 1-1.25% range was no surprise. It did shock the financial markets that they aren’t going to kick the can down the road, and will start to do their Quantitative Tightening this October. Here are the facts to wrap your head ... » Learn More about Fed Decision Wednesday to Not Increase Fed Funds Rate, Nothing Compared to Planned Quantitative Tightening to Affect Mortgages
California Housing Update / The Housing Crisis – California Economic Forecast
Last week I attended the 2017 Entrepreneur Economic Forecast Conference covering the 2018 Los Angeles / Ventura County's Economic Outlook. The following analysis from the consulting firm emphases the housing supply and demand malfunction, and the local governments obstructions in fulfilling the ... » Learn More about California Housing Update / The Housing Crisis – California Economic Forecast