President Obama is now requesting an easing of regulations targeting mortgages. Everyone should want a stable mortgage system that allows qualified buyers to purchase real estate, but it’s becoming more obvious (even to politicians) the conflict between regulations, and governmental agencies (CFPB ... » Learn More about Obama Does a Reversal, Signals Support for Easing Mortgage Rules
Hedge Fund Blackstone Preparing to Unleash a Flood of Real-Estate Selling
This could be the start of the backing off of the large investment funds from their acquisition of Los Angeles real estate. Blackstone has been aggressively buying both residential and commercial real estate, but with the interest rates starting to go up, and appreciation already realized, they are ... » Learn More about Hedge Fund Blackstone Preparing to Unleash a Flood of Real-Estate Selling
16 Straight Months of Home Price Increases
Home prices increased in June on a monthly basis for the 16th consecutive month, according to the latest figures from CoreLogic. Including distressed sales,—short sales and real estate owned properties—the CoreLogic Home Price Index report jumped 1.9% from May to June. Although this is an ... » Learn More about 16 Straight Months of Home Price Increases
Real Estate Market Update San Fernando Valley, Los Angeles California July 24, 2013
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 region of Los Angeles California. Specialist in the Art of Real Estate Sales and ... » Learn More about Real Estate Market Update San Fernando Valley, Los Angeles California July 24, 2013
Housing Recovery Increasingly Prices Out First-Time Buyers
This article reiterates what I've been conveying for many months. Especially in the Los Angeles region, the first time, or traditional local buyers of real estate, have been left behind during this housing recovery because they have been shut out by investors with all cash transactions. Wall Street ... » Learn More about Housing Recovery Increasingly Prices Out First-Time Buyers