The California real estate market stayed stable through October. The quantity of sales, and the median home prices dropped slightly, but that's not untypical for this time of year. The mortgage rates went up slightly over the past few weeks, and may effect the affordability index next month. If you ... » Learn More about California Real Estate Market at a Glance
California Real Estate market
Real Estate and Finance Tidbits 112015
A few recent items of interest, that probably won't hit the general media, or may not hit for a while... Bill Passes House to Expand Mortgage Availability By a vote of 255-174, the House approved the “Portfolio Lending and Mortgage Access Act,” which would broaden the definition of qualified ... » Learn More about Real Estate and Finance Tidbits 112015
Think Twice About Using a HERO Energy – Water Conservation Financing Program
HERO (Home Energy Renovation Opportunity) is a PACE (Property Assessed Clean Energy) program that allows homeowners to finance energy-efficient and water-saving home upgrades, with payments made through their property tax bill. The government is aggressively marketing this program to homeowners, and ... » Learn More about Think Twice About Using a HERO Energy – Water Conservation Financing Program
History of California Detached Home Prices 2005-2015
Now up 74.0% from trough in Feb-09 High: May 2007: $594,530 Valley: $177,270 in 1996 2000 annual median price up 11.0% over 1999 2001 annual median price up 8.7% from 2000 2002 annual median price up 20.5% from 2001 2003 annual median price up 17.5% from 2002 2004 annual median price up 21.3% from ... » Learn More about History of California Detached Home Prices 2005-2015
Los Angeles Housing Affordability Issue is a Government, Supply and Demand Problem
There was a article written in the Los Angeles Times recently "Affordable Housing Problem Lies, in Part, with Government", hits the nail on the head, and reiterates the same information I've been conveying for many years... The housing shortage, and accelerating cost is all about supply and demand, ... » Learn More about Los Angeles Housing Affordability Issue is a Government, Supply and Demand Problem