Here's is a report card as an overview of the residential real estate market for Los Angeles County. In a nut shell, employment is up, affordability has been dropping, the housing inventory is historically and dangerously low. It's supply and demand. Appreciation will continue. The compounding ... » Learn More about Los Angeles County Residential Real Estate Report Card December 2017
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Tax Reform and How it Affects Real Estate and Mortgages
https://youtu.be/hlafRXhP8kY Ron Henderson President/Broker of Multi Real Estate Services and Gov’t Affairs Chair for the California Association of Mortgage Professionals gives an overview of the proposed tax reform HR1 and how it affects real estate and mortgages. If you are in the Los Angeles ... » Learn More about Tax Reform and How it Affects Real Estate and Mortgages
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
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
How to Determine if it’s Advantageous to Get a 15 Year vs 30 Year Mortgage (video)
Ron Henderson President/Broker of Multi Real Estate Services and Gov't Affairs Chair for California Association of Mortgage Professionals gives an overview on when is it "Advantageous to Get a 15 Year Mortgage instead of the standard 30 Year Mortgage? " Here we cover several areas to consider, above ... » Learn More about How to Determine if it’s Advantageous to Get a 15 Year vs 30 Year Mortgage (video)