Government is protecting first time, lower and middle income borrowers out of homeownership. In other words the unintended consequence of governmental regulations is eliminating the traditional domestic real estate consumer. That’s the opinion of Rob Couch, one of the commissioners for the ... » Learn More about Government is Protecting First Time, Lower and Middle Income Borrowers Out of Homeownership
housing affordability
Ron Henderson & Steve Peterson to Give Presentation on Homeowner Associations August 22
Ron Henderson of Multi Real Estate Services, and Steve Peterson of Security 1 Lending will be giving a presentation on the Good, Bad and Ugly of Homeowner Associations. Topics will include what buyers and owners need to know, how an association's financial position can effect financing and values, ... » Learn More about Ron Henderson & Steve Peterson to Give Presentation on Homeowner Associations August 22
San Fernando Valley (Los Angeles) Real Estate Market Update
The San Fernando Valley real estate market continues it's transformation from being an overheated market seller's market, to one of neutrality between buyers and sellers. The supply and demand has changed substantially over the past 10 months. The active inventory has increased substantially, and ... » Learn More about San Fernando Valley (Los Angeles) Real Estate Market Update
Homeownership Rate in the Second Quarter of 2014
The homeownership rate fell to 64.8 percent in the second quarter. It marks the lowest ownership rate in nearly 20 years. After peaking at 69 percent in 2004, the ownership rate has been steadily falling, at first from the aftermath effects of housing market bubble-crash to the ongoing tight ... » Learn More about Homeownership Rate in the Second Quarter of 2014
Banks Dish Out Million Dollar Mortgages, Tight On First Time Buyers
As banks are scaling back on making FHA and other types of first time buyer loans, they're issuing a record number of million dollar plus loans. “These high-net-worth borrowers do act differently than first-time buyers, who borrow because they have to,” says Erin Gorman, managing director at Bank ... » Learn More about Banks Dish Out Million Dollar Mortgages, Tight On First Time Buyers