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housing affordability

Mortgage Rates Still Over 7%, the Fed, and Housing Affordability

30 yr mortgage chart 010623-090623

The Standard 30 Year Fixed Rate Mortgage still hovers above 7%. With the Federal Reserve's ongoing debates about whether to maintain the 5.25% Fed Funds Rate or raise it another 0.25% at their upcoming meeting, prospective homebuyers and current homeowners are faced with some tough decisions. ... » Learn More about Mortgage Rates Still Over 7%, the Fed, and Housing Affordability

Filed Under: Market Updates, Mortgage Rates Tagged With: California Real Estate market, housing affordability, Los Angeles Real Estate market, mortgage rates

Questions For Homeowner’s Associations, and Information You Need To Know Before Buying

HOA image

Understanding elements when buying, or owning a property under the jurisdiction of a Homeowner's Association (HOA) is critical. This is way more than "How much are the HOA dues?" It can affect quality of lifestyle, or the economic viability of the unit. I always tell buyers when you own a ... » Learn More about Questions For Homeowner’s Associations, and Information You Need To Know Before Buying

Filed Under: Market Updates, Regulations and Laws Tagged With: California Real Estate market, economics, HOA, Homeowners associations, housing affordability, Mortgage Regulations, San Fernando Valley Real Estate Market

Key Interest Rates, Mortgages, and the Federal Reserve’s Ongoing Actions

Key Rates 072523

As the economy continues to recover from the impact of the pandemic, the Federal Reserve is taking measures to address inflation and manage economic momentum. With expectations of another 0.25% increase in the Fed Funds Rate, we are witnessing a gradual shift away from the 0% rate of April 2022. In ... » Learn More about Key Interest Rates, Mortgages, and the Federal Reserve’s Ongoing Actions

Filed Under: Mortgage Rates Tagged With: economics, housing affordability, Key Interest Rates

Insurance In California, The Mess Explained

Insurance cancellation image

I usually only blog original content but I'm snagging some information conveyed by my friend Laine Caspi - Insurance Agent/Agency Owner at Paratus Insurance Services that's relevant to the insurance issues in California.   There's banter about the insurance companies being greedy, but what we do ... » Learn More about Insurance In California, The Mess Explained

Filed Under: Regulations and Laws Tagged With: housing affordability, real estate and insurance issue California

From Enforcement to Equality: Reassessing Crime-Free Housing Policies in Light of Racial Disparity

Crime-Free Housing pic

Because of crime levels rising through the years, some cities, including Los Angeles, enacted “Crime-Free Housing” Policies requiring landlords to evict tenants accused of breaking the law. In many ways, the policy turned the Housing Providers into a quasi police force, where they couldn’t turn a ... » Learn More about From Enforcement to Equality: Reassessing Crime-Free Housing Policies in Light of Racial Disparity

Filed Under: Regulations and Laws Tagged With: Crime-Free Housing vs Racial Disarity, housing affordability

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