You Should Be Interested in Interest Rates
An interest rate is the cost of borrowing money. It keeps the economy moving by encouraging people to borrow, to lend, and to spend. But prevailing interest rates are always changing, and different types of loans offer different interest rates. The reason most home buyers pay interest is because you need to pay a price for gaining the ability to […]
Adapting Real Estate Strategies to Shifting Buyer Demand Across California
California’s real estate market has always been dynamic, but in recent years, buyer demand has shifted more rapidly and unpredictably than ever before. Economic fluctuations, rising interest rates, remote work, climate concerns, and changing lifestyle priorities are reshaping how, where, and why people buy homes across the state. From coastal metros to inland suburbs and […]
Home for the Holidays
Should you list your home for sale during the holiday season? Conventional belief has generally been that it isn’t the best time to sell, but there are benefits to being on the market in December. Traditional reasons for not listing in December are that buyers are more focused on the holidays than a home search, […]
Building Wealth Via Real Estate Investments
Investing in real estate is touted as a great way to become wealthy. Is Los Angeles rental property good for investment? Buying an investment property is different from buying an owner-occupied home. Investment properties are designed to make money as rentals, which means you must look at it solely as an income producing entity just […]
Timing the California Real Estate Market: Data-Driven Strategies for Buyers and Sellers
Timing the California real estate market has long been considered both an art and a science. With fluctuating home prices, changing interest rates, regional market variations, and economic uncertainty, buyers and sellers often ask the same question: Is now the right time? The truth is, no one can perfectly time the market. However, by using […]
How Much Would You Pay to Live in Someone’s Backyard?
Accessory dwelling units, also referred to as ADUs and “granny flats,” have been available in California only as rentals. But a new law, Assembly Bill 1003, is giving Californians the opportunity to buy and sell them as separate properties. ADUs come in all shapes and sizes, most as converted garages or a small home in […]
Is a 20% Down Payment Really Necessary?
One of the questions I receive most often from my first-time home buyer clients is “can I put down less than 20%?” The answer is an emphatic Yes! Trying to produce a traditional 20% down payment can be a significant challenge in LA, given the area’s high housing costs. Fortunately, most lenders do not require […]
Assume You Can Buy
Home loan borrowing costs climbed again this week, pushing the average long-term U.S. mortgage rate to its highest level in nearly 23 years, another blow to prospective homebuyers facing an increasingly unaffordable housing market. How is a buyer to get any relief from a sky-high monthly payment? An assumable mortgage might be one option. An […]
Making a Clean Start: Getting Your New Home Move-In Ready
The house that so impressed you during the viewing process was skillfully staged to look inviting and appeal to you as a space that could easily become your new home with the addition of your own furniture and belongings. It’s an important tactic for people who place their property on the market and are challenged […]
Your Angel Investor? The City of Angels
You’ve saved and saved, and you want to buy a home. With interest rates above 7% and prices remaining high due to strong demand and low inventory, you may wonder if your down payment is enough, and if homeownership is even a possibility. Good news! There is a new program that is offered through the […]