One of the most serious economic impacts of the pandemic is foreclosure, as thousands of families could end up homeless, and rental unit owners could lose their investment. Homeowners can avoid foreclosure due to Covid with the following program. The Foreclosure Prevention & Mortgage Relief Program is a $5.5 million initiative developed by the Los Read more about Avoid Foreclosure due to Covid[…]
Second-Hand homes are a good alternative to buy when you can’t afford a recently built home. Regularly, Second-Hand home prices are more affordable and the reason is the house might not have a complete upgrade of the main components. For example, the house might not have a new roof in the last 30 years, or Read more about Second-Hand Homes – what to consider when you buy one[…]
CoreLogic projects that Southern California house prices will continue rising. Instead, local home prices are forecast to rise 3% in Los Angeles County, 5% in Orange County, and 6% in the Inland Empire, by April 2021. CoreLogic projects U.S. home prices will drop 1.3% year over year by April 2021 in 41 states in the Read more about SoCal Home Prices will continue rising[…]
Mortgage rates point today a new historic low today February 24, 2020. The stock market melts down due to fears the coronavirus is spreading, as new cases crop up in Italy and Iran. The virus has reached over 80,000 patients in the world today, the majority in China, but the concern is that nobody can’t Read more about Mortgage rates in a historic low[…]
Jeff Bezos, the Amazon leader, reached a deal with David Geffen for the purchase of the Warner Estate in Beverly Hills. The deal set a new price record for a property in California. The home is considered one of the premier mansions built during Hollywood’s golden era. The property Jack Warner, the founder brother of the Read more about Jeff Bezos sets a new record in Los Angeles real estate[…]
It is very well known that natural light improves your mood. Some scientists believe that serotonin, the happy hormone, increases when days are long and nights are short. Some psychiatrists recommend patients to get out in the sunlight for at least 30 minutes a day to prevent or treat depression. However, in today’s world, human Read more about Bring Light into your Home[…]
Studio City, California is a neighborhood in the city of Los Angeles, California, in the southeast San Fernando Valley, just west of the Cahuenga Pass, on the north slope of the Santa Monica Mountains. Originally known as Laurelwood, in 1927, Mack Sennett began building a new studio on 20 acres. The area around the studio Read more about Studio City Market Analysis[…]
Monterey Park, California is located in the western San Gabriel Valley region of Los Angeles, County. This city is 7 miles east from DownTown Los Angeles Civic Center. Monterey Park has a strategic location. The city is surrounded by three major freeways, the San Bernardino (Interstate 10), Long Beach (Interstate 710) and Pomona (State Route60), Read more about Monterey Park Housing Market Analysis[…]
As of February 3rd 2020, there are 241 homes for sale under $300,000 in Los Angeles County. The majority of these are located in the Antelope Valley with 155 homes representing 64% of the available homes. The second region is San Fernando Valley with 27 homes, 11% of the total homes. The following two regions Read more about Homes for less than $300K in LA County – Feb 3rd, 2020[…]
The National Association of Home Builders issued their recent Housing Trends Report. This report is based on a Poll to 19,800 people, collected online from Dec 17th, through Dec 24th, 2019. The Housing Trends Report (HTR) measures prospective home buyers’ perceptions about the availability and affordability of homes for sale in their markets. Here are Read more about Housing Trends in Jan 2020[…]