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Real Estate Blog LAReal Estate Blog LAwww.RealEstateBlogLA.com and Thomas Ray represent Buyers and Sellers in the Greater Los Angeles market including Santa Monica,Culver City,Pacific Palisades,Malibu,Beverly Hills and most the Los Angeles area. Please view our testimonials on our site a Articles
Forecast - April 21, 2008
2008-04-21 18:16:00 After last week's barrage of economic news, the calendar will quiet down this coming week. However, we will get a good look at the housing market via the Existing Home Sales Report on Wednesday, and the New Home Sales Report on Thursday - as well...(read more) More About: Events , Finances , April , Interest Rates , 2008
Buyers and Renters - The Cost of Waiting
2008-04-11 18:07:00 First up: The loss of tax deductions . In most cases, people who lack a mortgage pay more federal and state income taxes than those who qualify for a mortgage deduction. A Mortgage Calculator illustrates this point: Assume that a buyer is currently paying...(read more) More About: Cost , Buyers , Waiting
2008:The Best Year to Buy a Home in 35 Years!
2008-04-11 17:46:00 In April of 1973 , mortgage rates were about the same as they are today. Since that time, we have only had mortgage rates this low during 2001 and 2002, the height of the seller's markets where there was little inventory. In the last two major buyer's...(read more) More About: Finances , Interest Rates , Home , Years , Year
Bond Prices move higher...Rates move lower!
2008-04-08 07:43:00 Remember, when Bond prices move higher, home loan rates move lower ...Bonds have rebounded higher off of their key 50-day moving average support level, and are moving back toward the upper portion of their current trading range. This means if Bond prices...(read more) More About: Interest Rates , Move , Lower , Higher
Taking an Interest in your Credit Card Rate...
2008-04-08 07:36:00 Credit cards are one of the most pervasive forms of your financial picture. On a daily basis, they provide the flexibility and freedom to reserve a hotel room, travel without carrying cash, and purchase just about anything at anytime. As such, your credit...(read more) More About: Card , Credit , Interest Rates , Credit Card , Interest
Good News!..Feb. 2008 Homes Sales in a Stable Range..
2008-04-04 01:49:00 Sales of existing homes increased in February and remain within a fairly stable range, according to the National Association of Realtors®. Existing-home sales - including single-family, townhomes, condominiums and co-ops - rose 2.9 percent to a seasonally...(read more) More About: News , Industry , Finances , Sales , Good News
What is Title Insurance?-Buyer info
2008-04-03 03:57:00 What is Title Insurance ? The purchase of a home is probably the single largest investment you'll make in your lifetime. It is only prudent that you want to safeguard your rights and investment. Title insurance assures that your rights and interests...(read more) More About: Info , Buyer
What Happens in Escrow?
2008-04-03 03:54:00 An escrow is an arrangement in which a disinterested third party, called an escrow holder, holds legal documents and funds on behalf of a buyer and seller, and distributes them according to the buyer's and seller's instructions. People buying...(read more) More About: Industry , Escrow
Forecast for the Week-Financials
2008-04-03 03:26:00 The Bond market will gravitate towards news from the job market this week, with employment information due to arrive on Wednesday and Friday. Although Wednesday's ADP Employment Report has a history of being somewhat unreliable in predicting the "official"...(read more) More About: Finances , Week , Forecast
Last Week in Review-Financials
2008-04-03 03:22:00 "NO GREAT DISCOVERY WAS EVER MADE WITHOUT A BOLD GUESS." Isaac Newton But even the great mind of Isaac Newton might not have guessed that Bonds and home loan rates would continue on such a volatile course. But let's get bold, and discover...(read more) More About: Review , Week
This Weeks Economic Calendar
2008-04-03 03:15:00 Remember, as a general rule, weaker than expected economic data is good for rates, while positive data causes rates to rise. Economic Calendar for the Week of March 31 – April 04 Date ET Economic Report For Estimate Actual Prior Impact Mon. March...(read more) More About: Weeks
Tax Rebates Coming Soon... When will you get yours?
2008-04-03 03:08:00 Last month, President Bush signed the Economic Stimulus Package into law - setting aside $168 billion in tax rebates and incentives to help boost the US economy. As we head into spring, those tax rebates are getting ready to hit the mail. So when should...(read more) More About: Industry , Finances , Rebates
RENTERS BEWARE!
2008-04-03 02:56:00 If you are currently renting , the following might be helpful. Just for comparison: if you are currently Renting and paying $2k per month and could have bought a $400K home a year ago at last years interest rates with a mortgage of around $1800, that...(read more) More About: Beware
Apartment Buildings - Multi-Family Units - Good time to Buy - NOW!
2008-03-14 18:56:00 The National Multi Housing Council projects the number of "households that rent" will increase by four million over the next 10 years, with half of them renting apartments in properties with five or more units. Looking back at 2007, the group...(read more) More About: Family , Time , Buildings , Good
Multi Family Bldgs. - Investors Buying in Los Angeles CA
2008-03-13 18:07:00 *Updated March 11, 2008 Investors (Foreign and Domestic): There are some very real investment opportunities in the Los Angeles CA area involving Multi -Unit Residential properties. As a Buyer , if you are not ready to make a home purchase, you can still...(read more) More About: Family , Buying |
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