Los Angeles Home Prices Almost Double Since 2012 – No Inventory

The Los Angeles Real Estate Market is ranked at the 10th hottest market in the US (by Realtor.com)     Some of the others on the list are cities the size of Long Beach.  Yuba, CA has a population under 100,000 for the entire county. Here’s the list. You be the judge.   San Francisco, CA…

Mortgage Interest Rates Have Only a Minimal Impact on Home Values

If You Are Ready To Buy Now, You Can Still Capture Crazy-Low Mortgage Interest Rates.   Unless we are ready to throw the supply-demand price curve out the window completely, we have to assume that the more costly mortgage payments that a new homeowner will make on a 5% or 6% mortgage compared to a…

You Can Save $2500 per Year on a $500,000 Mortgage Compared to Just Four Weeks Ago

Flight to safety in financial markets can be your huge opportunity   Nobody predicted this. The pundits are all scratching their heads. The markets, all of the markets are in complete turmoil and confusion. If you are thinking about buying a house, investment property, or refinancing your current mortgage, now is the time to act.…

How High Can Home Prices and Rents Go in Silicon Beach?

The prices on purchase and rentals in the entire area have been skyrocketing. Now the big question everyone is asking is, “What can folks really afford?” Affordability is the most critical component that will put a cap on rising rents and home prices.   One approach to finding the answer would be to use zero-based…