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High Rents, Limited Inventory and Low Interest Rates Encourage People to Search for a Home

High Rents, Limited Inventory and Low Interest Rates Encourage People to Search for a Home High rent prices are driving people to buy their first home. A Redfin survey reports that one in four homebuyers confirm that they decided to purchase a home because rent is becoming unaffordable. This number is up from November’s report,…

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March 8, 2016

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Homes Near Whole Foods May Have Higher Home Values

Everyone wants to retain a high home value, and location plays a key role. Although not many people would imagine living next to a specialty grocery store makes a difference, Zillow uncovered homes near Whole Foods and Trader Joe's have the highest values. This phenomenon is linked to " The Starbucks Effect." During the time…

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February 9, 2016

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Are First-Time Homebuyers the New Privileged Class?

Buying a home used to be a given. After high school, you went to college and got a job. Maybe you got married. Then you smiled for the camera in front of the “sold” sign on the front lawn of your charming starter home. Today’s young people don’t necessarily have that expectation. People who are buying…

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February 2, 2016

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L.A. County’s hottest ZIP Codes

http://www.latimes.com/business/realestate/la-fi-la-county-top-neighborhoods-20160117-pictures-htmlstory.html

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January 21, 2016

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Important Questions to Help You Determine if You’re Ready to Purchase a Home

Purchasing your own home is a wonderful achievement, but it's important that you're well informed before you make this decision. Answer these questions first. 1. How's your credit record? If you're dealing with a troubled credit history, then this may not be the best time to consider purchasing a home. A poor credit score may…

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January 21, 2016

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10 Things You Absolutely Need To Know About Buying A Home

When you are ready to buy a home, there are a few items you must consider. It is a significant and expensive milestone in your life. Here are 10 things you must know before making a purchase. 1. Find a Reliable Realtor, you must have a real estate agent who will protect your interests. 2.…

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January 12, 2016

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Millennials turn to Home Ownership in 2016

It looks like millennials are finally jumping into the home ownership phase of their grownup lives. Reports from Realtor.com identified some hot spots where millennials accounted for a significant portion of new mortgages. Some of these cities are not the usual millennial haunts: Des Moines, Iowa; Provo, Utah and the cities of Baton Rouge Lafayette,…

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January 7, 2016

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Giving the Gift of Real Estate? Keep an Eye on Tax Rules

 Instead of wasting money on Christmas presents no one uses, you may consider giving the gift of real estate. Although it may seem overly generous, if you are in a solid financial position, gifting a home may be a smart option. However, it is essential to keep tax rules in mind. Purchasing a Home OutrightTo…

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December 18, 2015

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Pending Home Sales Post First Gain in Three Months

Despite a recent slump in pending home sales, October enjoyed a slight upward swing with the number of contracts signed. According to the National Association of Realtors, the Pending Home Sales Index rose to 107.7 for the month. This number is 3.9 percent higher than this time last year. The index is often used to…

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December 10, 2015

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Foreigners Buy Up Property in Surprising U.S. Markets

It's no secret that foreign investors target real estate in the U.S. Markets like New York City, Los Angeles and Chicago seem to be the most likely recipients of funds from foreign investors, but you may be surprised to learn that this unique set of investors also targets unlikely areas like Watertown, New York and…

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November 25, 2015