First Time Home Buyers

Housing Trends in Jan 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[…]

Fico Credit Score Ranges

Understanding Credit Scores

Your credit score is a three-digit number that relates to how likely you will repay the debt on time. Lenders, including mortgage lenders, use your score to approve, or not, a loan and establish a specific interest rate for that loan. There are credit bureaus and there are credit scoring models. Le’ts talk about scoring Read more about Understanding Credit Scores[…]

CBS This Morning Eye on Money

Tips on Refinancing your Mortgage Loan

Jill Schlesinger talks in CBS Eye on Money and explains about the benefits of Loan Refinancing. Two facts to consider these days:• Currently, the Average Interest Rate is 3.65% for a 30-Year Fixed Mortgage Loan.• Near 63% of loan refinance applicants are homeowners. The purpose of a refinance is to take advantage of a lower Read more about Tips on Refinancing your Mortgage Loan[…]

Real Estate Investing shows a Gender Gap

Real Estate Investing shows a Gender Gap

Recent research published by Paul Goldsmith-Pinkham and Kelly Shue from Yale University discovered a Gender Gap between Men and Women buying and selling houses. Researchers used detailed data from CoreLogic covering over 50 million housing transactions and matched property listings across the US from 1991 to 2017. The gender gap in housing returns exists in Read more about Real Estate Investing shows a Gender Gap[…]

California Home Median Prices

California Home Median Price for Dec 2019

The California Association of Realtors CAR showed the Home Median Price by County for December 2019. The results show interesting facts: The three counties with higher median prices are San Mateo ($1.475 Million), San Francisco ($1.45 Million), and Marin ($1.3 Million). The three counties with lower median prices are Lassen ($247,500), Tehama ($237,500), and Siskiyou Read more about California Home Median Price for Dec 2019[…]

Meritage Cameron 56

Cameron 56 New Built Homes in West Covina

A new Meritage Home Community, named Cameron 56, is coming to West Covina, California very close to Plaza West Covina Stores, West Covina Civic Center, West Covina Medical Center, and the 10 Freeway access. The new housing community brings 56 residences to the city. The new community has 5 plans. There are 2 and 3 Read more about Cameron 56 New Built Homes in West Covina[…]