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January 2019 SoCal Home Sales Report

The Home Buyer Market is here..!

Several home sale reports are now on public hands showing a major slow in the sale of homes during November and December last year. It is clear that the market is changing after several years where the homeowners were drawing the prices and conditions of the sale. Some homeowners are feeling their homes are not Read more about The Home Buyer Market is here..![…]

Mortgage Rates fall to 3-week lows

Mortgage rates down in the last three weeks

Mortgage News Daily reported that mortgage rates came down today, Jan 30th, reflecting the decision of the FED to not change the interest rates. Fed officials said Wednesday that they voted unanimously not to raise the benchmark federal funds rate in January, after having hiked it by 25 basis points a month prior. Greg McBride, Read more about Mortgage rates down in the last three weeks[…]

2019 Mudslides in California

Disaster Relief for Homeowners

Several families are suffering the 4-days storm here in Los Angeles. After a disaster, homeowners and residents can find relief at different levels. This post will show you the best help after you have been the victim of a disaster including unemployment assistance, special home loans, and disaster tax relief. Individual Assistance FEMA, the Federal Read more about Disaster Relief for Homeowners[…]

HOLC Redlining Legend

Why hire an agent in a Real Estate Transaction?

There are several solid reasons to hire an agent to help you in a real estate transaction, however, the most important reason is to avoid any legal liability when you try to buy or sell real estate by yourself. Here, we are talking about discriminatory practices. I was reading today the Alexandra Ferguson article posted Read more about Why hire an agent in a Real Estate Transaction?[…]

Co-Living in Marina del Rey

Co-Living in Marina del Rey

California Landmark Group is including co-living units in its latest 68-multifamily-unit project: C1 in Marina del Rey’s arts district. The project will feature 51 market-rate units, with a mix of studio, one- and two-bedroom configurations, and 17 fully furnished co-living units, making it the largest co-living project in Los Angeles to date. Ken Kahan, president Read more about Co-Living in Marina del Rey[…]

People Moving in America

Find where people are moving in America

Since 1977, United Van Lines, a moving service company, has annually tracked migration patterns on a state-by-state basis. The 2018 study is based on household moves handled by United within the 48 contiguous states and Washington, D.C. and ranks states based on the inbound and outbound percentages of total moves in each state. United Van Read more about Find where people are moving in America[…]

ProTechDNA

How to recover faster your stolen valuables

Thanks to the ProtechDNA program, we can recover faster all our stolen valuables. The program consists of the following steps: 1. Registering into the National Database,2. This will create your unique PIN Personal Identification Number,3. They will send you DNA Kit, a special clear glue that contains thousands of tiny microscopic dots, made of nickel Read more about How to recover faster your stolen valuables[…]

US Government Shutdown

How the Federal Government Shutdown is affecting Real Estate

On December 21, 2018, Congress did not pass a spending bill that included the president’s requested $5 billion in funding for a border wall, and President Donald Trump refused to sign any bill that did not include that funding, resulting in a partial government shutdown. Here is a good summary of the direct and indirect Read more about How the Federal Government Shutdown is affecting Real Estate[…]

ShakeAlertLA App

ShakeAlertLA App will let you know when the earthquake is coming

Today, Major Eric Garcetti presented the ShakeAlertLA, a free app could save lives in the event of an earthquake. The App will notify residents when 5.0+ magnitude earthquakes are coming. So far, the app is useful for Los Angeles City residents only. Looks like neighbor cities like Alhambra, Monterey Park, Pasadena, Glendale, Burbank, Santa Monica, Read more about ShakeAlertLA App will let you know when the earthquake is coming[…]

Mortgage rates dropped unexpectedly hard

The 30-Year Mortgage rates dropped unexpectedly hard on January 3rd 2019 bringing an opportunity to home buyers to lock rates for their home loans. The drop reaffirms the last 2-month new falling tendency since the peaks reached during Oct-Nov 2018. There’s still risk associated with the new year and nobody can assure if the mortgage Read more about Mortgage rates dropped unexpectedly hard[…]