Scams Get Glam: More Scams to Watch Out for as Buyers, Sellers and Agents
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A few weeks ago, I wrote a blog series about the latest sophisticated real estate scams (see the posts here and here), and we’re back with another edition and two more fraudulent scenarios you need to know. Please share this post with friends, colleagues in the real… Read More
Welcoming Home Buyers to the ‘ber Months
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With temperatures hitting 100 degrees here in L.A. and 102 degrees in Los Olivos, it may not seem like we’re heading for fall but we are! And before you know it, we’ll be placing pumpkins outside doorsteps, then stringing holiday lights and toasting to the New Year. Wait… Read More
Mortgages & Home Buying: An Analysis by the Numbers
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A new survey by mortgage lender Neighbors Bank was recently released and the numbers are incredibly revealing about the current state of home-buying as mortgage rates continue to remain at elevated levels. Here are some of the most compelling findings: Buyers are overestimating how high rates are. Read More
DEALS AND DELAYS PART TWO: MORE FACTORS THAT CAN STALL A SALE
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If you read my Deals & Delays Part One, you’ll know there are a lot of circumstances that can hold up a home sale. OK that’s the bad news. The good news? An experienced real estate agent can help you navigate these potential pitfalls and keep the process… Read More
How Will Prop 37 Help Future Home Buyers?
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Proposition 37 is on the ballot this November, and if passed, it could help California home buyers purchase a property. So, what does Prop 37 actually propose? Under Proposition 37, California Housing Finance Agency (CalHFA) would be able to sell up to $25 billion in revenue bonds, according… Read More
Deals & Delays in Home Selling Pt. 1: What to Do and How to Avoid Them
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“You’ve got a deal!” Then, everything works perfectly, every detail goes smoothly, no hitches, no challenges and like magic, the home sale is complete. Not. In reality, deals wax and wane even after an offer is accepted, often getting caught up in the time period between… Read More
Interest Rates & the Economy: What’s Happening Now?
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With the news that mortgage rates hit three-week lows on Wednesday (thanks, Mortgage Daily News for the insights), it’s a good time to talk about the economy, which directly impacts the movement of rates and the predicted trajectory. At 3.4%, U.S. inflation has been easing in July, lower than… Read More
How to Keep Your Electricity Bills from Skyrocketing During a Heat Wave
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It’s been in the mid-to upper-90s all month here in Los Angeles County, though it’s finally cooling to the low 80s this week. We definitely experienced a heat wave for most of July and early August, which impacted open house attendance. I was in Encino over the weekend where… Read More
Summer Real Estate: Looking Back at the Market
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Now that it’s August, let’s take a look at what happened in the Los Angeles County June real estate market to see what insights we might glean for late-summer buyers and sellers. Thank you to Steven Thomas of Reports on Housing for always providing such timely and relevant information!… Read More
Emotion vs. Fair-market Value: The Psychology of Pricing a Home
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Recently, I listened to a podcast by the wonderful Steven Thomas of Reports on Housing that discussed the importance of and factors behind pricing in today’s market. No longer are we in the same kind of residential real estate marketplace we experienced from 2020 through the first half of… Read More