Soaring nominal house prices dominate recent headlines and for good reason. It is true that nominal house prices are the highest they have ever been, over 22 percent higher than the housing boom peak in 2006, according to the First American Dat...
This time mortgage requirements are stricter, down payments are higher, and a tight supply is supporting home prices
The real-estate market is the most active its been since 2006, just before the housing market corrected around the world contr...
It's fun to contemplate all the travel, rounds of golf and restaurant meals you have ahead of you. You've earned it! However, many retirees don't take into consideration the cumulative impact of federal and state income taxes on withdrawal...
The impact of the housing market on the 2008 financial crisis couldn’t have been more different than what we’ve seen during this year’s recession. While housing was a significant factor in slowing the economic recovery 12 years ago, in ...
30-year fixed-rate loans are expected to remain below 3% during early 2021, and average about 3.2% during the next three years.
Millennials will add substantial demand for housing over the next few years.
Home prices pro...
Ready to Sell this year? Here’s How to Refresh Your Home
The warm weather of spring usually ushers in a flurry of real estate activity. But this year, with different parts of the country on varying degrees of lockdown, some sellers may h...
Housing Market Update – from Cary Hairabedian at Remax Real Estate
As California entered its second month of reopening under phase 2, the recovery is proceeding at a cautious pace. While the rebound in the economy is uneven, the housing m...
Low rates could carry the housing market after coronavirus
In Fannie Mae’s most recent Housing Forecast, the mortgage giant has some pretty bold predictions about the future of mortgage rates.
It says the average interest rate for 2020...
Los Angeles County: 27% - Median home price: $617,310 – improved from 24% one year earlier
Orange County: 26% - Median home price: $828,000 – improved from 20% one year earlier
Riverside County: 41% - Median home price: $420,000 – i...
A recent rebound in the Southern California housing market took off with a vengeance in December, thanks to the double whammy of low mortgage rates and a drop in the number of homes for sale, new data from the California Association of Realtors...
