Monthly Archives: November 2015

A good real estate agent will…

5 Reasons to Be Thankful for a Great Real Estate Agent By Brendon DeSimone November 24, 2015 Not all real estate agents are created equal. Like all industries, there are plenty of terrific pros, but once in a while a … Continue reading

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October: Home Values Grow, Rental Market Slows

October Market Reports: Home Value Growth Accelerates, While Rent Growth Slows By Svenja Gudell November 19, 2015 Rents appreciated 4.5 percent year-over-year, down from 5.3 percent in September 2015. Rents in large multifamily buildings rose 3.9 percent annually, rents of … Continue reading

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October Home prices flat for Southern California

Southern California home prices flat in October By Andrew Khouri November 18, 2015 Southern California home prices held steady in October as the market muddled through a typically slow season. The median price in the six-county Southland region was $435,000 … Continue reading

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FHA eases financing for condos

FHA eases rules on financing for condos, but maybe not enough By Kenneth R. Harney November 18, 2015 If you’re a first-time buyer with a moderate income and not much cash for a down payment on a condo, the availability … Continue reading

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Real Estate Bubble purchasers show miniscule equity

Home sellers in the United States overall have about $40,000 in equity in their property, a median 23% gain from their time of purchase. But one slice of those sellers is faring much worse than everyone else, according to new … Continue reading

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Third Quarter home prices sustain growth

Home Prices Sustain Steady Growth in Most Metro Areas in Third Quarter WASHINGTON (November 12, 2015) – The encouraging lift-off in existing-home sales amidst ongoing inventory shortages kept home prices rising in most of the country during the third quarter, … Continue reading

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Fannie Mae offers flexibility to creditworthy buyers

Creditworthy buyers get extra flexibility from Fannie Mae By Kenneth R. Harney November 11, 2015 For thousands of people across the country who thought they would never qualify for a mortgage, next month could be a key turning point. On … Continue reading

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HOAs & Water-Efficiency Measures

HOA CAN’T PROHIBIT WATER-EFFICIENCY MEASURES By Bob Hunt Monday, 09 November 2015 In California, a Homeowner Association (HOA) cannot prohibit individual owners from replacing their existing landscaping with low-water-using plants. That limitation on an association’s rules or actions is a … Continue reading

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Share of First Time Buyers declines 3rd consecutive year

First-time Buyers Fall Again in NAR Annual Buyer and Seller Survey WASHINGTON (November 5, 2015) – The share of first-time buyers declined for the third consecutive year and remained at its lowest point in nearly three decades as the overall … Continue reading

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Appraisals can kill a deal

Appraiser’s subjective view can kill a deal despite accord by buyer and seller By Kenneth R. Harney November 4, 2015 Whether you’re buying a home, selling one or looking to refinance, you probably know the crucial importance of appraisals: They … Continue reading

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