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Buyers Santa Monica ranked #2 amongst cities for sustainability startup funding Santa Monica Daily Press, by Scott Snowden        February 9, 2023 According to a new analysis, Santa Monica ranks #2 amongst US cities for sustainability startup funding, with an average of $ 154.3 million raised. Salt Lake City took the number one spot with $ 204.6 million. The research was conducted by Promoleaf, […]
Buyers Waiting for 3% Mortgage Rates? It was last year, the Federal Reserve took action to try to bring down inflation. Mortgage rates rose rapidly from record lows in 2021, peaking above 7% in October. Bullish buyers were hit in their purchasing power, and some decided to press pause on their plans. Currently, inflation is starting to drop, and mortgage rates […]
Buyers Tips and trends for homeowners, buyers and sellers Making Your Home Pet-Friendly Have you been thinking about adding a new furry, feathered, or scaled friend to your household? Well before you make your way to the pet store, consider how you’ll be able to make sure your home is as comfortable and safe as possible for your new companion. Choose a space that […]
Buyers Decorating with color is Back Yes, decorating with colors is back. And we are happy. Gray and white are gone, and the land of dull is becoming more cheerful. Currently, a lot of the warm earth tones are in. Think cozier and comfortable earth tones like rust, yellows, cream, stone, and olives playing strongly into an overall feeling of comfort. […]
Buyers MORTGAGE RATES FALL FOR THE SECOND WEEK IN A ROW SOURCE: CNN —  by Third Party | Nov 26, 2022 | Mortgage Information, U.S. Housing Market Mortgage rates dropped again this week, after plunging nearly half a percentage point last week. The 30-year fixed-rate mortgage averaged 6.58% in the week ending November 23, down from 6.61% the week before, according to Freddie Mac. A year ago, the 30-year fixed rate was 3.10%. […]
Buyers Mortgage demand rose on the back of slower inflation growth Purchase mortgage applications increased for all loan types as the 30-year fixed-rate mortgage rate dropped to below 7%: MBA November 16, 2022, 7:00 am By Connie Kim Mortgage demand rose as rates dropped following the October slowdown in inflation growth numbers. However, while purchase mortgage applications increased across all loan types, refinance activity remained depressed.
Buyers FED SEEN AGGRESSIVELY HIKING TO 5%, TRIGGERING GLOBAL RECESSION by Third Party | Oct 29, 2022 | News/Current Events, Real Estate News, U.S. Housing Market SOURCE: BLOOMBERG —  Federal Reserve officials will maintain their resolutely hawkish stance next week, laying the groundwork for interest rates reaching 5% by March 2023, moves that seem likely to lead to a US and global recession, economists surveyed by Bloomberg said. The Federal Open Market Committee […]
Buyers Latest US inflation data raises questions about Fed’s interest rate hikes Weekly/Real by Third Party | Oct 17, 2022 A fresh round of US inflation data released last week showed persistently high prices, raising more questions about whether the Federal Reserve’s interest rate hikes are missing what many economists contend are the real inflationary culprits: corporate pricing, energy costs, and supply chain disruptions. The news is further stirring fears […]
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Buyers National Association of Realtors Endorses Bill to Increase Home Gain Exclusion Washington Report    By: Evan Liddiard Before the House of Representatives left Washington on October 1 for the pre-election campaign season, a bipartisan bill of key importance to millions of homeowners was introduced by Representatives Jimmy Panetta (D-CA) and Mike Kelly (R-PA). Titled the “More Homes on the Market Act” (H.R. 9015(link is external)), the legislation […]
Buyers What to know about reverse mortgage natural disaster relief With major disasters in the news, here’s a primer on available options for borrowers impacted by recent natural disasters in places like Florida and Puerto Rico October 10, 2022, 3:42 pm By Chris Clow Recently, territories across the southeastern United States have been impacted by a series of highly disruptive and damaging natural disasters. Hurricane Fiona in […]
Buyers Why a good jobs report is bad news for the Fed What will the Fed do to get the unemployment rate to rise to 4.4%? On Friday the Bureau of Labor Statistics reported 263,000 new jobs were added in September. While that growth seems like good news in this economy, it runs directly counter to what the Federal Reserve wants to see. And the even worse news for the Fed was that […]
Buyers GET IN ON THE REAL ESTATE MARKET NOW If you are a high-net-worth individual or are a high-income earner, you should consider real estate for these four reasons: tax benefits, passive income, long-term asset appreciation, and leverage. Real estate is currently at the forefront of everybody’s radar since the last crash in 2008-2010. But has anyone ever explained why it is such a […]
Buyers Buying a home is a goal for many Americans. How this bank is helping members of low- and moderate-income communities achieve that Even as home prices soar, the American Dream of owning a home is still alive and well. Yet that can be a high hurdle for first-time home buyers to reach. New data from the National Association of Realtors show sales of previously owned homes rose by 7% in September as mortgage interest rates declined. However, […]

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