All posts by Jon Millman

How does fall 2024 look for home sales?

HOW DOES FALL LOOK FOR HOME SALES? 1) Mortgage rates have slipped about 0.5% to the low 6% range, which is good. If rates slipped into the 5.5 to 5.75 % range and stayed there that would be excellent. That would make headlines, and besides allowing buyers to qualify for more, psychologically it makes buyers […]

Community News Sept 2024

Hello Friends. Fall is almost here. Are you ready? The Rams and Chargers have big plans. USC and UCLA are now in the Big Ten and have a tough schedule. The Clippers impressive $2 billion Intuit Dome in Inglewood is now open. Will the Dodgers make the World Series? High school girls now have flag […]

Why It is Hard for Buyers to Purchase a Home Today?

Why It is Hard for Buyers to Purchase a Home Today? Example of a $1,200,000 home purchase: Currently:       4 Years Ago Sales Price         $1,200,000    $1,200,000 Downpayment $240,000        $240,000 Interest Rate     6.75%               2.75% Payment            $6,198  […]

Community News July 2024

Hello Friends. Summer is here. Vacations are on and school is out. The week of June 29th to July 7th was the busiest travel period ever with nearly 71 million people traveling. Were you one of them? Great day trip for the summer is going to Balboa Island. Park by the pier and ride the […]