HAS THE REAL ESTATE MARKET PEAKED? Home prices have have been on an upward trend since 2012 and exploded the last 3 years. Ten years is a long time for an up cycle. Previous factors that brought an end: 1) High mortgage rates 2) Layoffs and job uncertainty 3) Speculation and stated income loans. We […]
Hello Friends. Spring flowers are here but with the drought continuing water cuts are looming. The Dodgers’ Clayton Kershaw just became their all time strikeout leader. The Angels are in first place and looking good. Who will be the NBA champ this year? The hottest new sport in the USA is pickleball with over 5 […]
What Do High Mortgage Rates Mean ? 1) The refinancing for a lower interest rate boom is over for most. Current rates are over 5%.2) The cost of buying a home just went up. Many buyers who were qualified for a $1.5 million home at 3.25% now qualify for maybe $1.3 million.3) Offering over the […]
Hello Friends. Spring is here, ready or not. Let’s hope for April showers and May flowers. The Lakers woes continue and the season is lost. Next year hopefully both the Lakers and Clippers will have all their stars healthy. The Dodgers signed star first baseman Freddy Freeman to a $162 million contract to make another […]
IS SPRING 2022 A GOOD TIME TO SELL YOUR HOME? Spring is normally the best time of year to sell a home. The days seem longer, the flowers are in bloom and many people like to be in their new home by summer. Things that are different this year – the war in Ukraine (pray […]
