What prevents people from becoming homeowners? The obstacles aren’t as obvious as they may seem. For one in five home buyers, it’s saving up for the 20 percent down payment that proves more difficult than meeting monthly mortgage payments.
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Affordability has been a hot button issue for California real estate for many years now. So it may surprise you to learn that homes in California are actually slightly more affordable now than they were a year ago.
The Q3 2016 median price f...
Last week we took an early deep dive into the early estimated year-end numbers for California’s housing market. While the numbers are largely good, they’re a bit underwhelming, especially when compared to more recent post-recession boom yea...
For the 12th straight quarter, the rate of borrowers 60 days or more delinquent on their mortgages dropped. According to TransUnion’s latest mortgage report the mortgage delinquency rate at the end of Q4 2014 was down to 3.29%, a 14% decline ...
We’ve talked a lot about economic factors that may be holding back the housing recovery, primarily stagnant wages and pricing issues. But the mortgage difficulties that self-employed borrowers are experiencing could be a previously unrecogniz...
The approaching holiday season is typically the time of year when home buyers wind down their search and the market slows until late January. However, as a an active agent in the Los Angeles real estate market I have recently observed a sharp i...