Palos Verdes Blog

March 27, 2020

First-time homebuyers prefer lower interest rates to bigger tax breaks

money market low interest rates mortgage

Forget a two-car garage and a white picket fence — first-time homebuyers want lower interest rates.

A recent Redfin survey of homeowners who purchased their first home within the prior 12 months found lower interest rates were highest on first-time homebuyers’ wish lists. Of the first-time homebuyers surveyed about what ...

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March 23, 2020

National Market Update Week of March 23, 2020

NATIONAL MARKET UPDATE


 

Entering the economy's coronavirus contraction, February Housing Starts showed strength, off 1.5% after January's large upward revision, but up 39.2% from a year ago, at a 1.599 million annual rate.

Single-family starts shot up 6.7% at the fastest pace since ...

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March 21, 2020

Happy Spring!


As Maslow once said, "Almost all creativity involves purposeful play." Wishing you a playful and creative spring.
We are always here to help you with any home financing needs.
Call or email anytime!

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Posted in Palos Verdes Blog
March 18, 2020

Recovery News in Coronavirus

-China has closed down its last coronavirus hospital. Not enough new cases to support them.

 

- Doctors in India have been successful in treating Coronavirus. Combination of drugs used: Lopinavir, Retonovir, Oseltamivir along with Chlorphenamine. They are going to suggest same medicine, globally.

 

- Researchers of the Erasmus Medical Center ...

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March 13, 2020

Finishing This Week Stronger Than Last

Let’s take these quotes as they will allow us to finish this week stronger and have a great weekend!

- “Practice like you have never won … perform as you’ve never lost."

- “Use the 5 x 5 rule … if it’s not going to matter in 5 years … don’t spend ...

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March 12, 2020

Your 2020 Cleaning Checklist

Your Spring 2020 Cleaning Checklist

Spring is a season of fresh starts: The weather is getting nicer, and plants are in bloom. So it’s no wonder that spring-cleaning is a tradition that goes back decades — if not centuries.

Why not bring some of that freshness into your home? Whether ...
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Posted in Palos Verdes Blog
March 9, 2020

National Market Update Week of March 9, 2020

NATIONAL MARKET UPDATE

Freddie Mac's Primary Mortgage Market Survey reported the national average 30-year fixed mortgage rate hit "the lowest level in its nearly 50-year history," as noted by their chief economist. 

He added that mortgage applications are up 10% from a year ago "and show no signs ...

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March 6, 2020

Welcome to the month of March

If you look carefully at the last couple of weeks, there’s been a little turbulence in almost everybody’s lives. Between the coronavirus … the stock market adjusting … the overall interest in the Democratic potential candidate … the extremely low inventory that most of North America is experiencing … remaining ...

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March 2, 2020

National Market Update Week of March 2, 2020

What a week for home sales data! New Home Sales spiked 7.9%, to a 764,000 annual rate in January, the hottest sales pace since 2007. Single-family home sales are now a healthy 18.6% higher than a year ago.

For existing homes, the National Association of Realtors ...

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Feb. 28, 2020

Real Estate Tips: Home-Maintenance Checklist for March

Now that the winter season is coming to a close, finally, it is time to see what all of the wind, snow, and colder temperatures have done to our homes. Indeed before it is time to spring clean, we must first ensure our property is properly maintained and has no ...

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