MORTGAGE RATES HAVE DROPPED – OUTLOOK GOOD FOR BUYERS

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Mortgage rates have dropped again this passed month. On top of that, these low interest rates have brought stimulation into the developer’s new housing market. Now this is great news for home buyers!  Low interest rates mean lower mortgage rates for home buyers, down approximately 1.25 percentage points from last year, according to CNBC; and stimulation in the developer’s market …

SAN MARINO SCHOOLS CONTINUE TO BEAT OUT THE COMPETITION IN LOS ANGELES FOR ACADEMICS. STILL #1!

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It has been a long held tradition that families flock to San Marino for the renowned school system. Carver Elementary School is located within the distinguished city of San Marino in Los Angeles County. This prestigious elementary school has been named as the “#1 best public elementary school in the Greater Los Angeles Metro Area for the second year in …

THESE COST SAVING MEASURES WILL HELP YOU GET THE MOST VALUE OUT OF YOUR HOME REMODEL

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Lets take a break from the dull shift of the market and focus on something that can help you bring life back into your home and really make it shine! Have you been wanting to do that fresh renovation but worry that the costs are too high? Here are some tricks to help you put new life into your home …

THE DEBT TOWER IS RISING FOR THE MIDDLE CLASS

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Debt has been more important to manage than ever before. The Wall Street Journal reports that families are falling deeper and deeper into debt just to stay afloat in a middle-class lifestyle. Here is the current debt breakdown in the US: Mortgages have skyrocketed to 4 Trillion Dollars, Student Loans & Auto Debt total 1.3 Trillion Dollars each. At the …

RENT CONTROL JUST HIT STATEWIDE IN CA – THE PROS & CONS

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California just passed a new bill through the Senate, and it’s a big one for landlords if the new bill becomes law. AB1482 allows for rent control statewide at a cap rate of 5% annually. This new bill is the states attempt to thwart the homelessness issue that is densely populating Los Angeles and San Francisco. “Caps on rent increases, like …

CHINA’S DOUBLE-EDGED SWORD ON CURRENCY

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China has sought stricter control on currency leaving its borders in an attempt to prevent devaluation of the Yuan. China’s SAFE  (State Administration of Foreign Exchange) Program has implemented blockades on currency exiting China for the purpose of new Real Estate or Insurance transactions. There has been a surge in the smuggling of currency out of China, and SAFE is …

WHY AMERICANS STILL AREN’T BUYING HOMES: SAME STORY, NEW NEWS

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When interest rates drop and mortgage rates decrease during a strong economy, you’d expect to find a booming housing market. However, this isn’t the case as of now. There’s no doubt about it, the economy is booming. But what’s different about the housing market is that prices continue to remain too high for many buyers. “Typically, when buyers remain on the …

Want Top Dollar When Selling Your Home? Take These Steps.

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Have you considered selling your home? There are quite a few steps you should take before listing your home on the market. These steps will make your home more attractive to buyers and allow your home to stand out and sell for top dollar. Even if you’re not considering selling your home in 2019/2020, taking these steps will help keep …

CHINESE BUYER UNCERTAINTY SCATTERS THROUGHOUT US ECONOMY

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We’re back on topic with Trade War, but this time, it’s much worse. Chinese Buyers are packing up and leaving as tensions between China & the US worsen. CNBC is calling it the “Trump Effect”. Punishing Tariffs on foreign trade and commerce is costly to Chinese Buyers, and causing them to question American Assets. While vice-versa, China is putting tighter …

WHEN IS THE RECESSION EXPECTED TO HIT?

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We continue to hear about a recession hitting the US soon, but when will it actually hit, and how hard? Consumers continue to spend their hard earned dollars and job growth is still on the rise. However, the housing market is definitely seeing signs of instability. So, where does this economic uncertainty stem from? Fortune Magazine has some information on …