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 …

The Most Expensive House for Sale in America

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There is a new trend in very high end L.A. real estate, and it’s good news for billionaires! A recent New York Times article discussed the fact that there has been significant growth in recent years of the world’s billionaire population, but that the extreme high end of the real estate market hasn’t kept up.  The article interviewed two developers to the …