Curbed LA—A typical median-priced home in Los Angeles County out of reach for the vast majority of residents, according to a new analysis from the California Association of Realtors. According to the data, just 29 percent of potential homebuyers can afford a property at county’s median price of $485,800. At that price point, a nearly six-figure household… READ MORE
RISMedia—In largest luxury owner survey ever, Better Homes and Gardens Real Estate study reveals multiple homes and high-tech amenities are the new norm for affluent homeowners Existing home sales have been rising along with mortgage rates, and cash deals are becoming extremely popular. Much of this growth can be attributed to the luxury buyer, a… READ MORE
Jay Vorhees, CA Bureau of Real Estate—We financed a purchase for a professional baseball player last year, and it was a mortifying experience for one of our Processors. This is why… The borrower made close to $4 million per year and could have paid cash for the house several times over. He was only seeking… READ MORE
Yo Venice In Print!… READ MORE
Their caution has restricted the availability of home loans!… READ MORE