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Record Low Mortgage Rates Continue To Fall in West Los Angeles

Mortgage rates headed down again, after lingering at a record low for two weeks. The benchmark 30-year fixed-rate mortgage fell 5 basis points this week, to 4.45%, according to the Bankrate.com national survey of large lenders. In the 25-year history of Bankrate’s weekly survey, the 30-year fixed has never been lower. According to statistics compiled by the National […]

West Los Angeles Real Estate Neighborhood Profiles

I have just added new neighborhood information to my site.  I previously had Brentwood, Santa Monica and West Los Angeles on the site, and I have now added Pacific Palisades, Mar Vista and Westwood.  I feel that knowing a little more about a neighborhood informs a client’s decision.  I wanted to pass on my knowledge about Los Angeles to help my […]

Southern California Home Sales Up, Prices Level Off in June
Southern California Home Sales Up, Prices Level Off in June

Southern California’s housing market’s sales volume rose slowly in June as the median price slipped back slightly from May, but remained 13 percent higher than a year ago. A total of 23,871 new and resale homes were sold in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties last month. That was up 7.2 […]

June Real Estate Mortgage News
June Real Estate Mortgage News

What to say about mortgage rates?  Well, mortgage rates were little changed this week, which is actually a good thing, considering that the homebuyer tax credit expired recently. Starts on one-family homes fell 17 percent to an annualized pace of 468,000 units in May from April’s 20-month high. In addition, permits on one-unit homes fell […]