Based on a new article published by Lorraine Woellert, as of April 1st, the Federal Housing Administration (FHA) will increase up-front-premiums. If you have FHA clients on the fence, now is the time to buy before the cost of their loan goes up! They’re talking about increasing the up front mortgage insurance premium from 1% to 1.750% […]
Refinance Activity Highest Level Since August. Read the article ›
Sunset Park Single Family Homes Sales Report There were 73 homes sold in 2011 with a median home price of $980,000. This constitutes a 7% increase in sales from the prior year when 68 homes sold. The median home price increased over 7% from $914,000 the previous year. [hr_padding] Sunset Park Condominiums Sales Report It […]
Santa Monica’s status as the destination of choice for technology and entertainment businesses got another boost with the $90-million sale to a Houston real estate investment firm of five “creative” office buildings — those highly designed, edgy alternatives to typical corporate environs. Lionstone Group, one of the largest owners of creative offices on the Westside, […]