February 2012

What’s Your Point?

What’s Your Point??  Nawwwww … Not THAT Point! A great scene, isn’t it?  But it’s not those “points” I’m going to talk about in this blog.  No, I’m talking the “points” referred to when discussing mortgage costs and options.      I’ve had several discussions as of late, with some pretty confused borrowers regarding these …

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10560 Wilshire Blvd #405 a Wilshire Corridor Condo to Watch

The Wilshire Corridor condo market is slow at best, especially in the higher end range. 10560 Wilshire Blvd. is no exception.  There are 7 units on the market with a 15.15 months absorption rate.  This means that, based on the past six months of sales in the building, it will take 15 months to sell the existing …

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Brentwood Area of Los Angeles Housing Market Overview | January 2012

Let’s check in and see how the Brentwood housing market did in January. Brentwood single family homes under $1 Million Sold:  2 / +2 over same period last year Median Price:  $792,500 Active 7: Absorption rate*:  3.5 months   Brentwood condos under $1 Million Sold:  8 / -1 over same period last year Median Price: …

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Los Angeles Mortgage Financing | Cheaper is Not Always Better

Don’t “Cut Your Nose Off and Spite Your Face” when it comes to your Mortgage Financing     There’s an old saying …     “You’re cutting your nose off and spiting your face” …      Stretching the point just a bit, I want to use this saying to get a message across regarding interest rates … and …

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