July 2014

West Hollywood Homes for sale 2nd Qtr 2014 Market Report

West Hollywood is still one of the more affordable communities in Los Angeles. An incorporated city with a high Walk Score, West Hollywood has great dining, stores, galleries, and nightlife. West Hollywood continues to evolve and is a much sought after area for those who are looking for more of a neighborhood feel. (The West …

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The ABCs of DTIs – Debt-to-Income Ratios

Definition of Debt-to-Income Ratio:   The figure that represents how much of your income is spent repaying your recurring monthly debts.  The HIGHER your Debt-to-Income Ratio is, the more of your monthly income is being devoted to paying back your debts.  Formula Used to Find Your Debt-to-Income Ratio:  Monthly debts owed divided by monthly income.  This …

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Brentwood Los Angeles Real Estate Market Report June 2014

How is the Brentwood Los Angeles real estate market doing?  Let’s take a look at how the second quarter 2014 compares with the first. Brentwood single family home sales Sold +/- Median +/- Active Median Pending 68 +35 $2,730,000 +7.91% 68 $3,545,000 37 Brentwood condo sales Sold +/- Median +/- Active Median Pending 59 +21 …

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Will Refinancing Cause my Property Taxes to Go Up?

Because the current interest rate environment remains conducive to refinancing, a concern that some have about taking action stems from confusion related to how their property taxes are determined, and specifically the question, “Will refinancing cause my property taxes to go up?”  It goes without saying that nobody wants to save money via refinance, only to …

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