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Investor Bulletin

Graph Rate Trends

The emergence of the so-called Negative Interest Policy (referred to as NIRP by the financial talking heads) in Europe has had a startling effect on U.S. Mortgage rates. As an ugly European banking emerges, investors dive for safety into the…

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L.A. County’s hottest ZIP Codes

There is a fascinating article in the Los Angeles Times of January 16, 2016, pinpointing the “hottest ZIP codes” in Los Angeles from a real estate perspective. The west side has always been hot, but it is our “hood” that…

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Los Angeles housing takes a U-turn

Sometimes a sword cuts both ways. Case in point – the Los Angeles real estate market. Home sales in October fell 4/10th of a percent (0.4) from October 2014. September’s sales had reached the highest in 6 years before this…

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Echo Park’s Grand Promenade

Because Echo Park is home base for us, the fact that the community has experienced a stunning gentrification over the last several years is an accepted part of life. For those of you who have not been to our neck…

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An Increase is Coming…

You have to be a Las Vegas bookmaker to keep up with the odds on whether or not the Fed’s Snow Queen will raise rates at their September meeting. Interest rate pundits pegged the chances for a rate increase at…

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Single Family Home Sales Soar

Single-family home sales in the state soared in July on a year-to-year basis. There were 449,530 home sales in July. That represented a 2.7% increase from June but a whopping 12.7 increase from July 2014. The continued growth was attributed…

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