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The word gentrification has expanded into the public consciousness dramatically over the last decade or so.   Certainly, for those interested or active in the world of real estate, it has become a subject of intense interest.   While many…

California real estate has continued its strong upward momentum. The number of closed escrows for single-family detached homes increased 6.3% over February and an eye-popping 7.3% over sales for March of 2014 according to a study by the California Association…

In a move to expand credit to broader segments of the population, FICO, LexisNexis and Equifax have created a pilot program that will give millions of borrowers the ability to secure financing for a home. According to news reports, “FICO’s…

  As the 21st century begins to get traction, and we roll into 2015, Los Angeles real estate continues to improve. As of March15th the average price per square foot of Los Angeles real estate was $499, which was an…

Freddie Mac predicts strong 2015 for the U.S. Real Estate market. The outlook put forth by one of Freddie’s top economists. Len Kiefer, who is the Deputy Chief Economist for Freddie Mac, is predicting that the coming year will be…

Market research data just released by the California Association of Realtors shows a slip in price per square foot in the Southern California market from December, 2014 to January, 2015. You can see by the chart below, which areas of…

Real Estate Sales picked up their pace in December, an indicator, according to real estate researchers CoreLogic-Data Quick, that bodes well for the market for the coming year. A key element, will be if more people list their homes for…

The year ended optimistically! According to the California Association of Realtors, pending homes sales posted higher on a year-over-year basis for the first time in two years. Moreover, a forth quarter survey found that almost 9 out of 10 Realtors…

Christmas was a month ago but the real estate market keeps on giving. Two new presents: 1- The FHA just announced that the cost of mortgage insurance payments has just been reduced, opening the doors to numerous potential homeowners who…

The problem with crystal balls is that sometimes they aren’t so crystal. Take interest rates. At the beginning of 2014, “Everyone” was sure that mortgage rates would end the year at around 5%. And while we didn’t pick a number,…