Tag Archives: interest+rates

Confidence, Real Estate And Our Way Of Life

The real estate market is changing again.  Of course it’s never static.  Even when it was in free fall, it was moving, just in the wrong direction.  After what has been an unprecedented run since the first of the year … Continue reading

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The Good Old Days

Last night I put on the original Great Gatsby with Robert Redford.  It’s not a particularly good movie really.  I guess it’s just a story that doesn’t translate from the page to the screen.  What struck me however, was this … Continue reading

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June 2013: Perception Is 9/10’s Of The Law

Great news for property owners: Case-Shiller, S & P’s housing index, shows home values are up across the nation.  Prices in some areas like Los Angeles Metro, are up for the 15th consecutive month and up over 20% from the … Continue reading

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Some Thoughts On Bernanke, Interest Rates And The State Of The Market

Today, the National Association of Realtors’ pending homes sales data, representing June’s homes entering contract, showed a decline of .04%.  Analysts expected a smaller decline of .01%.  The Decline is being blamed on a combination of low inventory (can’t go … Continue reading

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Thoughts On Interest Rates And Housing

Mortgage rates have risen 1.10% since May and while 1% may not sound like much, it represents an increase of 67% and that does sound like a lot.  Effectively rising interest rates means a home buyer can afford less and … Continue reading

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Personal Debt, Student Loans and Real Estate

UCLA’s Anderson School of Economics reported yesterday that the economy is not growing and in fact, that it is “not even normal… it’s bad.”  Not exactly the warm and fuzzy one might expect given the overwhelming indications from Wall Street … Continue reading

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Something To Keep In Mind

Yesterday was an interesting day for anyone involved with real estate.  Whether you’re a Realtor, mortgage broker, buyer or seller, the events of May 28 were pretty incredible.  As is the story on the last Tuesday of every month, the … Continue reading

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Real Estate: What To Expect In 2013 And Beyond

After nearly 23 years of selling real estate, you might expect that I’ve seen it all.  I’ve sold through 2 earthquakes; 2 real estate bubbles and their subsequent bursting; 3 recessions from mild to severe like the one we’ve just … Continue reading

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California Home Prices: A Speculative Rise Or A Natural Correction?

The rise in pricing of California real estate has caught many observers off guard and has caused many to wonder aloud if the high numbers are sustainable or just another speculative bubble waiting to burst.  If you have been following … Continue reading

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Legend Of The Fall, Or How Nate Shapell Made A Million Bucks In A Morning

Before I was a Realtor selling resale homes, I was a builder’s representative; I sat at a model home complex and sold tract homes.  I was fortunate to have married into a family that worked for a large home builder … Continue reading

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