Beverlywood Market News

Beverlywood Area Real Estate Market News 2014 Review

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Happy New Year!  It’s that time again to track and analyze the prevailing trends in the Beverlywood and Adjacent area of West LA (Area #9 in the MLS) single family residential real estate market.  (All data used for analysis is supplied by the Beverly Hills/Greater Los Angeles Area Multiple Listing Service and is deemed accurate). […]

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Where to Go During an Earthquake

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Wondering where to go during an earthquake? Here is a great article I thought I would share, especially with the recent rumblings in Beverly Hills… My name is Doug Copp. I am the Rescue Chief and Disaster Manager of the American Rescue Team International (ARTI ), the world’s most experienced rescue team. The information in […]

Beverlywood Real Estate Market Update

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Beverlywood Real Estate Market Update: According to the MLS, a total of 17 homes sold in the Beverlywood and Adjacent area during the entire month of May 2012 compared to 14 last month and 17 one year ago. The single family homes that sold were on the market for an average of 58 days, compared […]

Beverlywood Real Estate Market Report

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Beverlywood Real Estate Market Report Market Update: According to the MLS, a total of 13 homes sold in the Beverlywood and Adjacent area during the entire month of January 2012 compared to 8 last month and 7 one year ago. The single family homes that sold were on the market for an average of 78 […]

Freddie Mac: Economic Recovery Will Continue at Slow Pace

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Freddie Mac’s Economic and Housing Market Outlook for the month of January shows that the mortgage giant predicts the economic recovery will continue to progress slowly throughout 2012 while the housing market continues to stabilize. Despite seeing some improvement during the last months of 2011, economists expect that home sales will only grow between 2 […]

Homeowners’ Winter Checklist

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Heads up homeowners: start getting their homes ready for the winter season. Here’s a checklist that will ensure safety and comfort throughout the holiday season. Although smoke detectors usually alert owners when they need new batteries, it is important to check the batteries and make sure they are working properly. Older homes should have enough […]

Housing Affordability Improves for California

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Good news coming out from CAR, California Association of Realtors, for California would be home owners… Lower home prices and record-low interest rates are contributing to the continual improvement of housing affordability. The percentage of home buyers that could afford to purchase a median-priced, single-family home in California has continued to rise with each quarter according to CAR’s […]

Conforming Loan Limits Might be on the Rise

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Real estate professionals who have been speaking out against the recent decrease in conforming loan limits for government-backed home loans won a small victory in the Senate this month. Beginning October 1, the conforming loan limit for loans backed by lending giants Fannie Mae and Freddie Mac and the Federal Housing Administration decreased to $625,500. […]

Home Ownership King

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Americans continue to place a high value on homeownership, but qualifying for a mortgage and saving up for a down payment in an economy that won’t produce jobs keeps many uncertain. The results of the Hanley Wood’s Housing 360 Survey say 89 percent of owners and 59 percent of renters feel that homeownership is important […]

Homebuyer Tips

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While I specialize in listing and selling homes, I also how help homebuyers looking to purchase real estate. Here are a several great tips for any buyer who is considering purchasing: Decipher what you can afford before you begin to seriously shop open houses. After you are certain that your credit is in good shape, start contacting mortgage lenders to […]

Mortgage Rates Going Up?

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Interesting. Very interesting. Freddie Mac is reporting that fixed-rate mortgage loan rates spiked over the past week. The lender’s weekly Primary Mortgage Market survey for the week ending October 13 showed that fixed-rate mortgages saw a sudden spike, perhaps in response to a better than predicted jobs report. While the increase in rates is significant, […]

Spring Clean for the Fall Open House

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I just came across some great information from my local MLS geared towards helping sellers get their homes SOLD during the fall season. Home sellers looking to attract buyers at an open house this fall would do well to break out their cleaning supplies and make their home shine, according to Bankrate.com. Homebuyers will not […]

 
 
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