Jan
23
Posted By: Grant Bixby
It is important to remember that no matter the economy, our real estate market still follows the same trends on a calendar year. It just varies in degree of severity. So, what can we expect for this year? Here is my guesstimate, based on past annual cycles. January remains sleepy, but phones begin to ring [read more]
Jan
20
Posted By: Grant Bixby
With home values bottoming out (and in some cases bouncing back), and with interest rates at or near all time lows, I expect to see increased buyer activity in the coming months. Add those two facts with our typical high volume season of spring into early summer and we have a recipe for a strong [read more]
Nov
18
Posted By: Grant Bixby
It is expected that both the House and Senate will vote today on restoring the FHA mortgage limits. FHA mortgage limits, both the 125% calculation and the $729,750 maximum, should be restored for two years until December 31, 2013. Assuming the Congress acts today, we believe the bill will be signed quickly and the [read more]
Oct
26
Posted By: Grant Bixby
Phenonmenal rental property in always desirable Balboa Peninsula location. Six units all currently rented (many with long term tenants). One house from bay beach and one block from ocean beach and lifeguard tower 10. Three units have been remodeled and the other three are in original condition. Large, double lot with 50′ frontage and 100′ [read more]
Jul
15
Posted By: Grant Bixby
LOS ANGELES (July 15) – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) applauds Gov. Jerry Brown on signing SB 458 (Corbett) into law. SB 458 extends the protections of SB 931 (2010), to ensure that any lender that agrees to a short sale must accept the agreed upon short sale payment as payment in full of the [read more]
categories