Shortage of homes

Can you believe it? After years of bulging inventory of reos, the days on market has shrunk to an amazing 33 in L.A. Because of several reasons: Interest rates so low makes for a positive cash flow situation for buy and hold Upside down home owners not putting houses...

Rising Interest Rates

I have been saying this for awhile. People have become too accustomed to low interest rates and think this is the norm. Those of us who have been around know this is not so. Don’t get used to it. This is a great article about what it will do to the real estate market....

What are you waiting for?

Prices are as low as they were 10 years ago. Rents are much higher and interest rates are much lower. This is the best time for cash flow. Just as the perfect storm for a downturn was in place in 2005, the perfect storm for an upturn is NOW!!!!! CA. unemployment just...