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...

Rent is going up 10%

Wow- 6% increase in 2011 and 10% expected over the next 2 years. It makes a landlord’s mouth water. Because of rising jobs, more people having to rent, and little construction, the rental market is soaring. Because of this situation, more rentals are going to look at...