GDP up -2%

Not exciting but it’s better than expected. This is a barometer of how the economy is doing. Why do i report this to you? Because, the economy and housing are tied together. Each one has a bearing on t he other. The economy has inched up because the housing...

Surviving an IRS Tax Audit

Surviving an IRS Audit as a “1099” Employee…by H. Thordsen (ESQ) You can visit his website LendingLaw.com or contact his office at (714) 662-4990. The Audit Starts with a Letter  (IRS Form4564). It’s an “Information Document Request” and may be the...

Cheap houses are scarce

This article really describes our market perfectly. Hedge funds are in there buying up everything regardless of price or condition. In some areas, there is less than a one month supply. 6 months supply is normal. If you are looking to buy a house below $313k, lots of...