Good advice

Good advice

Written by Regina Brett, 90 years old, former columnist for newspaper in Cleveland, Ohio. “To celebrate growing older, I once wrote the 45 lessons life taught me. It is the most requested column I’ve ever written. My odometer rolled over to 90 in August,...
Banks are not the only ones making loans

Banks are not the only ones making loans

Getting a Loan is Easier Thanks to Non-Bank Lenders Mortgage by nonbanks have not only surged past those coming from regulated banks. (like quicken loans) Where in 2013 banks originated 70 percent of new mortgages, this year nonbanks originated 60 percent. This may...
Harvey’s impact on housing

Harvey’s impact on housing

According to Core Logic, 70% of the houses in Texas are not covered by any insurance. Most people there do not have flood insurance. One must expect, with dollar losses at the level CoreLogic predicts, there will be a substantial impact on the housing and housing...
SoCal real estate is red hot- still!!!

SoCal real estate is red hot- still!!!

The price in the south bay of a single family home topped one million.That’s a 15% increase over last year. However, most economists dont see a bubble and are forecasting a general 5% increase for this year for SoCal in general. Luxury homes over 2 million have...
Dodd Frank going away?

Dodd Frank going away?

  The House of Representatives passed the H.R. 10, the Financial Choice Act, along straight party lines.  This is a sweeping overhaul of the Dodd-Frank Wall Street Reform and Consumer Protection Act, passed in the wake of the 2008 financial and housing meltdown....
Latest L.A. Home prices

Latest L.A. Home prices

We have hit the previous high for L.A. county. In 2007 the median hit 500k and here we are again. The median is the number that has half more and half less. Prices rose 6% from last April. So it took 10 years to come back again fully. Orange county set a new record of...