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...
Should we care about Dodd-Frank rules?

Should we care about Dodd-Frank rules?

Had my son Bill here for mother’s day so i took advantage of that and recorded some questions i had. Everyone seems to have a different opinion. Click below to listen https://www.dropbox.com/s/376nxxvolzqms9k/Dodd%20Frank%20-%20Phyl%20and%20Bill.aiff?dl=0...

Boot leg units

These have always been a pain to investors.  Should  we deal with the city and hope they don’t make you rip the whole thing down? Or should you just stay quiet. It’s a crapshoot. You really don’t know what to expect.  Many people – not just investors- turn their...