by Phyllis Rockower | Jul 29, 2013 | Real Estate News
This is interesting stuff. Certain cities in Texas, and Co hit highs in their home price index. They are almost back up to the highs hit in 2007. Of course, we in Southern California are still way off the peak. Hard to believe we went down so much. I remember having...
by Phyllis Rockower | Jul 16, 2013 | Economic News
From May 3 to July 12th , interest rates really zoomed. Is it enough to stall the housing recovery? Fannie Mae’s Mark Palim says there is no historical precedent for knowing the impact on the housing market of an interest rate change, either up or down, because...
by Phyllis Rockower | Jul 5, 2013 | Real Estate News
Sales of Homes-priced greater than $500,000 increased to 11.6 percent in May. Inventory is more plentiful in these price tiers, construction is limited, and distressed sales are continuing to drop, This chart is...
by Phyllis Rockower | Aug 5, 2012 | Housing News, Uncategorized
Interesting study from Zillow. It depends on where you live but here in L.A. the magic number is 4.3 years if you made a 20% downpayment. Because home prices and interest rates are low and rental prices are high, this is a great time to buy. Of course these figures...
by Phyllis Rockower | Jan 4, 2012 | Economic News, Housing News, Real Estate News
Very interesting article Read...