by Phyllis Rockower | Feb 6, 2020 | Housing News
Determining the value of a house just by asking the right questions. The following is a post created by Phyllis Rockower in 2014 but is still relevant. Her son, attorney, and real estate investor, William Bronchick, is continuing her blog as per her wishes to continue...
by Phyllis Rockower | Oct 14, 2013 | Housing News
Which is better- FHA loans, Fannie Mae loans or conventional loans? FHA raised its monthly and upfront fees this spring, and also made borrowers’ monthly mortgage insurance premium (MIP) effective for the life of most loans. It used to be until you had more...
by Phyllis Rockower | Sep 10, 2013 | Housing News
Up until now, FHA made people who filed bankruptcy or did a short sale or walked away, wait 3 years to get a new loan. Now they have made it one year. There are restrictions, however. You must show that your situation was caused by external forces that reduced your...
by Phyllis Rockower | Aug 14, 2013 | Housing News
Southern California home prices are the same in July from June as more houses went on sale and interest rates rose.The median sales price in the six-county region was $385,000 last month, unchanged from June, DataQuick said Wednesday. The median is an amazing 25.8%...
by Phyllis Rockower | Aug 12, 2013 | Housing News, Uncategorized
The affordability of California homes is dropping rapidly as prices continue to soar and now higher interest rates are compounding the problem. The California Association of Realtors® (C.A.R.) reported today that its Home Affordability Index (HAI) dropped 8 percentage...
by Phyllis Rockower | Aug 2, 2013 | Housing News
From a recent LA Times article “After buying tens of thousands of single-family homes in beaten-down markets, major investment firms have quickly become major landlords” New research from Morgan Stanley predicts that the buy-to-rent sector will grow from $17...
