by Phyllis Rockower | Jun 13, 2014 | Uncategorized
The real estate market is becoming normal. Distressed sales made up about 13 percent of all Ca, sales during May. Properties that had been foreclosed on is only 6.0 percent of sales compared to 11.3 percent a year earlier and much lower than the peak of 58.8...
by Phyllis Rockower | Jun 8, 2014 | Uncategorized
The great American Dream is dying. Even though many Americans still desire to own a home, they are losing faith in homeownership as a key to prosperity. Nearly two-thirds of Americans, or 64%, believe they are...
by Phyllis Rockower | Jun 8, 2014 | Uncategorized
Fewer people are upside down on their houses. Only 8% of homes in LA and 17% in the Inland Empire owe more than the homes are worth. Still, too many of them don’t have enouh equity to pay closing costs and a relator. They still need investors to do this for...
by Phyllis Rockower | Jun 4, 2014 | Uncategorized
Some people are even getting priced out as prices and rents go up. One program, called Live Downtown, has attracted as many as 15,000 new residents to the downtown area, according to the mayor’s office. Under the program, local companies, including Quicken Loans...
by Phyllis Rockower | Jun 2, 2014 | Uncategorized
A major consumer network says home warranties are not worth the cost. This is According to Consumer checkbook which is a major non-profit consumer outfit. They are not really home warranties but service contracts covering plumbing, electric,etc. Insurance will cover...
