by arnielevine | Dec 20, 2022 | Current Affairs, Finance, Real Estate news, San Diego Foreclosure news, San Diego Investment Properties
Below are summaries of new state laws that affect real estate in California. Unless otherwise noted, the laws takeeffect January 1, 2023. Assembly Bill (AB) 1410 disallows the governing documents of a homeowner’s association (HOA) from prohibiting membersand residents...
by arnielevine | May 9, 2022 | Current Affairs, Finance, Riverside Real Estate, San Diego Real Estate, Temecula Real Estate, Uncategorized
Interest rates continue their upward march, but the housing market in California remains competitive with few signs of buyers pulling back despite another rate hike by the Federal Reserve last week. The latest jobs report showed continued expansion in the macro...
by arnielevine | Apr 3, 2022 | Current Affairs, Finance, San Diego Real Estate
Housing PerspectiveIn addition to an extremely tight housing market in California, prospective homebuyers are also now facing the prospect of arising cost of living on everything from cars to gas to groceries to consumer goods. This, in turn, has triggered a more...
by arnielevine | Oct 28, 2021 | Finance, San Diego Real Estate
U.S. home sales rebounded in September, with existing home sales increasing 7 percent. Sales recorded a seasonally adjusted annual rate of 6.29 million in September, a decrease of 2.3 percent from a year ago. Total housing inventory continued to fall, with listings...
by arnielevine | Sep 30, 2021 | Finance, Riverside foreclosure news, San Diego Foreclosure news
There is no doubt that the coronavirus pandemic was an unprecedented shock. However, unlike the 2008 financial crisis, housing was a bystander as external forces disrupted the macro environment rather than a culprit in building up systemic, fundamental imbalances in...
by arnielevine | Sep 8, 2021 | Covid, Current Affairs, Finance
Last week, the state of California began sending out $600 state stimulus checks to taxpayers earning up to $75,000, part of the Golden State Stimulus plan intended to help residents get back on their feet during the slow economic recovery. A first round of $600...