by arnielevine | Jul 5, 2016 | Finance, Real Estate news, San Diego Real Estate
Just as many predicted, the Federal Open Market Committee,the group that sets the benchmark interest rate for bank lending, elected this week to hold steady and not increase federal funds rate. The current rate is set at between 0.25% and 0.5%, and will remain so,...
by arnielevine | Jul 5, 2016 | Finance, Real Estate news, San Diego Investment Properties, San Diego Real Estate
Existing home sales jumped in May to their highest increase in almost 10 years, according to a recent report by the National Association of Realtors. While existing home sales may have jumped, the high demand and lagging home prices caused the median sales prices to...
by countyproperties | Jul 17, 2015 | Finance, Real Estate news
Yale Law School lecturer Logan Beirne examined a lawsuit recently filed by three Fannie Mae and Freddie Mac investors accusing the federal government of exceeding its authority as a conservator. The three plaintiffs in question allege that the Federal Housing Finance...
by countyproperties | Jun 12, 2015 | Finance, Real Estate news, San Diego Real Estate
Urban Institute: Rental surge to drop homeownership rate to 61.3% by 2030 The Urban Institute’s Housing Finance Policy Center just releaseda major new longitudinal study of expected household formation and homeownership ratesfrom 2010 to 2030. The paper predicts...
by countyproperties | Aug 28, 2014 | Finance, Real Estate news
In a real estate transaction, there are usually expenses and payments that must be “prorated” (or properly distributed or divided proportionately) so that the parties are equitably responsible for amounts owed during their respective ownership of the...
by countyproperties | Aug 28, 2014 | Finance, Luxury Homes
Jumbo, interest-only mortgage borrowers are in for monthly sticker shock when their principle comes due. During the peak of the housing boom, from 2004-07, interest-only mortgages gave some buyers access to bigger or better homes than they likely could have afforded...
