Protect Your Home From MediCal Estate Recovery
California adopts major reform that will greatly reduce the scope of the state’s MediCal Estate Recovery program.
Topanga Home Tour
Calling all nature lovers! Check out this stunning Topanga estate!
California Mills Act
As a society, we are always striving toward growth, progress, innovation, and change. But sometimes it’s important to look back at where we were and what we came from.
Bay Area Techies Get No-Money-Down Mortgages
After living expenses, student loans, credit cards, car payments, and all your other bills, it can be a challenge to put away any significant portion of your income for a down payment on a new home. If you happen to work in Silicon Valley making a decent salary at a tech startup, however, you […]
Airbnb Brings In New Billions
Airbnb is not a small startup that can be casually dismissed. It’s a snowball, now almost the size of the hotel industry. AirBnB might not have all that much to worry about after all. New partnerships with travel management companies and even airlines are solidifying the company’s longevity in the vacation rental industry. […]
LA AirBnB Lawsuits
Lawsuits are beginning to emerge in Los Angeles county as city officials crack down on unlawful short-term rental properties. Several California communities have recently passed legislation aimed at managing the short-term rental market, particularly as offered by sites such as AirBnB. Anaheim has banned short-term rentals altogether. Many landlords have continued to operate […]
Unanimous Vote For FHA Condo Legislation
Both the House and the Senate approved a bill by unanimous consent that will change FHA condo rules. New legislation will streamline the FHA’s certification requirements, relax owner-occupancy requirements, and make condo financing more accessible. On July 14, 2016, the Senate passed H.R. 3700, the “Housing Opportunity Through Modernization Act” that has been […]
Demand Wanes For Luxury Homes
A surplus in the market of high-end homes may mean big deals for homebuyers. The U.S. has seen a growth in inventory of high-priced homes. Homes for sale between $500,000-$750,000 rose 15.9% in March compared to the same time last year, according to the National Association of Realtors®. Homes over $1 million rose […]
What Brexit Means For U.S. Real Estate
Britain’s vote to exit the European Union may have positive consequences for the U.S. real estate market. It’s still business as usually even after the recent Brexit vote 2 weeks ago. Economists are still uncertain of both the short-term and long-term affects of the U.K. seceding from the E.U. But some speculation suggests this […]
FHA Tightens Eligibility Requirements
It just got a little harder to get an FHA loan as the Federal Housing Administration tightens eligibility requirements. FHA mortgages account for nearly 1 in 4 mortgage loans nationwide. FHA loans are attractive to borrowers for the low 3.5% down payment, and attractive to lenders as payment is insured by the Federal […]
