Archive for October, 2014

Thursday, October 23rd, 2014

The nation’s largest mortgage firms plan to once again buy loans where the borrowers put as little as 3% down. Perhaps you thought the days of putting little money down for a home were gone. Well, not so fast. On Monday the CEO of Fannie Mae, Timothy Mayopoulos, announced that the housing giant planned to […]

LA’s Most Expensive Zip Codes

Friday, October 17th, 2014

Everyone knows about the high cost of living in Los Angeles. But things have really gotten out of whack when homes in communities from Venice to Silver Lake routinely fetch $1 million-plus, and the average individual income in L.A. is $27,900. Which is enough to buy … absolutely nothing. So here is an analysis of […]

The New Landlords

Friday, October 10th, 2014

The real estate market has long worked on a simple system: If you want to buy a new house, sell the old one and use the equity for a down payment. But the last few years of low ownership costs and rising rents have some move-up buyers trying a new approach: Buy the new house. […]

College vs Home Ownership

Friday, October 3rd, 2014

This should be of interest to anyone with a son, or daughter who’s in college, beginning their college search, or maybe even still in pre-school. There’s been a lot of debate lately in housing circles about the impact of student debt on home ownership. Now there’s a new study out that attempts to put a […]