Tag Archives: mortgage

Mortgage Considerations For Luxury Homes

by on July 7, 2010 in Blog, Mortgage Market Comments { 4 }

Luxury home buyers should understand that their segment of the mortgage market has some key differences from the mainstream lending market. Getting a multimillion dollar loan means...

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How Financial Reform Impacts Veterans

by on June 29, 2010 in Blog, Economy, Mortgage Market Comments { 2 }

In an attempt to balance lending risks with credit-driven economic growth, Congress is mulling a Financial Reform bill that has the potential to hinder the VA Home Loan Guaranty...

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Commercial Mortgage Crisis Continues

by on June 28, 2010 in Blog, Commercial Real Estate, Economy Comments { 5 }

The commercial real estate (CRE) market peaked in 2007, and has been in a prolonged process of collapse ever since. This is true for asset valuations across CRE property types, equity...

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Manhattan Beach Sales Volume

by on June 18, 2010 in Blog, Economy, Manhattan Beach, Market Stats Comments { 1 }

If you have not yet heard the news, the US is in a housing recession. The story is no different for South Bay real estate. We may be cushioned from most of the world in our luxurious...

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Homeowner Equity: The Road To Serfdom

by on June 14, 2010 in Blog, Economy, Market Stats Comments { 3 }

The capital structure of US real estate assets has been in a long process of change. In 1945 homeowners owned 84% of their homes, with average mortgage to value ratios being 16%. Fast...

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Evaluating The FHA Reform Act of 2010

by on June 13, 2010 in Blog, Economy, News Comments { 4 }

The FHA Reform Act of 2010 was just passed in the House of Representatives last week. The general intent of the Bill is to reduce the risk to taxpayers of toxic loans insured by the...

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White House Wants To End Tax Break For Wealthy Homeowners

by on June 12, 2010 in Blog, Economy, Investing, Manhattan Beach Comments { 2 }

The White House is urging Congress to limit, or cut, the once untouchable tax break for mortgage interest. In traditional class warfare parlance, the White House cap on mortgage...

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Fannie Mae Economist: Housing Recovery In 2013

by on June 12, 2010 in Blog, Economy, Manhattan Beach Comments { 0 }

Fannie Mae’s Chief Economist, Doug Duncan, predicts national housing markets will not recover until 2013. He predicts prices will decline another 1% to 3% before bottoming in the...

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A Busy May In Manhattan Beach

by on June 9, 2010 in Blog, Economy, Manhattan Beach, Market Stats Comments { 2 }

The month of May turned out to be a busy time for Manhattan Beach real estate, particularly for the single family residence (SFR) market. SFR volume increased 80% to 36 closed sales...

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Cautionary Note For Short Selling Homeowners

by on December 27, 2009 in Blog, short sales Comments { 2 }

Moody’s Economy.com estimates that 3.8 million homes will be lost in 2009 and 2010 because borrowers cannot make their mortgage payments.  The same story is told all over the...

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