Tag Archives: real estate blog

Manhattan Beach Pending Sales Point To Slump

by on July 5, 2010 in Blog, Economy, Manhattan Beach Comments { 3 }

The National Association of Realtors (NAR) announced a 30% drop in pending home sales in May, as home buyer tax credits expired. Given that Manhattan Beach real estate ranks on the...

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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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