Tag Archives: realtor

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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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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What Do Pending Home Sales Mean For The South Bay?

by on June 10, 2010 in Blog, Economy, Investing, Manhattan Beach, Market Stats, News Comments { 0 }

Pending home sales have risen for three consecutive months, according to the National Association of Realtors®. The United States index rose 6%, and the Western states index increased...

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3 Keys To A Clean Short Sale

by on December 27, 2009 in Blog, Investing Comments { 0 }

In The New Flipping: Short Sales, the Herald Tribune relates the emerging practice of structuring short sales on distressed properties to the old practice of house flipping.  The rush...

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