This is an honest explanation of how the 2008 housing crises was able to happen from a home buyers perspective and challenges traditional thinking about buying houses as investments.2008 Housing Bubble
Renters in Los Angeles will find this one of the MOST IMPORTANT stories about our housing crisis written to date! The days of 3-4% rental increases are well behind us…why? AN UNSTOPPABLE GROWING DEMAND FOR HOUSING. I’m adding the link for all to read. When I explain to renters that increases of 7-10% are not uncommon their faces turn flush. Its the new, “New.” Here’s the link:
California moves up from last years ranking of 14th to 10th in this poll. Interesting opportunities here and out of state.
Sales and prices spiked in December, shaking off the market flattening in November. With housing prices continuing to climb higher, renters should expect increases across the board in most major markets; Los Angeles, San Francisco, Sacramento and San Diego.
Homes Sales fell in November while pricing was relatively unchanged. On the other hand, house rentals were strong, especially in the Antelope Valley. We rented almost ALL of our available inventory! My conversations with home buyers seemed to indicate home loans were taking longer to approve. What was your experience?
I thought this was an excellent piece by my friend and probate attorney Paul Horn. As always, check with your attorney on how this might apply to you and your estate.
Therefore, if you are using Medi-Cal and you own a house, then potentially that house might belong to the State of California. So how do you have your cake and eat it too? How do you use some of that $17 billion dollars that California receives per year that is earmarked for Medi-Cal and still pass the house on to your children when you die?