“You‘re much stronger than you think you are. Trust me.” — Superman It’s not where you start, it’s where you finish. Q4 is the culmination of the work you’ve put in throughout the year coming to fruition. Over the past several years, I’ve learned that JohnHart Realtors are more like superheroes. You work harder than anyone else, you’re extremely […]
On Thursday, the Administration announced its proposed tax bill and to say it caused a stir is an understatement. Tax bills always create a buzz, but this one in particular has rocked the real estate industry at its core. What’s so different about this bill that is causing such concern? It appears that without analyzing […]
Is it time to buy? Rental prices in LA rose for the seventh month in a row in August, according to a new report from Apartment List. The increase wasn’t a major one—just .5 percent—but it follows a steady upward climb that’s brought the citywide median price to $1,350 for a one-bedroom apartment and $1,740 for a […]
Recently we took a look at where in the LA area home prices are rising and falling the most; but what about condos? Are these units following similar patterns? Well, the MLS recently released a map tracking such sales around LA (though the Valley and South Bay are sadly not included). It compares the median price of condos sold […]
We’re almost at the mid-year mark and we’ve already seen the impact of the Fed’s second, of a predicted four, rate hikes of 2017. The new rate brings on a wave of changes including the baseline used to calculate interest rates for credit cards and home loans. For the past 10 years, we’ve seen our […]
Evaluate your personal financial health, before applying for a mortgage loan. Actually, your disposable monthly income versus your total monthly financial liabilities will very much decide the amount of mortgage a lender may be willing to offer you. So, you need to know the math about home affordability, before you buy a house. Tips to […]
If you’re a homeowner, savvy investor, Realtor, accountant, or in any way concerned about the US housing market, chances are you’ve heard of the Mortgage Forgiveness Debt Relief Act of 2007. Passed in (you guessed it) 2007, this Act is centered around one main idea, but broken into two separate scenarios.
UBS could be the first of the European banks to pay up for misleading mortgage giants Fannie Mae and Freddie Mac over the quality of packaged mortgage backed securities sold leading up to the housing market crash.
A Home Equity Line Of Credit loan (aka HELOC) was something people could not get enough of in the early 2000’s. They were our very own piggy bank; we all became rich because our properties grew in value and in turn we cashed out the equity and took the family on vacation. However, just like […]
Homebuyers are more aware of not only what is in their reach but more so what they want. Credit can be given to modern era of internet research and media that brings homebuyers to have expectations with their service providers especially with thousands of them in the real estate market alone.
