The Following Article is from the Winter 2010 Newsletter We all know people who have fallen on hard times due to the economy, but there is a bright side to some who have been saving for years to buy their dream home… and are still gainfully employed. For a young family, living in an area with a good school district is of the utmost… Continue Reading Buying Power
The Following Article is from the Winter 2007 Newsletter Q. What makes the Westside real estate market so resilient to economic factors that have been affecting the rest of the counties real estate markets? ANSWER: The quick and simple answer boils down to the most basic law of economics: Supply and Demand. With the very limited and fully sated supply of housing on the Westside,… Continue Reading PHS Q & A WINTER 2007
The Following Article is from the Fall 2006 Newsletter As an article in the Los Angeles Times so aptly put it, “There is no consistency or predictability in the real estate market inSouthern California.” The market is “still going up” or “it is finally going down” as prognosticated by market gurus the last five years or “it is running sideways, a flat market.” These are the… Continue Reading IT’S AS CLEAR AS MUD!
The Following Article is from the Fall 2006 Newsletter The slumping national housing sector helped slow U.S.economic growth in the third quarter to its weakest pace in more than three years, the Commerce Department reported at the end of October. Leading financial markets to raise bets on interest-rate cuts next year. Gross domestic product, which measures total economic activity withinU.S. borders, expanded at a… Continue Reading Mortgage Rate News
We are now in a new era of real estate. We have a new world economy, new banking guidelines, potentially new tax ramification for homeownership, new expectations from buyers and sellers alike, new communication and marketing technologies and a new breed of real estate agent. When you mix it all together what effect is it having now and what effects will it have on the future… Continue Reading The New Real Estate Market: North of Montana