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February 10th, 2016 at 10:00 am

Design trends we're in love with

Our agents are committed to finding a home for their buyers that makes their heart skip a beat, a home that they immediately can picture themselves spending the rest of their lives in. We asked Marco Rufo, an agent with our Pacific Palisades office, for his input on what he thinks it takes for a home to make a buyer fall in love. (more…)

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February 1st, 2016 at 10:00 am

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The good news: Adjustables are low and it’s a seller’s market

The Federal Reserve Bank’s decision to raise its benchmark interest rate by .25 percent has been the talk of the financial and real estate world since it was announced last Dec. 16.

To gain some insight, we asked David M. Cabot, our President and CEO, for his take on the situation.

Q: Why did the Federal Reserve Bank raise the rate?
A: The Fed was waiting for the economy to be stronger, and they believe it is now. The rate determines what the banks pay to borrow money from the Fed. But the banks can set their own rates for consumers, and they do. This is the first rate increase in seven years.

It’s interesting that they made a decision to do it now because they’ve been wanting to for over a year. I’m not an economist, but 2 percent economic growth is very, very modest. If we were growing at 3 or 4 percent, an interest rate hike would be a welcome thing in the business world. But at 2 percent, we’re not really certain. If we don’t start at a point where we have some growth, we’re never going to get above zero. It’s probably a wise thing from a macroeconomic point of view.

To learn more, download the full report.

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January 27th, 2016 at 10:00 am

Resolve to buy a home

Resolved to make 2016 the year you finally realize the American dream of owning your own home? It could happen.

Even with low housing inventory in many regions, and the Federal Reserve Bank’s recent ¼ percent hike on its benchmark interest rate, buying a home is within reach for many Americans. Of course, much depends on your financial history and ability to make the monthly mortgage payments. So if homeownership is at the top of your new year’s resolution list, here are 16 more resolutions that could help you achieve your goal:
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January 18th, 2016 at 10:00 am

Buying a multi-family property

If you’ve thought about investing in real estate, a multi-family property can be an advantageous investment. These types of properties can be excellent ways to make money, but can also be a financial drain if not planned for properly. Before you decide if a multi-family property is right for you, there’s a few things you should consider. (more…)

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January 5th, 2016 at 11:00 am

Laws about foreign real estate

When President Barack Obama signed the $1.1 trillion spending measure Congress passed on Dec. 18, he wiped out a 35-year-old tax imposed on foreign investors in the U.S. The measure, which helped avoid a government shutdown, now treats foreign pension funds the same as their U.S. counterparts so far as real estate investments are concerned. While it’s hard to predict specifics, there could be broad consequences on residential as well as commercial property prices around the country. (more…)

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