March 8th, 2016 at 10:00 am
Each year, sales associates and real estate professionals from Berkshire Hathaway HomeServices brokerages gather for their Sales Convention. Anticipation for this event is high as it is where award-winners will be announced. Sales associates compete for total sales, total units sold, top-producing agent, and top-producing team honors. (more…)
March 2nd, 2016 at 10:00 am
Ventura is a charming, relaxing town that anyone would be happy to call home. The history, artistic culture, and proximity to the beach are just a few things that make this community truly remarkable. Additionally, you can find beautiful and affordable Ventura, California real estate. Here are three properties for sale in Ventura County right now, listed for about $600,000. (more…)
February 16th, 2016 at 3:00 pm
February 1st, 2016 at 10:00 am
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.
January 6th, 2016 at 10:00 am
Southern California is full of gorgeous views, beautiful weather, delicious food, and impressive homes. If you need further convincing on why you need to move to Southern California (if you don’t already live here), here are five $1.7 million reasons to: (more…)
