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March 11, 2008

It’s A Terrible Time To Buy

Why?

Prices still disconnected from fundamentals. House prices are still much too high, far beyond any historically known relationship to rents or salaries. Yearly rents are 3% of purchase price. Mortgage rates are 6.5%, so it costs more than twice as much to borrow money to buy a house than it does to rent the same […]

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March 5, 2008

Selling a Home

Selling your home can be exciting, but it also takes work. You’ll need to fix all those little problems you’ve let go for so many […]

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January 16, 2008

California is headed for a massive real estate crash in the next 12 months

California is at the end of its 10-12 year recurring cycle of running up real estate values, and is now due for a correction. However this time, there are factors in play that will act like an accelerant on the decline in California real estate values like nobody’s ever seen before.
In a nutshell, here’s Why:
Real […]

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