The A Team L.A. Times

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Real Estate Agent - Rodeo Realty - Beverly Hills
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According to a survey conducted by Fannie Mae in January, 71% of 1,000 people polled believe that now is an excellent time to buy a home.  Thirty percent of respondents also reported that they believe the U.S. economy is heading in the right direction, compared to only 22% when surveyed in Decemb...
02/20/2012
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Your Market News:   2012 is off to a promising start. Mortgage rates continue to drop and have remained under 4% for nearly two months. Home sales are strengthening and pending home sales, a measure to gauge future sales, are at their highest levels since March 2010.   Job growth has been increas...
02/13/2012
Fannie issued an article about how 2012 is the year of the political economy. Stating that the rise and fall of our housing market would be based entirely on how the economy itself fares this year. And so far so good. The housing sector is showing improvement due to gains in employment.   Not onl...
01/23/2012
Mortgage rates sunk to record lows again this week. The average rate on the 30-year fixed mortgage fell to 3.94%, matching the all-time low hit in early October, according to Freddie Mac's weekly mortgage rate survey. Meanwhile, 15-year fixed-rate loans hit a new record low of 3.21%, surpassing t...
01/16/2012
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The average rate on the 30-year fixed mortgage hovered above its record low for a sixth straight week. Which begs the question, why isn’t everyone taking advantage of this? Freddie Mac said Thursday the rate on the 30-year home loan ticked down to 3.99 percent from 4 percent the previous week. It...
12/12/2011
  I always try to be a positive person and I try my hardest this time of year. Everyone should be jolly! So here are bits of good news I’ve discovered in the market recently… Pending sales of existing U.S. homes surged in October by the most in nearly a year. And I should know, I’m in escrow on o...
12/05/2011
A Thanksgiving Compromise A story of bipartisanship.   Over the long weekend, Congress came up with a Thanksgiving compromise that could change the mortgage choices of buyers and refinancers in more than 660 markets across the country: It raised maximum loan limits for the Federal Housing Adminis...
11/28/2011
As big as our t-day plates will be, I have even bigger plans for 2012. October’s home sales rose 1.4% to a seasonally adjusted annual rate of 4.97 million.  It’s growing ever nearer to the economists’ estimation of a healthy housing market.   The October increase in home sales beats analysts’ exp...
11/21/2011
Many sellers that I have spoken to are all about the holidays being a bad time to put your house on the market. This has come as a shock to me seeing that I’ve sold homes over the holidays for the past 15 years. The most common question for sellers is “When is the best time to put our house on th...
11/14/2011
Energy Costs Effecting Property Values   When applying for a mortgage the lender never asks detailed questions about monthly energy costs, nor do they factor in the energy-efficient features of the home when coming up with a value.   This is about to change.   A new bipartisan effort on Capitol H...
11/07/2011
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Adrienne Kessler

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