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Change in Federal Tax Aid Law Could Impact Inventory of Houses for Sale in Los Angeles

A federal tax law that gives assistance to homeowners is set to expire, and if it does, there may be fewer houses for sale in Los Angeles. Under the current law, homeowners don’t get taxed if they sell their home for less than what the...

How Will Millennials Affect Real Estate in Los Angeles?

The Millennials’ generation already has a profound influence on the world economy, and the financial burden they carry to obtain an education will affect the makeup of what type of housing is built for them with real estate in Los Angeles. ...

Jumbo Mortgage Trend Benefits Select Buyers of Los Angeles Luxury Homes

Affluent buyers of Los Angeles luxury homes are set to benefit from a strange twist in the mortgage system. For the first time in recent memory, jumbo mortgages are cheaper than regular mortgages. Jumbo mortgages are above the limit for Fann...

Hollywood Hills Homes Benefit from the Rising Trend of Cash Purchases

Nearly one third of all Hollywood Hills homes were paid for with cash this year. That mirrors the cash purchase trend in all of Los Angeles real estate. In fact, across the nation, cash is king when it comes to home sales. So far this year, ...

Proposed 30% Down Payment Rule Would Affect Los Angeles Real Estate

Los Angeles real estate would seriously be affected if a new proposal for mortgage down payments passes. Federal agencies are considering new regulations that would require buyers to have a 30% down payment to qualify for loans. Under this p...

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