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Monthly Archives: November 2019

Low Mortgage Rates In Late November

Posted on November 26, 2019 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

According to the Freddie Mac’s latest Primary Mortgage Market Survey, the U.S. 30-year fixed-rate mortgage (FRM) averaged 3.66 percent. “The housing market continues to steadily gain momentum with rising homebuyer demand and increased construction due to the strong job market, ebullient market sentiment and low mortgage rates,” said Sam Khater, Freddie Mac’s Chief Economist. “Residential […]

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LA City Counsel Proposes ‘Anti-Displacement’ Zones Around Luxury Development

Posted on November 19, 2019 by Anthony Vulin in Real Estate, Uncategorized

The Los Angeles City Council voted today to lay the groundwork for creating “anti-displacement zones” around new market-rate or “luxury” residential buildings that contain no affordable units. The vote directs the city’s housing and community investment department, city planning, department, and the city attorneys to draft an ordinance that would put in place a battery […]

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An Increase In VA Loans Among Young Homebuyers

Posted on November 11, 2019 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

When it comes to mortgages, VA loans are about the best you can get. With no down payment, no mortgage insurance, and super-low interest rates, they save homebuyers significantly—both up-front and over the long haul. And while VA loans have historically been underutilized, it seems Millennials are looking to buck that trend. In fact, according […]

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Buyer Competition to Grow in the Fall

Posted on November 4, 2019 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

While low mortgage rates have made it cheaper to buy a home, finding the right property remains a challenge for home buyers, realtor.com® writes in its October 2019 housing report. Would-be buyers are finding that a worsening inventory shortage is heating up competition in the housing market this fall. “Owning a home continues to be […]

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