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Monthly Archives: July 2020

How The Housing Market Remains Strong in Southern California Q&A

Posted on July 31, 2020 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

Southern California’s real estate market has seen its share of ups and downs in recent years.Dealing with the initial effects of the coronavirus pandemic on the housing market. We had questions answered on what the pandemic means for buyers and sellers no matter what their income bracket is.  Has the pandemic tanked the real estate […]

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Average U.S. mortgage rate falls below 3% for the first time

Posted on July 20, 2020 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

The average mortgage rate fell to 2.98% this week, breaking the 3% threshold for the first time, as investors concerned about a resurgence of the COVID-19 pandemic fled to the safety of the bond markets and the Federal Reserve continued to scoop up securities backed by home loans. The average rate for a 30-year fixed mortgage fell to the […]

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Housing Market reacts to 4.8 Million New Jobs in June

Posted on July 6, 2020 by Anthony Vulin in Market Update, Real Estate, Uncategorized

In a big surprise this week, U.S. employers added a much-larger-than-expected 4.8 million workers to payrolls last month. According to data from the Bureau of Labor Statistics, the U.S. unemployment rate also fell to 11.1 percent. Market reaction was swift from U.S. housing industry association experts on the surge in job creation in June 2020.  […]

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