How long will low FRM rates last?; Higher ARM rates are less attractive; PMI — more expensive, but shorter-lived than MIP
Homebuyers weigh mortgage rate options; Monthly Statistical Update (May 2016)
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Buying Homes in Foreclosure
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California has the lowest SFR cap rates in the nation
With cap rates averaging just 2.7% to 3.6% in California, SFR investors ought to be concerned.
Chinese investors continue developing in Bay Area
Despite expectations of decreasing foreign real estate investments, Chinese developers are still hard at work in the Bay Area.
Low vacancies point to future construction boom; Monthly Statistical Update (April 2016)
Construction below historical average; A healthy homeowner vacancy rate doesn’t push much construction; More multi-family units needed
Low inventory in California signals more construction
California agents and homebuyers are feeling the squeeze of low inventory.
Today’s interest rates show low confidence in the economy; Monthly Statistical Update (March 2016)
Wall Street sees worsening mortgages; Inflation stalls; Yield spread suggests low chance of recession
EB-5 visa program encourages foreign real estate investment
This article explains the basics of the EB-5 visa program for foreign investors, as it pertains to California’s real estate market.
Bad news for tomorrow’s homeownership rate
Homeownership in California: As the Baby Boomer presence wanes, will younger generations pick up the slack?
15- versus 30-year FRM for building equity
The gateway to homeownership for most is a mortgage. Fixed rate mortgage (FRMs) are the smartest option for all but the most savvy investors. This leaves just one question: which is better, a 15-year or 30-year term? A 15-year FRM can be a good option, because: it...
Errata & Updates
- Effective January 1st, 2021, California homeowners qualify for a net equity homestead protection of up to $300,000 or the median sale price for a single family residence (SFR) in the homeowner’s county in the calendar year prior to the year in which they claim the exemption, not to exceed $600,000 (adjusted annually for inflation). [CCP §704.730] For more on this topic, see Form-of-the-Week: Homestead exemption, an asset preservation declaration – Form 465