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At first glance, January seems like it was a big month for the Los Angeles housing market… at least in some neighborhoods. The absorption rate had massive drops toward a buyer’s market in Northridge and Burbank. Then there was a significant drop in Encino which we’ll also examine a bit more in just a moment. That’s not to detract from decent bumps further into seller&rs...
There are the Great Lakes and the Mississippi River for soaking up nature, standout museums to explore, some of the most highly rated sports teams in the U.S. and easy access to award-winning barbecue (if that’s your thing). But the biggest highlight of the best metros for first-time home buyers? They all share relative affordability. We’re admiring these 10 metros beca...
If you’re looking forward to home prices dropping in the near future, you may want to read this. Our CEO, founder, and principal broker Harout Keuroghlian recently made clear his belief that we’re not going to be seeing home prices reduced by much, if any, in the foreseeable future. And when Harout has a “belief”, you can count on it being more of an educated guess. His ...
The collapse of Silicon Valley Bank and Signature Bank over the weekend has sent shockwaves through the financial markets, causing a significant drop in mortgage rates. As a result, the housing market is facing an unexpected opportunity for price-strained homebuyers and homeowners to lock in a lower rate. This drop in rates could offer an opportunity for price-strained homebuyers and hom...
The national housing market is entering an era marked by what’s absent — one that looks neither like pre-pandemic times nor the frenzied pace of the last few years. “This new normal will be one with far fewer listings and lower inventory than we’re used to,” says Zillow Senior Economist Nicole Bachaud. “But also without the kind of intense demand tha...
In this article: Types of first-time home buyer programs Down payment assistance Grants Penalty-free IRA withdrawal Closing costs assistance Discounts Interest reduction programs for buyers First-time home buyer loans State and local programs Loan programs for Native Americans The process of buying a home for the first time can be overwhelming — from...
Discover homeowner tax deductions that may save you money during tax season for simply owning a home. In this article: Standard vs. itemized tax deductions 7 tax deductions for homeowners What to know about home improvements and tax deductions 3 tax credits for owning a home Nondeductible expenses when buying and owning a home Additional resources for tax information Own...
Number seven is one LA-based interior designer’s “secret weapon” when staging a low light room. In this article: Questions to ask yourself before you shop for plants What makes a plant a good fit for your home? 7 plants experts can’t live without Which plants should you buy if you’re planning to sell your home? Where is the best place to buy ...
Estate planning involves deciding how to plan for the management of your money, property, and well-being before your death and how to distribute your money and property after your death. A comprehensive estate plan should consider the impact that taxes can have on your estate and ensure that your estate is distributed in a tax-efficient manner. There are several different types of taxes t...
Buyer October 25, 2022 When we were still kids, chances are we sketched our dream home as a square building with a rectangular door, a few windows, a triangle roof with a chimney, and a large yard with flowers and trees enclosed by a white fence. But when you enter the housing market as a prospective homeowner, you will find that you have many options for your possible dream abod...
