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Why there is Opportunity in Today’s Real Estate Market
Beginning in the 1970’s, California’s cities have been implementing planning restrictions to slow urban sprawl and preserve the character of existing neighborhoods by restricting density. The unintended result has been a growing housing shortage, such that by 2018, California ranked 49th among the states of the U.S. in terms of housing units per resident. This […] Read More
First Quarter 2022 Real Estate Status Report
Inflation has soared to its highest rate in four decades. The Federal Reserve has responded by raising their overnight lending rate and indicating that they may do so at each of their seven meetings this year. Mortgage rates climbed the first quarter of this year from the low 3’s well into the 5’s. […] Read More
If You have Suffered Fire or Smoke Damage
To our clients and business partners: If you have suffered damage and/or loss due to the wildfires, we are terribly sorry and wish for you a hasty recovery. We have been contacted by several of you requesting information related to mortgages and the processing of insurance claims. We will not re-iterate the […] Read More
The Three Rules of Credit
Our clients often hear us say, “Credit score is everything!” In the world of mortgage lending, credit score can determine rate, loan amount and debt-to-income qualifying guidelines. And if a borrower’s credit score is not high enough– no explanation, letter or circumstance matters, only the score. Fortunately, for those who do not have significant derogatory […] Read More
California Color
Who says that we don’t have seasons in California? The simple fact of the matter is. . . we have it all (if you know where to find it)! If you want some spectacular fall color—try out one of these California locales. North Yuba River Canyon and Sierra City The Yuba-Donner Scenic Byway (Highway 49), […] Read More
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