REAL ESTATE MARKET TRENDS

For those who have been sitting on the fence, concerned that home prices will be dropping….it’s time to jump in the market! According to HousingWire low mortgage rates, a shortage of inventory and increasing household incomes will support rising home prices with buyers facing increases of 5.4% by July 2020. Click here to read more Continue reading

MORTGAGE MONDAY

Are you ready to buy your dream home, but unable to come up with the 20% downpayment? Don’t give up!!! The FHA has a loan for you! The FHA has been helping Americans buy homes since the Great Depression and new affordable loan options allow smaller down payments while resolving some of the underwriting challenges borrowers face. US News and World Report reviews the best FHA loan programs and the lenders best suited to meet your particular needs. Click here to read more Continue reading

DESIGN TRENDS: A CONVERSATION WITH DESIGNER ACHILLE SALVAGNI

Trained as an architect in Rome, Achille Salvagni then immersed himself in the modern design world of Sweden. His unique skill set and perspective has made him one of today’s most renowned designers of interiors, furniture and accessories with a client list that reads like a “who’s who.” Here he talks about his inspiration, his drive for craftsmanship and how he achieves such extraordinary results. Click here to read more Continue reading

CELEBRITY MOVES

It’s a really fun Wednesday when I can report on the moves of one of my favorite celebs! Put her name in the credits and you can bet I will go see the movie, so when I caught that Olivia Wilde and her longtime beau Jason Sudeikis had just closed on a house in the Silverlake Hills with some super-cool pedigree I had to share. Muted tones and natural materials give the home the easy, relaxed vibe you would attribute to Ms. Wilde. Elegant without being fussy at all, the house has a zen-like peaceful feel. Outside, a lush lawn and saltwater pool sit in complete privacy, making this the perfect in-city getaway. Click here to read more Continue reading

NEWS YOU CAN USE: NEW LIMITS ON HOME EQUITY LOANS

As home values increase cash-out refinancing becomes increasingly popular. Whether to pay off student loans, make major new purchases or finance home improvements, the result is a decrease in value to loan ratios that can be risky for homeowners. To address this, the FHA has recently announced new limits on cash-out refinancing. To learn more, read on…   Click here to read more Continue reading

DESIGN TIPS AND TRENDS

Architectural Digest stylists Colin King, Mieke ten Have, and Michael Reynolds shares their secrets for creating spaces that are unique and distinctive, reflecting the personalities and aesthetics of the homeowner. Don’t be afraid to go bold and unexpected! The end of the days of the cookie-cutter interiors driven by the latest fads and trends are long overdue. Click here to read more Continue reading

CELEBRITY MOVES

A big, beautiful contemporary home high in the hills with walls of glass looking out over a lush green lawn and pool with the lights of Los Angeles twinkling in the horizon….isn’t that the quintessential CA dream home? This Hollywood Hills home apparently had the right magic for Olympic skateboarder Shaun White and then again for Shark Tank star Robert Herjavec who purchased it from him in 2017. But now it seems the dream may have faded a bit as with no hot buyer prospects Mr. Herjavec has dropped the asking price to $6.495M, a rather significant loss from the price he paid when he bought the house two years ago. And that is how a shark becomes a starfish… Click here to read more Continue reading

MARKET MOVES: IS THE US HOUSING MARKET HEADED FOR A COLLAPSE?

As Mark Twain once noted in response to his obituary that erroneously appeared in a US newspaper, “The reports of my death have been greatly exaggerated.” And so it goes with the US housing market. Despite the Henny Penny’s out there who have been nervously squawking that the market is collapsing, many experts are pointing to the underlying economics as proof that the market is, in fact, normalizing. Falling interest rates have awakened buyers and consumer sentiment about the market has jumped…all good signs. So don’t be afraid! Take advantage of these low rates and let’s start looking! Click here to read more Continue reading

MORTGAGE MONDAY

Lately, there’s been a great deal of discussion in the media about negative mortgage interest rates. And now with the announcement that Danish bank Jyske Bankre is offering a fixed-rate mortgage with a rate of -0.5% people are asking, “Is it real?” The answer is not simple, but amidst the threat of stagnant global growth, worldwide concerns about recession and the impact of trade wars investors are looking for safe havens to protect their investments. A slight negative return on investments begins to look attractive as stock and bond prices plummet. For more on negative returns read on… Click here to read more Continue reading

CELEBRITY MOVES

If you’re as fascinated as I am at how young celebs live, take a look at this Toluca Lake estate that was home to Justin Bieber and Hailey Baldwin before they purchased their current mansion in Benedict Canyon. The 5 bedroom, 6 1/2 bath house complete sits on the private 6-acre lake and comes complete with a sound recording studio, lagoon pool and aa dock to tie up your watercraft. It can be all yours for the asking price of $8.45million. Click here to read more Continue reading