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A Buyer’s Perspective

New Real Estate lending changes coming on January 10

New Real Estate lending changes coming on January 10

This just in from Russell Cerpa, one of my preferred mortgage lenders: As it stands some lenders can qualify loans up to 48%-50% of the applicant's monthly gross income. Next year the debt to income threshold will decrease by 5%-7% this will...

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Pasadena Luxury Condominiums

Pasadena Luxury Condominiums

Last week, Joe (Harb) and I revisited the luxury condominiums in Pasadena at 920 N. Granite Drive.   In the heart of Pasadena's desirable South Lake Ave District, Granite Park was originally offered for sale several years ago and about 50...

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What a home buyer will pay more for

Although the local real estate market has stabilized, affordable homes in the highly desired Los Angeles neighborhoods are still hard to come by.  Most home buyers need to sacrifice a portion of their wish list, it could be lot size, square fo...

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Los Angeles Home buyers don’t panic!

Natalie took a few days off for the long weekend and I have been showing homes like crazy.  Although, the real estate market is changing, it is no longer a red hot sellers market.  Affordable homes in move-in condition are still selling like ...

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So what’s a Los Angeles home buyer to do?

So what’s a Los Angeles home buyer to do?

Being a home buyer in today’s competitive real estate market is not for the faint of heart. Demand is high for affordable (and not so affordable) housing. Each community has their own threshold, in Burbank the under $750,000 real estate marke...

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