There was an interesting article on “The Street”, published several days ago, in which the author speculates that the 30 year mortgage, a traditional main stay of American home borrowing, will eventually be eliminated due to congressional bills that are in the process of being passed. The article can be read here. As a real […]
Over the last few weeks, my posts have reflected my bullish view on the Orange County housing, at least for the next 2 years, due to a improving economy and a shortage of inventory for both investors and home buyers alike. However, like all investors, I am obliged to check out the contrarian view to […]
It was quite a surprise to wake up this morning and see the home sales figures for June 2013. According to the Commerce Department, home sales surged 35% YOY for the month of June, despite rising interests rates. To read the full story, check it out here. As I had mentioned in my previous post, […]
Crowd funding has been the buzzword in the last few years when it comes to startups, prototype development and other types of projects. Well, guess it was a matter of time before it came to real estate. I thought it is quite a novel idea though to have the downpayment crowd funded in exchange, the […]
One of the biggest challenges I’ve been facing this year while investing in real estate has been the shortage of inventory. It’s one thing to sense this shortage in the daily bidding process or by looking at pure statistics, but nothing really hits home like a good old graph from the Commerce Department. As […]