Archive for the ‘Local Video’ Category
Culver City Real Estate Market: Are Home Buyers Back in the Market?
by Mike King on February 22, 2011As human beings we experience a lot of emotions as we go through life. There is one emotion that arguably is the most debilitating when it comes to taking action, FEAR!
When gripped by the anxiety that fear instills upon us, it is almost impossible to make a good decision or, sometimes, even attempt to take any action at all.
Will California Be Hit With A Flood of Foreclosures?
by Mike King on February 18, 2011The national media is talking a lot lately about the real estate market being hit with a flood of foreclosures in the coming months. Their rationale for this, is that, towards the end of the summer last year, a lot of lawsuits surfaced because of banks using “Robo signers” to clear the way for homes to be sold at auction.
What Home Buyers Need to Know about Fannie Mae and Freddie Mac
by Mike King on February 17, 2011If you are in the market to buy a home right now then you need to know that, as of April 18th 2011, Fannie Mae and Freddie Mac are going to be increasing the cost of borrowing. These two former GSE’s (now in conservatorship with the Federal Government) account for about 90% of the loans in the entire United States, so this will affect a lot of borrowers.
How the New Real Estate Tax in the Health Care Reform Law Affects Home Owners
by Mike King on January 26, 2011Yes, there is a new tax that will be imposed on certain real estate transactions commencing in the year 2013. There are two main qualifiers.
1 – You will have to earn more than 200,000 a year, if you are single, or 250,000 a year if you are married.
Understanding Shadow Inventory in the Real Estate Market
by Mike King on January 19, 2011Even if you are a Real Estate novice, you will most likely have heard the term, shadow inventory, through at least one of the mainstream media outlets. What is shadow inventory? Simply stated it is property that is currently under the ownership of banks and other lending institutions that is not currently listed for sale on the open market.
2 Reasons Why Homes are Receiving Multiple Offers Again
by Mike King on January 18, 2011There are Realtors in other parts of the country that do not believe me when I tell them I am in the middle of negotiating multiple offers. Their markets are seeing 10 months worth of Inventory, and climbing, because buyers are not out in force looking to buy a home or condo right now.
How to Decide if You Should Buy a Home or Continue Renting
by Mike King on January 17, 2011This is the oldest question, as it relates to buying and selling real estate, there is. When should I buy, is now the time or…Read more »
Why Good Real Estate Agents Love a Tough Housing Market
by Mike King on January 14, 2011What a difference a couple of years makes. It seems like only yesterday all an agent had to do was list a home and they…Read more »
Real Estate Forecast: Will Selling Homes be Easier in 2011?
by Mike King on January 13, 2011One would like to believe that the worst is behind us in regards to the recession and in particular the Real Estate market. There could…Read more »
Home Prices: Why Some Banks Predict a Price Drop 2011
by Mike King on January 12, 2011I read a report today that said banks were predicting a fall in home prices of between 3.5% and 8% in the first half of…Read more »
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