Home Sales Slowdown Only Temporary

After TRID Backlog Clears, Home Sales Expected to Normalize Again Home sales dropped drastically in November 2015, according to the National Association of Realtors. But what exactly caused the decrease? High prices? Threats of an interest rate increase? Normal holiday slowdown? NAR reported this week that existing home sales decreased in November to an annual rate of

Tight Housing Supply Will Continue in 2016

Low Inventory, Moderate Demand, Driving Price Increase The California real estate market has been a little Jekyll-and-Hyde the past 24 months. While home prices have shown healthy and sustainable increases from one year to the next, month-to-month activity has been inconsistent. One month it’s sizzling, and the next it’s dead. Homes are selling, especially in the Inland Empire areas

Be Safe When Selling a Home During Holidays

Our column from the Riverside Press-Enterprise, Dec. 20, 2014: The holiday season is a time for giving, sharing … and protecting yourself. As Americans prepare for family gatherings, with beautifully wrapped (and expensive) gifts under the tree, thieves are working overtime. The Grinch can spoil the party. But the real financial damage when Snoopy shows and finds the sensitive documents many people leave in the open. Here are some tips to help keep your home and your privacy safe during the holidays ...

Foreclosure Tax Break Headed for Extension

Our column from the Riverside Press-Enterprise, Dec. 13, 2014: The House of Representatives late last week approved a one-year extension of a bill that would shield distressed homeowners from paying massive tax bills after a short sale, foreclosure or loan modification. The U.S. Senate was scheduled to consider the bill late this week before recessing Dec. 11 for the holidays. If both chambers approve the tax-extender bill, it would then move to President Obama for a ratifying signature. ...

Pressure Mounts to Extend Foreclosure Tax Break

Our column from the Riverside Press-Enterprise, Dec. 6, 2014: The National Association of Realtors is putting pressure on Congress to extend an expired law that protected distressed homeowners from paying massive tax bills after a foreclosure or loan modification. As the holiday recess nears, federal lawmakers still have not acted on any of several bills to extend the federal Mortgage Forgiveness Debt Relief Act, which expired at the end of last year. ...