Where the buyers are Shadow inventory, meet the shadow households. Nearly one million households nationwide will be created in 2011 – roughly 130,000 in California alone – and start driving real estate sales and consumption in 2012, according to a prediction by industry analysts and IHS Global Insight. Generation Y-ers (Gen Y-ers) headline as the [...]
This article analyzes the proposed definition of the qualified residential mortgage (QRM), and how it will affect the future of California real estate.
Mortgage servicing violations perpetrated by Bank of America, Wells Fargo, JPMorgan Chase and Citibank (collectively known as the Big Banks) and other smaller mortgage servicers have prompted the federal Office of the Comptroller of the Currency (OCC) to issue formal enforcement actions against the violators. Each violating bank is required to sign a consent order [...]
This article analyzes the unspoken stifling effect the due-on-sale clause has on the California real estate market and the opportunity brokers and agents now have to abolish these negative impacts and forge long-term stability in the real estate market.
This article discusses the activities a California real estate broker is allowed to undertake for a fee when acting as an agent negotiating an interstate real estate transaction on behalf of an out-of-state client or regarding an out-of-state property.
A look at the legislation affecting real estate enacted during the 2009-2010 Legislative Session. For our archive of the Legislative Watch for years past, click here.
This article discusses the current residential vacancy rates in California and the pressure vacant properties place upon this decade’s real estate recovery.
This article introduces the labor and talent within the immigrant population as a positive factor driving California’s real estate recovery.
This article explains the current deflation created by the interplay between the Federal Reserve and mortgage lenders, and how it affects the homeowners and agents scrabbling in its wake.
This article explains the current deflation created by the interplay between the Federal Reserve and mortgage lenders, and how it affects the homeowners and agents scrabbling in its wake.
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