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When Do Interest Rates Hurt Real Estate Investing?

The days of super-cheap mortgages are likely over. After years of near zero interest rates, the Federal Reserve is raising its benchmark rate, currently at 1.9 percent. Like a ripple across a still pond, as the Fed rate goes so do other important interest rates. And several more increases are expected. Arguably the most important interest rate […]

The Rise of the Single Female Homeowner

Many women aren’t waiting for a man or a marriage before they buy a home nowadays. Single women may not have as much buying power as single men, but they aren’t letting that stop them from achieving homeownership. While a 2018 Zillow study indicates single women can only afford to purchase 39 percent of U.S. homes […]

Two Presidents Died on the Same July 4: Coincidence or Something More?

  On July 4, 1826, America celebrated 50 years of independence as, just a few hours apart, two of its Presidents took their final breaths. At the time of his death, Thomas Jefferson was 83, while John Adams had turned 90 the year before. Though both were unwell, their deaths came as a surprise to many—particularly as they coincided with […]

November’s Ballot will ask…. “Hey, how do you feel about splitting into three states?”

A proposal to divide California into three states — Northern California, California, and Southern California — qualified last week to appear on the ballot in November’s general election. It received over 458,000 valid signatures, more than the number required by state law to get on the ballot, thanks to an ambitious campaign called Cal 3 and financial […]

Home values are up — despite millions of Americans underwater

In the first quarter of 2018, homeowners with mortgages saw their equity grow 13.3 percent, or $1.01 trillion, according to the new CoreLogic Home Equity Report   While homeowners are rapidly regaining equity after a few tumultuous years, millions of Americans remain tethered to mortgages on properties that have fallen in value, according to a […]

Where America’s Graying Population Lives

The U.S. population has changed substantially in the last half century, growing by nearly 63 percent. Perhaps the two most prominent demographic changes over the past 50 years relate to age. In 1968, the baby boom had just ended, and the oldest members of its cohort were only 22 years old. As baby boomers age, the […]

Hot housing market: home buyers are spending more than expected

Home buyers are busting budgets — and in some cases selling things they love — to snag their dream houses. A third of home buyers blew through the upper limit of what they planned to spend, topping that cap by an average $16,510, according to a Owners.com survey of 1,214 Americans who purchased a house within the […]

High Housing Costs Are Driving Californians Out in Droves

Most of those who leave make less than $50,000 a year; many work important low-skill jobs Angelenos and San Franciscans know their housing is insanely expensive, but California on the whole has some of the most expensive housing in the US, and that’s driving many poor and middle-class Californians out, says a new report from Beacon Economics […]

Malibu Home Sale Sets LA County Record For Most Expensive

In the most expensive home sale ever for Los Angeles County, the priciest home on Malibu’s famous Billionaire’s Beach has found a buyer. Hotelier Peter Morton has an agreement in place to sell his oceanfront property in Malibu’s Carbon Beach, better known as Billionaire’s Beach, to natural gas billionaire Michael S. Smith and his wife, […]

Trying to stay sharp? STANDUP!

If you want to take a good stroll down memory lane, new research suggests you’d better get out of that chair more often. In a first-of-its-kind study, researchers have found that in people middle-aged and older, a brain structure that is key to learning and memory is plumpest in those who spend the most time […]