foreclosures in california may be slowing down... - 10/21/09 01:11 PM
The LA Times is reporting today that an expected flood of foreclosures may not come to pass, as financial institutions work to help owners stay in their homes.  The number of foreclosures in California for the 3 months ending September 30th was down 37% over the same period last year, when foreclosures in the state reached an all time high.
"It's not out of the goodness of their hearts," John Walsh, president of MDA DataQuick, which provides real estate research, said of lenders' reluctance to foreclose. "It's because they've concluded that flooding the market with cheap foreclosures in this economic environment … (1 comments)

a primer for first time buyers.... - 10/06/09 03:34 PM
Another worthy story in the LA Times last week that I wanted to get posted for clients on the fence, and Realtors who are welcome to re-post.  As we ALL know, this is the time for first time buyers to take the plunge.  Prices are down (possibly all the way before they start back up) and interest rates are insanely low.  Factor in the $8,000 first time homebuyers credit, and you have the perfect storm for first time buyers ready to get into the market.
This is a great article that will help consumers get an idea of what they need … (3 comments)

CALL TO ACTION: $8,000 tax credit...the clock is ticking. or is it?? - 10/06/09 03:02 PM

By now everyone is aware of the $8,000 tax credit being offered to qualifying first time home buyers.  Originally it had to be repaid, now it's a freebie that is part of the larger economic stimulus plan.  The official end date for the program is November 30th, 2009.  This means that transactions have to be CLOSED by that date.  Given how long it's taking many loans to get approved even for the most stellar of candidates, that means that time is running out for those looking to cash in on the program before it expires.
There is, however, talk of extending … (0 comments)

LA times reports on increasing availability of architectural gems... - 10/06/09 02:25 PM

I wanted to get this posted last week after the article ran, but didn't get to it, so here it is.  LA Times ran a great piece about a steadily increasing supply of architecturally significant properties. With the drop in prices that the Southland has seen in the past couple of years, the possibility of purchasing a property by a well-known architect has become a greater possibility for many buyers. 
Who knew an original Schindler could be had for $265,000.  They're out there, folks!
Go here for the whole story....
… (2 comments)

 
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Jefferson Hendrick

Prospective Partners

West Hollywood, CA

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A home is not a home because of its room dimensions or the color of the walls. It is about how you feel when you walk through the front door. And the way you can instantly envision your life unfolding there.

This is about more than real estate. It is about your life and your dreams.



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