democrats: What you need to know before renting a home in 2017
- 07/19/17 08:35 PM
Are you thinking of signing a lease rather than buying a home? Stop! Read this before signing on the dotted line! Times have changed and the fear of a 40% market crash have all but disappeared. Fear of loss is outweighed by personal and financial benefits. Why did the real estate market crash in 2006? It was political and both parties were to blame. Democrats felt as though home ownership was the right of all Americans and Republicans went along with the idea. The government forced banks and lending institutions to lend out money. Creative financing was created. First came Interest Only Loans. Then came (28 comments)
Predictions for 2017 Interest Rates go above 5% Home Prices rise 7% Rental Rates rise 5% Inventory rises Home Price Reductions rise dramatically Time on market rises dramatically Millennials become a major force driving the real estate market Stock Market drops drastically Isis becomes less of a threat Democrats become the new party of no Donald Trump shows his short comings both internationally & domestically Oil Prices rise above $80 per barrel New Social Media Site brings in millions of followers Let's check back in January 2018 to see how close we came. Your Friends & Realtor, Tony & Dani Lewis RE/MAX of (8 comments)
Real Estate in my opinion. The idea of this blog is to communicate the current state of real estate and home sales and listing information as it relates to residents of Valencia, Stevenson Ranch, Saugus, Castaic, Newhall, Canyon Country, the Santa Clarita Valley and Santa Clarita, California. This information will help people in Los Angeles, Los Angeles County and the state of California to see how homes and real estate is progressing in one of Southern California's premier communities!