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Recent Posts

Can you afford not to have the experience of a REALTOR® by your side?

Can you afford not to have the experience of a REALTOR® by your side?

There is so much information readily available online, and the big question is…Why should we hire a REALTOR® ? A REALTOR® is a Client Advocate. Only members of the National Association  of Realtors can call themselves REALTORS® REALTORS® are Real Estate Specialists. REALTORS® Lower Your Risk. When you have […]

Going solo could be costly when buying a home

Going solo could be costly when buying a home

By, Sandy Flores Broker, If you think hiring an agent when trying out a home sale or purchase is old news. it’s not, 88% of home buyers still purchase homes via real estate agents. True, the existence of home buying and selling websites, 1% commission […]

Considering buying your First Home?

Considering buying your First Home?

By Sandy Flores Broker   In the past three years, prices of homes in Los Angeles have soared by 30 percent. In many areas, you’ll find a seller’s market. Only a three months’ supply of home available with 5,538 properties (single family homes and condos) […]

Tired of building your landlord’s equity instead of your own?

Tired of building your landlord’s equity instead of your own?

By, Sandy Flores Broker Making that leap from renting to owning a home comes with many strings attached both financially and emotionally. And even though home ownership comes with great responsibility, you might be surprised how achievable it can be. You can make the Dream […]

Secured Property Taxes Due on November 1st.

Secured Property Taxes Due on November 1st.

All property owners in California must pay taxes that are based on the value of their homes or commercial property. Property taxes are paid in two installments. The fiscal year’s first property tax bills are mailed out on October 1st; the first installment is due […]

4 Reasons to Sell Your House This Winter [INFOGRAPHIC]

4 Reasons to Sell Your House This Winter [INFOGRAPHIC]

Some Highlights: Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available! Housing inventory is still under the 6-month supply needed to sustain a normal housing market. […]

No Bubble Here! How New Mortgage Standards Are Helping

No Bubble Here! How New Mortgage Standards Are Helping

Real estate is shifting to a more normal market; the days of national home appreciation topping 6% annually are over and inventories are increasing which is causing bidding wars to almost disappear. Some see these as signs that the market will soon come tumbling down […]

Don’t Get Caught in the Rental Trap in 2019

Don’t Get Caught in the Rental Trap in 2019

Every year around this time, we take time to reflect and plan for next year. If you are renting your current home but have dreams of homeownership, your plan for the new year may include buying, and you wouldn’t be alone! According to the 2018 […]

New Conforming Loan Limits for 2019

New Conforming Loan Limits for 2019

By Sandy Flores, FHFA Announces Maximum Conforming Loan Limits for 2019.  Fannie Mae and Freddie Mac Baseline Limit Will Increase to $484,350 The Federal Housing Finance Agency (FHFA  announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in […]

¿Piensas Comprar una Casa sin Agente?  ¿De veras?

¿Piensas Comprar una Casa sin Agente? ¿De veras?

By Sandy Flores Broker, Si realmente piensas así,  es importantísimo que te prepares para todos los problemas que pudieras enfrentar y afrontar durante el proceso sin tener nada de conocimiento. Definitivamente Comprar una casa sin agente no es tu mejor opción. El proceso de comprar […]

Buying a Home Without a Realtor?

Buying a Home Without a Realtor?

By Sandy Flores Broker, If you really are considering buying a home without a Realtor,  you better get ready for the unknown facing such a big enterprise just on your own.  Home buying without an agent is not your best option.  The process of buying […]

Predicting Housing and Economy’s Path in 2019

Predicting Housing and Economy’s Path in 2019

Economic growth is expected to pick up sharply in the second quarter, despite growing trade tensions Fannie Mae July 2018 Economic and housing prospects. This means that real GDP growth for the whole year-round growth period is 2.8%, slightly higher than predicted by Fannie in […]

What You Should Consider When Buying a Condo?

What You Should Consider When Buying a Condo?

By Sandy Flores There are many reasons to consider buying a condo instead of a house.  Many of the reasons for buying a condo instead of a house usually include the price. The condos are cheaper than a house, and therefore this is reflected in the […]

Frank Lloyd Wright’s Iconic ‘Ennis House’ Hits The Market For $23M

Frank Lloyd Wright’s Iconic ‘Ennis House’ Hits The Market For $23M

In the Los Feliz neighborhood of Los Angeles come to the market for $ 23 million; after the last sale in 2011 for almost $ 4.5 million. The current owner made a $ 17 million refund after the home deteriorated over the years and suffered […]

Appeals Court Finds FHFA Structure Unconstitutional

Appeals Court Finds FHFA Structure Unconstitutional

The Fifth Circuit US Court of Appeal in Texas recently concluded that the leadership structure of the Federal Housing Finance Agency (FHFA) is unconstitutional. The three-member panel of judges, led by Chief Justice Carl Stewart, heard a case filed by three GSE shareholders, Fanny May […]


Predicting Housing and Economy’s Path in 2019

Predicting Housing and Economy’s Path in 2019

Economic growth is expected to pick up sharply in the second quarter, despite growing trade tensions Fannie Mae July 2018 Economic and housing prospects.

This means that real GDP growth for the whole year-round growth period is 2.8%, slightly higher than predicted by Fannie in June, but is unlikely to continue. By report Fannie Mae “estimates that the 4.2% growth expected in the second quarter is unsustainable for the year’s balance sheet, as the trade contribution is likely to be temporary.”

Fannie said the effects of fiscal policy seem gradually in the second half of 2019, and GSE expects the 2019 growth to slow down to 2.2%.

“While we are celebrating the ninth anniversary of economic expansion with what is likely to be a stable second quarter, we are also exploring whether growth in the last quarter will mark a high point for the rest of the cycle,” said Doug Duncan, Chief Economist Fannie Mae. “Together with the ongoing tightening of monetary policy, we expect fiscal stimuli that helped consumer, business and government spending to weaken when we move in 2019. And while trade secured significant equalization in the last quarter – partly because of the kidnapping of foreign firms to redirect its imports from the US before the announced tariffs – we expect trade to be once again dragging forward. ”

Fanny said growth in consumer and government spending, inventory investment and a weaker commodity deficit helped boost GDP in the second quarter. However, the report states, “while fiscal stimuli should continue to support these costs in the second half of 2018, strengthening the dollar and the possibility of a wider range of tariffs could turn trade into a significant denial of growth” .

GSE is also nervous about how “commercial wars” will play between the US and other nations.

“The deterioration in rhetoric and trade policy uncertainty has the potential to have a negative impact on business moods and investment costs and hiring,” Fannie Mae said.

Best of all, things in the housing market, however, must be stable as it will play the next year and a half, although the inventory is likely to remain a constraint. “In terms of housing, the same inventory constraints continue to drive accessibility and sales as demand exceeds supply, and house prices continue to grow with a quick clip,” Duncan said.

According to the report, Fannie Mae  expects to see the end of 2018 with about 18.4 million homes in general, then build up to 19.4 million by the end of 2019. Average house prices also have to stay in the middle of $ 300,000 in the next 12 months, while mortgage rates are up 4.6% by the end of next year, Fannie Mae said.

Fannie Mae, however, expects two additional interest increases this year, given “the stability of inflation and the Fed signaling that it is willing to tolerate the reverse yield curve.” Most likely, pedestrian crossings will occur in September and December. Economic Jun June has also improved. Fanny called this news “stimulating” the growth of consumer spending.

Learn what Fannie Mae said about economy and housing in May:   Fannie judges economic and housing impulses