Mortgage rates surged again today as the underlying bond market continued to capitulate to selling pressure. Let's talk about what that means in plain English! Capitulation in financial markets … Continue reading...
Mortgage Rates:60 year cycle – Rates are increasing for the next 20-30 years
The 10-year Treasury note is at 2.68% in January 2019. This is up from a cyclical low of around 1.5% in mid-2012. Interest rates rise and fall in a cycle, and the upcoming rising trend will begin … Continue reading...
This $1 Billion Beverly Hills Estate Is Los Angeles’ Most Expensive Ever
Listed for $1 billion, The Mountain of Beverly Hills is officially the most expensive property in the history of Los Angeles (if not the world). Let that soak in. Yes, billion with a “b”—as in Bezos, … Continue reading...
Santa Monica Open House Schedule
The market is Heating up here!!! Santa Monica Open House Schedule for this Weekend - Saturday and SUNDAY- 01/24/2018 GO To: www.SantaMonicaOpenHouse.info (Yes, my Site!) #ThomasRayAgent Get … Continue reading...
The Santa Monica, DTLA and Los Angeles Condo Market Shows a Huge Gain
The Los Angeles condominium market continues to heat up with figures for August, September, and October of 2017, showing a 7.9 percent increase in the median sales price over the previous year. In … Continue reading...
Home Buyer: Is 20 Percent Down Still the Rule?
You’ve most likely heard the rule: Save for a 20-percent down payment before you buy a home. The logic behind saving 20 percent is solid, as it shows that you have the financial discipline and … Continue reading...
Rebate Offer Extended for Fire Victims in Southern CA, Santa Monica, Malibu and Surrounding Areas
The Southern California Fires have devastated many area homes. Because of this, I am extending my Buyer's Rebate through August 2018. Please go here to see the details: Buyer's Rebate Extended … Continue reading...
What's Your Home Worth? FREE Home Value Estimator | Thomas Ray, M.S. REALTOR®
Are you thinking of Selling your Home? Allow me to send you a Real Estimate based on current property values. I previously worked with Bank of America doing Field work to evaluate distressed … Continue reading...
Income Property Santa Monica | 2117 Stewart St, Santa Monica, CA, 90404
$1,749,000 4 Plex Open House Today 11/24/2017 2-230pm!!! 2117 Stewart St is a Fabulous Fourplex located in Santa Monica, one of the nation's most in-demand neighborhoods for both tenants and … Continue reading...
Twenty percent of existing-home sales in October 2017 were all-cash – Thomas Ray REALTOR®
Existing-home sales totaled 5.48 million, a 2.0 percent increase from September but a 0.9 percent decrease from one year prior. Inventory decreased 3.2 percent to 1.80 million, 10.4 percent below one … Continue reading...
