West Los Angeles Real Estate Blog

FREE daily articles powered by the latest housing data to help your clients make the best decision when buying or selling properties.

Jan. 28, 2022

First-time homebuyer guide: 10 steps to get you started

The first time you try something, you’re bound to make mistakes. But mistakes buying your first house can cost you dearly for years to come. Fortunately, you don’t have to go it alone. 

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Jan. 27, 2022

How Will Rising Interest Rates Effect You

The Federal Reserve laid the groundwork for interest rate hikes Wednesday.

At the conclusion of its two-day meeting, the central bank said it will aggressively unwind last year’s bond buying after a variety of inflation reports reached their highest levels in decades.

Although interest rates will stay near zero for now, Fed officials set the stage for the first of multiple rate hikes starting as soon as March as they look to contain soaring inflation.

“With inflation well above 2 percent and a strong labor market, the Committee expects it will soon be appropriate to raise the target range for the federal funds rate,” the central bank said in a statement.

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Jan. 21, 2022

West Hollywood Housing Market: February Insight

West Hollywood Housing: February InsightIn West Hollywood, CA home sales dropped nationally from November to December as listings became even more scarce.

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Posted in Market Updates
Jan. 21, 2022

West Hollywood Housing Market: January Insight

In West Hollywood, CA home sales dropped nationally from November to December as listings became even more scarce. More homes are coming on the market in January, but

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Posted in Market Updates
Jan. 17, 2022

California Refinance Rates at 1.88% FIXED (1.97% APR)

Whether you’re looking to buy or refinance, check out this info that can help you compare today's California mortgage rates. For January 17, 2022, we found a good offer for you from a lender: California Refinance Rates at 1.88% FIXED (1.97% APR) (lendgo.com)

Jan. 10, 2022

The Differences Between a Real Estate Agent vs. a Broker vs. a Realtor

The terms are often used interchangeably, but they aren't exactly the same

Planning to buy or sell a home? There's a good chance you'll work with a real estate agent, broker, or Realtor. Though all of these real estate pros are licensed to help you buy, sell, or rent a home, they are distinct from one another, especially when it comes to their qualifications and which rung of the professional ladder they occupy.

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Dec. 28, 2021

15 Best Questions to Ask When Buying a House

Before making an offer on a house, you want to be absolutely sure that it’s “the one.” But with so many options out there, how do you find your perfect match?

 

Finding the right home involves research, so you’ll need to ask the right questions. That way you know you’re making a competitive offer on a home that you can afford — and meets your long-term needs.

 

To weed out the duds from the diamonds, here are 15 questions to ask when buying a house.

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Dec. 22, 2021

How to Get A Mortgage Pre Approval

It can be hard to shop for a home without knowing how much you can afford. Mortgage pre-approval lets you shop smarter and make stronger offers. Let’s look at what it means to get pre-approved and how to get started.

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Dec. 22, 2021

14 Worst Home Buying Mistakes | Rookie Mistakes in Home Buying

1. Avoid the Temptation to Raid the Emegency Fund

You really ought to do your best to keep your emergency fund intact when you buy a home. This is true even if you have to pay for mortgage insurance. Many first-time home buyers use all of their savings when they close the deal. After all, buying a house is an expensive process. There’s the down payment, legal fees, real estate fees, etc, etc. 

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Jan. 9, 2020

5 TACTICS TO HELP GET YOUR NEGOTIATIONS OFF DEAD CENTER AND INTO A CONTRACT

 I must break you,” Ivan Drago told Rocky Balboa in “Rocky IV." (Spoiler: He didn't.) It’s the exact sentiment you may feel while staring at your dream home, thinking about its sellers, and pondering what to do when negotiation talks go cold.

Now you might not be able to break hard-headed sellers, but you can probably warm them up enough to at least bend a bit. We asked accomplished experts what home buyers can do when a real estate Cold War sets in.

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