Archive for November, 2008

November Market Update + New Capital Gains Tax Law in 2009 – 11.21.2008

Friday, November 21st, 2008

Congratulations to Anna Maria and Rohit & Ankur for closing on their new homes this week.  I wish everyone much happiness in your new homes.  For Cliff, hopefully the third time is the charm. Congratulations on your new contract this week! With the holidays approaching, this is typically the time of ...

New Conforming Loan Limit: $625,500 for L.A. County – 11.14.2008

Friday, November 14th, 2008

Last week, the Federal Housing Finance Agency (FHFA) announced what most of us have known for months now: The conforming loan limit for the U. S. is to remain at $417,000 in 2009, with varying differences in some areas. According to the news release, “The conforming loan limit is the ...

October Market Report – 11.7.2008

Saturday, November 8th, 2008

The elections are behind us and buyers appear unaffected by the outcome.  In fact, they are moving forward and taking advantage of the low interest rates and great values. In the second half of 2008, many buyers took advantage of the typically steady and historically low interest rates in spite of ...