Preferred Properties and Investments

another successful sale in Duarte... we can help you and your family too. This was a notice of default and short sale...

Last week, the National Association of Home Builders (NAHB) reported their Housing Market Index (HMI) hit an all-time high in the 35-year history of the series with a score of 83. The index gauges builder perceptions of current single-family home sales and sale expectations for the next six months, as well as the traffic of prospective buyers of new homes. As the following chart shows, confidence dropped dramatically when stay-in-place orders were originally mandated earlier ...this year. Since then, it has soared back. Home Builder Confidence Hits All-Time Record | Keeping Current Matters Looking at the three-month moving averages for HMI scores, confidence increased in every region of the country: The Northeast increased 11 points to 76 The Midwest jumped 9 points to 72 The South rose 8 points to 79 The West increased 7 points to 85 Confidence Is Validated by the Numbers This confidence is definitely warranted. According to a recent NAHB report, single-family housing starts increased 4.1% to a 1.02 million annual rate, and single-family permits increased 6% to a 1.04 million unit rate, meaning newly constructed homes are on the rise. A separate report from the Mortgage Bankers Association (MBA) shows mortgage applications for new home purchases increased by 33.3% compared to a year ago. Joel Kan, Associate Vice President of Economic and Industry Forecasting at MBA, commented on the numbers: The housing market continued to exceed expectations in August, as housing demand for new homes stayed strong and the job market continued to recoverThe new home market has maintained its path of recovery throughout the summer, and record-low mortgage rates and households seeking more space will likely continue to drive demand into the fall. Bottom Line Lowest interest rates - increase in rents. More people are looking to buy your home. Contact me.

ask people who have rented for the last 10 years what do they have to show for it vs. the people who have owned for the last 20 years. The people who have owned for the last 20 years can now pull money out of their home and purchase investment properties to create a 2nd income.... interested??? lets talk....

from a Forbes article about the housing market -- Homeowners can’t officially be foreclosed upon until Dec. 31. Those who have federally-backed mortgages can negotiate a forbearance, which is when your mortgage servicer or lender allows you to temporarily suspend or reduce your mortgage payments while you regain your financial footing. Depending on the terms, homeowner forbearance terms could start expiring now, with most expiring over the next year, as determined under the CARES Act. This is all setting up a situation in which protections and assistance could all expire during the first half of 2021 and create a wave of evictions and foreclosures.

Will The Latest Stimulus Proposal Stop A Potential Housing Crisis In 2021? Liz Farmer How to stop a potential wave of evictions and foreclosures next year if the economy doesn’t rapidly improve....Continue reading

good afternoon f/b tribe. I need an inspector for 4 condos in ventura, 3 in one complex. all single level, slab foundation. get everything done in one day. who can do this... thank you in advance.

who wants to move Into Granada Hills. Who in your data base is ready to move up to Granada Hills? 17016 Goya St. Granada hills, 4 Bedrooms 2383 sq. ft charming 2 story home on a ... 10523 sq ft lot. Offered at only $778,000 We are having showing Appointments for this home from 7/13 and 7/17 3:00 pm to 6:00. Please send the Needed C19 forms via this email address, Masks at the door in order to enter. Michael R. Maldonado dre 01120168 See more