Let's take a look at rising interest rates and their impact on the Los Angeles Real Estate Market. We will assume a $1,000,000 purchase price with a 20% down payment of $200,000.
Interest Rate: 3%
Mortgage Payment: $3,373
LA Coun...
Leaving So Cal and moving to Boise: It's not a surprise to learn many So Cal residents are leaving the state. They are moving to a variety of destinations. Recently, we had a client sell her Shadow Hills equestrian home and move to Boise. She w...
The federal funds rate is the target interest rate set by the Federal Open Market Committee. This is the interest rate at which the Fed suggests commercial banks borrow and lend their excess reserves to each other overnight.
Just over tw...
It’s picture day! Your most important showing is today, and this is where you should put the most effort. First impressions count. How do you prepare for real estate photos?
The Basics:
Ideally, the home should be clean, with the yard, ...
Buyers typically begin their home search online. So, why don't buyers make offers on overpriced homes?
When searching online they often use their budget as search parameters. Many times, pricing a home above their budget will cause them t...
Preparing your front yard to sell is certainly simpler than preparing your home to sell. The first thing you should do is consult with your Realtor for their suggestions.
Usually the first recommendation I make is for the gardener to t...
There are many ways Harb & Co. will help you get your home market ready. Selling your house for top dollar is easier than you think. Before you start making any changes, it’s best to speak with a real estate agent. You don’t want to sp...
There are many smart home features for Los Angeles homeowners. And some are extremely simple to use. One of my favorites is the Nest thermostat.
Los Angeles Smart Homes: Nest Thermostat
I live in a two story home with a detached guest hou...
When the time comes to prepare your home for sale, bathrooms make a major impact. With home prices at record levels, buyers are looking for a spa like experience. Bathroom staging can be done on a budget.
The most important thing to reme...
Reverse mortgages can be complicated, but let's take a brief look at reverse mortgage solutions: Within 30 days of the borrower’s passing, the heirs are required to notify the reverse mortgage lender of their intent to pay off or sell. Then...