Beverly Hills Market Report – Third Quarter ’09

October 13, 2009 by Jane Peters · Leave a Comment 

The properties on the market in any given month where a buyer could have written a first position offer to purchase it at any time during that month.  Different from Months Supply of Inventory below.  The number has increased 3%. The number of properties going into contract on any given month shows the sales activity.  [...]

Los Angeles First-Time Homebuyers Beware of Hidden Costs

Los Angeles First-Time Homebuyers Beware of Hidden Costs

May 2, 2010 by Jane Peters · Leave a Comment 

There was an interesting article in the Los Angeles Times today which spurred me to write about the hidden costs of homeownership.  Los Angeles first-time home buyers may not be aware of what is involved over and above the amount they have in mind after their lender presents them with based on the PITI, principal, [...]

Congress Approves the Expansion of the Home Buyers Tax Credit

Congress Approves the Expansion of the Home Buyers Tax Credit

November 5, 2009 by Jane Peters · 2 Comments 

The House of Representatives voted today to extend the home buyers tax credit, expanding it to include existing homeowners who have lived in their current residence for five a minimum of five years. The tax credit is extended until April 30, 2010 with an extension of 60 days if a binding contract is in place [...]

Buying a Home in Los Angeles – The Most Important First Step

Buying a Home in Los Angeles – The Most Important First Step

October 19, 2009 by Jane Peters · Leave a Comment 

Buying a home in Los Angeles can be a daunting prospect. You start to look on line at areas you would like to live and estimate the amount of home you can afford. Well, this is not the way to start looking for a home.  You must get pre-approved by a lender! No ifs ands [...]

Competing Bids for That Los Angeles Home

May 8, 2009 by Jane Peters · Leave a Comment 

OK, here’s the deal we showed you a few Los Angeles Real Estate properties. Now you’ve found that perfect home.  Its in the right area, has all the right benefits, is close to work and the price is right, but someone else also thinks the same as you. Now there are competing offers on your [...]