Overall, 2015 was a good year for real estate. Home sales in inland Mendocino County were up 6.5 percent from 248 in 2014 to 264 in 2015. Home prices rose 10.5 percent and the time houses remained on the market decreased by 14.5 percent from 103 days in 2014 to 88 days in 2015. Interest … Read more
Real estate, like many industries, has a whole language of terms and definitions that make sense to those of us who live and breathe real estate, but that can leave homeowners in the dark. So I thought I’d shed a little light on the subject. Licensed Real Estate Agent – someone licensed by the California … Read more
Most people in real estate don’t expect interest rates to stay down much longer. As unemployment drops and the economic recovery gains momentum and therefore demand for business borrowing, the pressure to raise interest rates increases. In addition the federal government has spent $17,000,000,000,000 more than they had. They therefore borrowed the money. This results … Read more