You have been waiting for the right time. Interest rates are low and money is inexpensive, you've managed to save enough for a down payment and your long term employment prospects are the best they have been in years. You're ready to buy your house and you have decided to call South Pasadena home. Only there is one problem, you cannot find the house you want because the current supply of homes for sale is very, very low. If you thought the new iPad is hard to find, have you tried searching for … [Read more...]

We need you to share your story? I would like to hear from and encourage you to share your experience. Stories are always more interesting if we can relate personal opinions and experiences, the obstacles you have faced, the triumphs you have gained or the ongoing saga if you are still in the midst and your outcome is uncertain. Here are a few ideas to give you an idea of what I am looking for: Loan Modification or Short Sale - if you have been attempting to negotiate a loan mod with your … [Read more...]

Last week, members of the California Association of Realtors received a notification of a new bill being introduced that would have a negative affect on California's housing market. Senator DeShauinier (D-Concord) has introduced a transfer tax which would be used to establish an affordable housing fund. SB 1220 would set up a $75 tax per documnet on the sale or refinance of real property. California real estate transactions usually have a minimum of three documents; a grant deed, a release and … [Read more...]