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5 Takeaways From the Federal Reserve Meeting
The Federal Reserve concluded a “no news is good news” meeting on Wednesday. But to suggest there is nothing to glean or profit from the announcement that interest rates will remain high for the next two months or that the economy is doing well would be mistaken.
A $418 Million Settlement Could Change U.S. Home Buying. But Who Benefits?
For many people, buying or selling a home can be a huge financial decision. But a recent class-action settlement could change the way U.S. homes have been sold for over a hundred years. Last year a jury found that realtors had conspired to keep commissions artificially high.
Exclusive: Patz & Hall Co-Founder James Hall Buys His Winery Back
Ste. Michelle Wine Estates is selling the Sonoma Pinot Noir and Chardonnay producer as it shifts away from California. While the wine world is full of news of mergers and acquisitions, the latest transaction in California is more of a homecoming. Patz & Hall co-founder James Hall and a small group of investors are buying the winery back eight years after it was sold to Ste. Michelle Wine Estates.
Why some experts say you shouldn’t wait for mortgage rates to fall
If you’re in the market for a new home, today’s mortgage rates can hinder your efforts. After all, the higher your mortgage rate, the higher your monthly payments will typically be. So, it can be difficult to find affordable housing options in today’s high-rate environment.
California offers additional $250 million in down payment assistance
AB-1033 gives California cities the option to allow homeowners to sell their ADU’s separately from the main house. SAN DIEGO — Some new laws are impacting real estate this year in California as well as a changing market. That was the focus of the Greater San Diego Association of Realtors annual ‘New Laws and Industry Outlook’ event, held in La Jolla on January 12th.
New California ADU laws and mortgage rates affect real estate market
AB-1033 gives California cities the option to allow homeowners to sell their ADU’s separately from the main house. SAN DIEGO — Some new laws are impacting real estate this year in California as well as a changing market. That was the focus of the Greater San Diego Association of Realtors annual ‘New Laws and Industry Outlook’ event, held in La Jolla on January 12th.