by Jodi Summers The U.S. homeownership rate reached a national high of 69.2% in the fourth quarter of 2004 and was as high as 68.2% in 2Q 2007 before beginning its decline. According to the Census Bureau, the rate is currently sitting around 64.4% – its lowest level since 1995. It has fallen in four […]

FHA-Approved logo

by Jodi Summers Millennials and home ownership. Those terms have been non-sequiturs for a while…but all that is changing. Currently, 67% of all Millennials say they can’t afford to buy. According to a U.S. Bureau of Labor Study, 90% of Millennials moved out of family home between age 19 and 27. 54.6% moved back in […]

Villa Malibu

by Jodi Summers Suddenly the L.A. housing market is all over the world news…as we all know, there’s not enough housing and it’s driving up prices for buyers as well as renters. Buyers, sensing opportunity, are flowing into the market from all over the world and purchasing what little property owners are willing to part […]

who is renting in Los Angeles

by Jodi Summers If you’re renting a well-priced rent control unit in Santa Monica, relish it, because reasonable rents have gone away. If you’re a landlord with a vacant unit by the beach…take pleasure. A recent report by Zumper and LA Curbed study concludes that downtown Santa Monica continues to be the most expensive place […]

by Jodi Summers Green loans have finally arrived for multifamily properties. Fannie Mae’s Green Rewards is a multifamily financing option that helps owners of apartment buildings and cooperatives invest in energy- and water-cost saving improvements. These investments should improve the value of multifamily properties and lower utility costs, saving money for both property owners and […]

energy efficient

edited by Jodi Summers Americans’ energy-conservation efforts -from switching bulbs to upgrading washing machines and air conditioners – have done more to reduce carbon emissions than the increased use of solar, wind and natural gas. Wait, this gets easier folks…metrics pouring in from utility and power grid managers in the U.S. are concluding that the […]