by Michael Tilford | Jun 2, 2023 | The Market Brew
State Farm Home Insurance bails on the state of California, citing booming construction costs, intensifying wildfire risks, and a challenging reinsurance market. Should homeowners be alarmed at this decision? This is the market brew. State Farm, America’s largest home...
by Michael Tilford | May 26, 2023 | Market Update, The Market Brew
Interest rates are heading up again, and prices don’t appear to be coming down any time soon. Today I look at the data from the two largest cities in Conejo Valley, Thousand Oaks, and Simi Valley. I’ve had a bit of technical issues today, so the video is a...
by Michael Tilford | May 19, 2023 | Market Update, The Market Brew
We’re about 6 weeks away from the second half of 2023. There is a lot going on in the Real Estate market right now. I’m going to go through what I see is going on right now and make my predictions as to what we can expect to see for the second half of this year. So,...
by Michael Tilford | May 12, 2023 | The Market Brew
If congress doesn’t act before June 1st, we could see mortgage interest rates blowing up to over 8%, which would likely strike a death knell to the real estate market for the foreseeable future. Although it is unlikely to happen, if the US government defaults on its...
by Michael Tilford | May 5, 2023 | The Market Brew
The Feds raised interest rates, again, this week. The California Dream for All Program is still out of money, but there are other down payment assistant programs still out there. This weekend marks the return of the Simi Valley Street Fair. This is the market brew....