What’s Been Happening
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State Farm Flees California!
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....

Thousand Oaks and Simi Valley Market Update
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 bit less...

Real Estate Predictions for the End of 2023
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....

Mortgage Rates Will Blow Up if Congress Doesn’t Act!
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. https://www.youtube.com/watch?v=cfIFOEeJBV8 Although it is unlikely to...

Buyer Downpayment Assistance
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....

Fannie Mae Changes 2023
There are big changes coming to Fannie Mae and Freddie Mac loans this May 1st. To say that a lot of people are angry about them, would be a huge understatement. What are Loan Level Price Adjustments, how are they changing, and how does this affect your next loan....

Millennial Home Buying Is In Trouble!
As median home prices nationwide hit the largest annual drop in more than a decade, first-time home buyers, especially millennials, are still hurting. Is this the end of the American dream, or will there be a boost in Millennial home buying in the near future?...

CA Dream for All is Out of Money, But Don’t Worry!
The CA Dream for All program that began on April 1st, 2023 is now officially all tapped out. This is good news for many first time home buyers in California, but not great news if you didn't get to take advantage of the program. However, the California Dream for All...

California Dream For All Shared Appreciation Loan
The state of California is giving away free money to first time home buyers with their new California Dream for All Program. This money can be used for a down payment, or even closing costs. But is this the right program for you? This is the market brew....

California Foreclosures Are Coming?
Is there a looming threat of California foreclosures on the horizon? Will the Spring Market be a bust as prices cool for the 7th straight month? What factors do you really need to consider if you were thinking about buying this year? This is the market brew....