If you look at all the economic indicators, you would think people would be standing in line to buy houses in the Inland Empire. Unemployment is down, interest rates remain at historic lows, Fannie Mae and Freddie Mac just lowered their down payments to 3%, population is up, the number of potential home buyers is the greatest number in a […]
So Cal real estate market settles in for the winter We had a scorching hot summer and a searing hot real estate market here in Southern California for most of the past three months, but now that fall has officially arrived and with Old Man Winter on the way, the season of change is upon us. And…that’s a good thing. […]
With home prices on the rise throughout Southern California, it’s clear that a housing recovery is gathering strength.
We believe this area will be the most viable area in Southern California when the market for new homes returns.
Another day, another headline stating “the Real Estate Market is on the Rise,” “the Real Estate Market is in the Tank,” “Foreclosures Fall for Tenth Month in a Row!,” Home Sale Prices Remain Flat,” “Best Buying Season in Years,” “Stand By for an Upward Trend.” If you read them all, and we all do, you get the impression that the […]
And now is a good time to be greedy Warren Buffet once said: “Be fearful when others are greedy, and be greedy when others are fearful.” I’m not a big fan of the word “greedy,” but I am a fan of the way Warren Buffet approaches investment opportunities. In fact, at the Rancon Group, we’ve been applying this Buffetism to […]
According to the FBI’s Preliminary Annual Uniform Crime Report released in May of this year, violent crime across the nation is down for the fifth year in a row. Most interesting to us is that five of the “safest small cities in America,” as listed on the Business Insider Website, are in Southern California. And, in fact, the cities of […]
There’s no doubt that we are facing some of the toughest challenges ever in the economy and in the real estate market, but what’s that old saying? “When the going gets tough…the tough go back to school!” Okay, maybe that’s not the exact old saying, but it’s working for me after recently completing my Master of Real Estate Development Program […]
Some people see real estate as a waiting game. To win, you have to wait for the right time to buy, and then wait for the right time to sell. Patience is a virtue.