by Kurt Galitski | Dec 27, 2016 | Costa Mesa
Selling a house is a time consuming process. There are many factors to be considered and each requires a good amount of time. Transactions don’t just happen overnight so, before you jump in, take a minute to prepare yourself accordingly. Having an idea of the...
by Kurt Galitski | Dec 23, 2016 | Costa Mesa
Tis the season for Christmas lights, cozy fires, and, in Southern California, the one time of year that we may need to use our heaters. If all the holiday spending wasn’t enough, our energy bill is yet another addition to the lengthy list of expenses. When the...
by Kurt Galitski | Dec 22, 2016 | Costa Mesa
There are a multitude of reasons why renters have kept from buying: raises in interest rates, acceleration in home prices, rigid lending standards, and student loan debt…to name a few. However, a recent study shows renters are now in a position to take on more...
by Kurt Galitski | Dec 19, 2016 | Costa Mesa
We now know that interest rates are rising, but what about home prices? With 2017 quickly approaching, we’re left wondering if the acceleration we’ve been seeing in home prices and sales will continue into the new year? A strong market means that...
by Kurt Galitski | Dec 16, 2016 | Costa Mesa
The Fed just raised interest rates by .25%….so what implications does this have for home buyers? Aside from raising the rates that lenders will be offering, another effect on buyers is a 1% raise in your DTI (debt-to-income) ratio. While this may seem startling...
by Kurt Galitski | Dec 15, 2016 | Costa Mesa
Please enjoy this quick update on what happened this week in the housing and financial markets. As expected, the Fed raised policy rates 0.25% at this month’s FOMC meeting. Bond yields jumped on the news, pressuring mortgage rates higher. The U.S. dollar...
