Posts in The Market
Freddie Mac: Rising Mortgage Rates Do Not Lead to Falling Home Prices

"Many believe that an increase in mortgage rates will cause a slowdown in purchases which would, in turn, lead to a fall in house values. Ultimately, however, prices are determined by supply and demand and while rising mortgage rates may slow demand, they also affect supply.

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712,000 Homes in the US Regained Equity in the Past 12 Months!

CoreLogic’s latest Equity Report revealed that “over the past 12 months, 712,000 borrowers moved into positive equity.” This is great news, as the share of homeowners with negative equity (those who owe more than their home is worth), has dropped more than 20% since the peak in Q4 of 2009 (26%) to 4.9% today.

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The Brentrance

Buyers of LA area properties come from everywhere —and the number of overseas clients working with John Aaroe Group has continued to grow. To give them the highest level of service and introduce them most effectively to local sellers, the company has joined with London-based Mayfair International Realty to market properties to European investors.

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