When Good Borrowers Get Bad Loans

October 24, 2005
THE NATION
More Homeowners With Good Credit Getting Stuck With Higher-Rate Loans
By Mike Hudson and E. Scott Reckard, Special to The Times

Low interest rates and aggressive marketing campaigns have driven home lending to record levels. But increasingly Americans with good credit are being saddled with loans designed for high-risk borrowers.
Read The Full Los Angeles Times Article Here

Los Angeles At Peak On Rents

L.A. still at peak on rents
Apartment living costly but stable in area
By Gregory J. Wilcox, Staff Writer

The Los Angeles area maintained its grip on the title of most expensive rental market in the West during the third quarter with its lead over the Bay Area continuing to grow, an industry tracker said Wednesday.
Read The Full Daily News Article

Housing Market Still Hot

Home sales remained brisk for month of September, right now we are in a normal phase of pricing for this time of year as summer heads into fall we may see some price reductions however nothing indicates a drop in the market any time soon.
Quoting from the Los Angeles Daily News Tuesday October 18, 2005, "Analysts said the Southern California real estate market has yet to reach the price peak". Read The Full Daily News Article

NAR’S Home Sales Forecast Looking Stronger

NAR’S Home Sales Forecast Looking Stronger
WASHINGTON (October 12, 2005) – The forecast for home sales has trended up as the year progressed, fueled lately by added demand resulting from the impact of recent hurricanes, according to the National Association of Realtors®.
Read Full Article Here ...

Used with permission of the
NATIONAL ASSOCIATION OF REALTORS®.
Copyright 2005. All rights reserved.
NATIONAL ASSOCIATION OF REALTORS®
Headquarters: 430 North Michigan Avenue,
Chicago, IL. 60611-4087