Jack Lees CA DRE #01269309's Blog Posts

Feb 1 2020 38376 2

Mortgage Rates May Go Even Lower in 2020!Homebuyers can rest assured they’ll still get agreat deal on a mortgagethis year, even if they’re paying a high price for the actual home.In a

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Feb 1 2020 38376 1

A guide to rent control in Los AngelesLos Angeles rents are among the highest in the nation, and withbuying out of reachfor most residents, millions of Angelinos are stuck paying for high-priced

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Jan 3 2020 38376 2

Housing Outlook for 2020:  A good year to buy!Waiting for a good time to get in on thehousing market? Experts forecast that it’s likely to be another banner year in 2020.Mat Ishbia, CEO

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Jan 3 2020 38376 1

Competition for housing is so high, the spring market is starting now!Spring has historically been the busiest buying season, but as competition for homes heats up across the country, January is

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Dec 3 2019 38376 1

3% Down Payments Being Used at Lowest Level in 10 YearsFewer people bought a house with 3% down in 2019 than in any of the previous 10 years.  Only 25% of home purchasers getting a mortgage

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Dec 2 2019 38376 1

Housing Crisis Grows Even More UrgentHousing affordability worsened in 2019.  Only 30% of California households are able to afford the median priced home compared to a majority of 57% in

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Nov 2 2019 38376 2

Transfer Your Low Property Tax Rate to Your New PurchaseProposition 60/90 or called the “Empty Nest Act” was enacted on July 23, 1987 and provided that persons who are over 55 years of age

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Nov 2 2019 38376 1

25 Money-Making Tips For Preparing Your Home To Sellby Jack Lees If you desire to sell your home for top dollar, and in YOUR time frame, you need to do two things: 1) Get control of your

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Oct 1 2019 38376 2

More Americans are house rich, but they’re leaving that cash in the houseRising home prices and conservative borrowing have today’s homeowners sitting on a record amount of potential cash

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Oct 1 2019 38376 1

Here’s How California’s Rent  Control Law Would WorkWithin the next few weeks, the governor is expected to enact rent control in California by signing Assembly bill 11482.That means the

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Sep 5 2019 38376 2

Real Estate Math: How Much Do I Need To Save For A Down Payment On A House?If you've been thinking of buying a house, you probably know that you should start saving up toward a down payment.

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Sep 5 2019 38376 1

LA home prices smash all-time record—againHome prices in LA County surged to $635,000 in July, shattering home prices for the second month in a row.The county’s median sale price rose 2.8

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Aug 1 2019 38376 2

What the Fed’s Rate Cut Means for BuyersThe Federal Reserve cut interest rates on July 31, 2019 for the first time since the Great Recession took hold in 2008, though the move is not likely to

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Aug 1 2019 38376 1

Delinquency Rates at lowest level in 18 YearsU.S. serious delinquency rate was the lowest since November 2006Total past due and serious delinquency rates were down annually in October in all

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Jul 5 2019 38376 1

                                                       

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Jul 2 2019 38376 1

New Loan by Freddie Mac’s All Inclusive loan and RenovationFreddie Mac today announced its CHOICE-Renovation loan offering, which provides homebuyers a flexible choice to purchase a home and

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Jun 6 2019 38376 1

                                                       

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Jun 3 2019 38376 1

                                                       

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May 4 2019 38376 1

New Poll Finds Half of Americans Cannot Afford to Live Near Better Schools and ChildcareWASHINGTON, DC – In a recent poll, 46% of American adults said they would prefer to live in a community

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May 1 2019 38376 1

Do Homeowners Fare Better Than Renters?Affordability is a much more pertinent issue for renters than homeowners, according to new research from Core Logic, a real estate data firm. Since 2005,

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Apr 2 2019 38376 2

                                                       

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Apr 2 2019 38376 1

                                                       

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Mar 1 2019 38376 2

More married homeowners are seeking roommates to cut costsAs the cost of home ownership continues to price out many home buyers, more and more Americans are looking for ways to cut costs.In

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Mar 1 2019 38376 1

California home sales fall to lowest level in more than 10 years-Existing, single-family home sales totaled 357,730 in January on a seasonally adjusted annualized rate, down 3.9 percent from

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Feb 20 2019 38376 1

California home sales fall to lowest level in more than 10 years-Existing, single-family home sales totaled 357,730 in January on a seasonally adjusted annualized rate, down 3.9 percent from

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Feb 2 2019 38376 2

I have always been interested in Health related topics since graduating from CSUN with a degree in pre-med and nutrition.  Although I don't use this knowledge professionally, I live by the

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Feb 2 2019 38376 1

Homeownership Tenure at Highest Level in 18 YearsSince 2008, in the aftermath of the last housing crisis, homeowners have stayed put longer in their homes. But now more than a decade out from the

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Jan 16 2019 38376 1

Gavin Newsom’s keeping it all in the FamilyGavin Newsom will be the first Democrat in more than a century to succeed another Democrat as governor and the succession also makes a big

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Jan 2 2019 38376 2

I’m Ready to Sell My House, How Do I Start?The process of selling a home can be broken down into in to these simple terms.Here is a check list for the home seller. Clean and de-clutter Make

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Jan 2 2019 38376 1

Do Renters Still Want to be Home Owners?Renters see the advantages of homeownership as more than just a roof over their heads. Twenty-one percent of renters said homeownership would provide them

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Dec 3 2018 38376 2

                                                       

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Dec 3 2018 38376 1

The dream of homeownership is still alive for California renters.LOS ANGELES (Dec. 3, 2018) – Despite affordability challenges, California renters continue to hold homeownership in high regard

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Nov 18 2018 38376 1

                                                       

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Nov 1 2018 38376 2

What’s The Best Type of Mortgage Loan for YouShopping for the right loan when making a real estate purchase can be confusing.  Most home buyers want to avoid paying Private Mortgage

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Nov 1 2018 38376 1

ANNUAL GAINS FALL BELOW 6% FOR THE FIRST TIME IN 12 MONTHS ACCORDING TO S&P CORELOGIC CASE-SHILLER INDEX“Following reports that home sales are flat to down, price gains are beginning to

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Oct 4 2018 38376 1

                                                       

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Oct 1 2018 38376 1

                                                       

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Sep 5 2018 38376 1

                                                       

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Sep 4 2018 38376 1

Help Pass Prop 5 and Defeat Prop 10The stakes have never been higher for Home Owners and before you know it the Nov. 6 election will be here. On the ballot, we will be faced with an initiative

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Aug 1 2018 38376 2

3% Down Payments Being Used at Lowest Level in 10 YearsFewer people bought a house with 3% down in 2017 than in any of the previous 10 years.  Only 25% of home purchasers getting a mortgage

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Aug 1 2018 38376 1

Communications—Our success depends on it.Communication is the art of being heard, understood, and acknowledged. Communication can be defined as acommon union between u n i, leading to action.By

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Jul 5 2018 38376 1

                                                       

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Jul 4 2018 38376 1

                                                       

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Jun 3 2018 38376 2

                                                     Home Loan

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Jun 3 2018 38376 1

                                                       

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May 3 2018 38376 2

Sacramento is the fastest-growing big city in California, topping 500,000 for the first time Source: The Sacramento Bee Sacramento’s population has

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May 3 2018 38376 1

Here are the top 10 most expensive rental markets in the U.S. National rents are on the rise to the tune of 1.4 percent year-over-over. The coast holds the highest concentrations of rent

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Apr 9 2018 38376 1

                                                       

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Apr 3 2018 38376 1

                                                       

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Donald Trump Is Marching On

What has Donald Trump done since he has been in office?1. Supreme Court Judge Gorsuch.2. 59 missiles dropped in Syria.3. He took us out of TPP.4. Illegal immigration is now down 70% (the lowest in

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Mar 3 2018 38376 1

                                                       

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New Tax Reform Bill And How It Effects Californians

                                            California homeowners and consumers to

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I Am Ready To Sell My House How Do I Start

                                                       

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Jan 3 2018 38376 1

                                                       

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Jan 2 2018 38376 1

                                                       

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Dec 15 2017 38376 1

                                                       

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Dec 1 2017 38376 1

                                                       

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First Time Home Buyers Feel The Pinch

                                                       

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Real Estate Tips For First Time Buyers

                                                       

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Things First Time Buyers Need To Know

                                                       

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35 Foods To Avoid

                                                       

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Sep 25 2017 38376 1

Home Affordability Continues To Get WorseAll 58 of California’s counties have lower housing affordability than the rest of the nation.  People are facing challenges even in our most

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Sep 21 2017 38376 1

Difficulties in Qualifying For Home Loans TodayPost 9-21-2017Historically low interest rates have spurred many new buyers to look into getting a mortgage.  It is important to remember that

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Jul 9 2017 38376 2

Buyers Advice: Who’s Got Your Back?If you’re like some buyers, you may be shopping for a home to buy without a real estate agent of your own.  You don’t trust agents, and you want to

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Jul 9 2017 38376 1

6 Reasons Why You Should Buy a Home Right Now!Okay so you say you’re broke and can’t afford to buy or your credit score is really low.  There are solutions to your problem and I would

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5 Smart Home Buyer Strategies

Five Smart Homebuyer StrategiesThe National Association of Realtors has announced that there’s a housing supply shortage.  Homes are selling quickly and home prices are starting to inch

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7May 24 2017 38376 1 Ways To Get That Down Payment

Buying a home has always been a dream.  If you’re a first time home buyer, an FHA loan may be your best bet only having to come up with a 3 ½% deposit.  Here are 7 ways to come up

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