Local Market Update 

Please email janicelee@prula.com for your report - with subject line "City Report" - if your city is not listed above
SGV Market Overview
 

Mortgage Rates

U.S. averages as of

September 26, 2013:

 

30 yr. fixed:   4.32%

15 yr. fixed:   3.37%
1 yr. adj:        2.63%

Janice Lee
Luxury Properties Director
540 South Lake Ave
Pasadena, CA 91101

Email me at:
Interest Rate vs. APR - What You Don't Know Can Hurt You!

 

APR versus interest rate

 

When lenders advertise mortgage rates, they are required to display an additional number called the annual percentage rate, or APR.

 

Continued...

Important Reasons To Keep Your Gutters Clean 

 

A recent report from Prime Time Window Cleaning gives a clear picture of the damage that can be caused by failing to clean out your gutters each year.

They report that millions of dollar in damage are caused to Chicago area homes. The lesson to be learned can be applied across the nation. When Fall comes calling, homeowners must clean out their gutters.
In Real Estate: Urban Is In 

 

Maybe it's the high gasoline prices, the tremendous amount of heavy traffic and long commutes to the office that are fueling the growing interest in urban dwelling. Or, perhaps, it's just kind of cool to go green and be able to walk to most of the establishments that you once had to drive to for groceries, dining, gym workouts, retail shopping, and socializing.