Local Market Update 

Please email janicelee@bhhscal.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

October 30, 2014:

 

30 yr. fixed:   3.98%

15 yr. fixed:   3.13%
 1 yr. adj:       2.43
%

Janice Lee
Luxury Properties Director
540 South Lake Ave
Pasadena, CA 91101
 
Email me at:
What If You Don't Own Your House For Two Years? 

 

If you owned and lived in your home for at least two years before it is sold, the law -- today at least -- is clear: you can exclude from profit up to $250,000 if you are single or $500,000 if you are married and file a joint return. 

 

Continued...

Seven Deadly Credit Score Sins

 

John Ulzheimer, president of Consumer Education at SmartCredit.com, the credit blogger for Mint.com, is an expert on credit reporting, credit scoring and identity theft.
Five Ways Bargain Hunting For Homes Can Backfire

 

It's natural to want to save money when you're making a purchase as large as a home. You want to buy the best home in the best neighborhood at the best price, and to do that, you may think you have to shop in the bargain bin.
 

Continued...

September 2014 Real Estate Activities for San Marino