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

August 27, 2015:

 

30 yr. fixed:   3.84%

15 yr. fixed:   3.06%
 1 yr. adj:       2.62%

Janice Lee
Luxury Properties Director
540 South Lake Ave
Pasadena, CA 91101
 
Email me at:
Focus On Functionality When Buying Your Home
 
You have to live somewhere. For most of us, the choice is simply functional -- we all need food, clothing, and shelter, but we also want our homes to function well for our needs and preferences.

Using Gift Money For Down Payments 

 

To take advantage of low interest rates while home prices climb higher and higher, some homebuyers need help accumulating enough money for a down-payment. To satisfy secondary market loan package purchasers such as Fannie Mae and Freddie Mac and insurers like the Federal Housing Authority, lenders have strict rules about where down-payment money originates.

3 Home Improvement Projects That Last a Lifetime 
 
Thinking of remodeling your home? Before you splurge on a finished basement or a new kitchen, make sure you choose a home improvement project that will add to your home's lifetime value. Check out Remodeling Magazine's 2015 Cost vs. Value report for projects with the highest ROI. 
 
July 2015 Real Estate Activities for San Marino
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