The real estate market has enjoyed runaway appreciation in CA—a whopping 32%—and now we are seeing the market becoming more normalized. When we enjoy appreciation like this we have to take a breath at some point and re-calibrate. That is occurring in the marketplace today. Bidding wars that had […]Google+
The state of California has implemented new rules (and costs) for business owners and holders of real estate located both within and outside California. These new rules have some grudgingly paying the extra fees. Others, however, are moving out.
Up until recently, because California has a weak asset protection law […]Google+
The commercial real estate sector is the next shoe waiting to drop, possibly creating another crisis for the US economy. Many of the commercial loans coming due were packaged by Wall Street, and sold as bonds. We saw how this played out in the residential mortgage backed securities market, […]Google+