ALIKI - Rodeo Realty

Spring is in the air! Go out and play!

http://www.rodeore.com/blog/2017/04/10/20633222/

30 Totally Fun Things To Do in L.A. This Week - Rodeo Realty Every week in Los Angeles there are tons of great things to do (even before the weekend gets started) that we think you ought to have on your radar. With that in mind, we put together a list every Monday morning to keep you in the know about what’s happening in the city you love … Continue reading "...

Did you know? Consumer confidence is through the roof! I am here to guide you through this awesome ride!!

http://www.keepingcurrentmatters.com/2017/03/30/consumer-confidence-in-economy-housing-is-soaring/

Consumer Confidence in Economy & Housing is Soaring The success of the housing market is strongly tied to the consumer’s confidence in the overall economy. For that reason, we believe 2017 will be a great year for real estate. Here is just a touch of the news coverage on the subject.

Happy Tuesday!

32 Fun Things To Do in L.A. This Week Every week in Los Angeles there are tons of great things to do (even before the weekend gets started) that we think you ought to have on your radar. With that in mind, we put together a list every …

Don't get the post-holiday blues!

http://www.rodeore.com/30-fun-things-to-do-in-l-a-this-week/

30 Fun Things To Do in L.A. This Week Every week in Los Angeles there are tons of great things to do (even before the weekend gets started) that we think you ought to have on your radar. With that in mind, we put together a list every …

Weekly Economic Update

*Stocks up again - Markets increased marginally this week, adding to the record breaking gains and levels reached last week.

*Inflation is on the Rise - U.S. Consumer prices recorded their largest increase in six months in October suggesting a pickup in inflation. In the last 12 months ending October, the CPI has increased 1.6%, its biggest increase since October 2014.

*U.S. Treasury Bond yields jump - The 10 year U.S. Treasury Bond yield closed the week at 2.34%, up from 2.15% last Friday. The 30-year U.S. Treasury Bond closed at 3.01%, up from 2.94% last week. Mortgage rates follow bond yields so we watch bond yields closely.

*Mortgage rates continued to rise last week - The Freddie Mac Primary Mortgage Survey which was released on November 17, 2016 showed that average mortgage rates from lenders surveyed for the most popular mortgage products were as follows: The 30-year fixed rate average was 3.94%. The 15-year fixed average rate was 3.14%. The 5/1 ARM average rate was 3.07%. Rates increased further throughout the week so next week's rates will be higher. Currently, the 30-year fixed rate is around 4.25%.

*Home sales and prices increase in October - The California Association of Realtors released its October home sales report. The number of existing homes sold in October totaled 442,970 on a seasonally adjusted annualized rate. That represented an increase of 4.1% from September and a year over year increase of 8% from last October's figures. The statewide median price was $513,520, up 1.2% from September and up 7.3% from last October when the median price was $478,780. Inventory continues to be near record lows