Fed Raises Interest Rates by 0.75 Percentage Point, the Largest Increase in 28 Years – The Epoch Times

The Fed raised the rate by 75 basis points (0.75%) marking it the highest rate increase since 1994. High home prices combined with high interest rates as pictures below, well, do the math.

I hate to sound pessimistic, but unless you’re carting around a lot of cash, it’s effectively a death blow to the real estate industry primarily in California home to the highest housing prices.

My advice with respects to buying a home remains the same: if you’re ready, able, willing, and can afford it, the time to buy is now. Owning a home will always be better than renting someone else’s home.

READ ARTICLE HERE

Is The Housing Bubble About to Burst?

Are we in a housing bubble? Andres explains why it is different compared to 2007.

Article: Is The Housing Market About To Crash?

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New Laws for 2022 Affecting CA Housing Providers

Here’s a brief overview of all the new real estate laws going into affect starting 2022 in California. For a more thorough look, check out Attorney Michael Brennan’s presentation on the latest AOA livestream below.

Mike Brennan | Owner of Brennan Law Firm P: (855) 285-2230 E: mike@mbrennanlaw.com www.mbrennanlaw.com – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – Join AOA (https://www.landlordsofamerica.com/se…) If you are a small scale apartment owner, AOA has a myriad of resources to help you manage your property more efficiently. Take a look at all of the benefits (https://aoausa.com/membership/benefits/) that AOA members enjoy besides the AOA Live Streams.