Happy Weekend!
20 years ago, my husband and I bought a house together. We were newly married, living with five cats in an apartment and expecting a baby. This was long before I was selling real estate, but we had a real estate agent and mortgage lender we trusted implicitly, so we forged on and ended up in a cute little bungalow in Westchester, with escrow closing just as our baby was coming home from the hospital.
A year or two into home ownership, I was looking through some files and found our loan docs. I thumbed through with vague curiosity and noticed our 2nd trust deed secured an adjustable rate mortgage. 😳
I'm not going to lie. That word "adjustable" freaked me out. For whatever reason, I wasn't aware we financed with an ARM. Yes, sometimes one can trust their professionals a little too much, so take care in picking them in the first place. 😁
I started reading the terms and was intrigued. Find out what I learned on the blog.
Local Trendlines
Below are the general trends for a couple of our Silicon Beach communities. As you'll see, the indicators are mixed. Buying real estate in Silicon Beach right now requires a talk with us about your target community so we can share the particulars, including which of the indicators below are leading and lagging. Text the word TRENDLINE to 424.228.9969 to start a conversation.
You'll hear us talk a lot about trendlines. Why do we make a big deal about them? If the trend favors sellers, it's one negotiation strategy for buyers, and if the trend favors buyers, it's another. We regularly report on Venice, Westchester and Manhattan Beach, but are happy to accommodate requests for custom reports. Read more on GetTheTrendline.com.
Want a trendline report for another neighborhood or property type? Text the word TRENDLINE to 424.228.9969 and we'll get you fixed up.
Real Estate Buyer News This Week
Here are links to a couple of news items we saw this week that might interest you as a property buyer in Silicon Beach:
Some Fun Stuff
Here are a couple of links to lifestyle events and information to help you get to know our community better:
Have a great week!
Tracy & Team Silicon Beach Properties
P.S. Do you know somebody else who wants to buy real estate? Please forward this 💯 buyer-focused newsletter. ❤❤
P.P.S. Listings information presented below is customizable on request. Interested in sold listings, for example, but not the for the city shown? Text the word HEY to 424-228-9969 and we'll get you what you need.
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