Eddy's Blog

The affordability index is a helpful tool to show the proportion of the population that will be able to afford a median price home in their particular state. The higher the affordability index , the more households are able to purchase homes. Current Mortgage Interest Rates Interest Rates determi...

The housing market is shaped mainly by the inventory of available housing, by housing affordability and by the present interest rates on mortgages. California`s inventory of housing units is not enough to meet the demand because our population increases faster than our supply of housing. Nearly 2...

What makes the national economy flow? The flow is best described as a circular flow which is centered by the Marketplace for goods and services and is composed of seven different compensating variables. One can not exist without the other : (1) Personal Income = The people who own the various com...

Appreciation and InflationIn recent years appreciation in the value of real estate has overtaken the annual rate of inflation and is the single largest indicator of inflation. Appreciation is the increase in market value if real estate. Inflation is the increase in the general price level of good...

2006 came and went way too fast. Rates went up and down as they always will and always have. The real estate industry by which we provide for our families is so large that it influences both the state and the national economies.  Real estate has four major roles in our economy: to create net wort...

: Requirements for a Valid Homestead :There are certain specific requirments that must be met before a homestead is valid. The claimant must be living on the property at the time of filing, must state his or status as head of household or other, must describe the property and give an estimate of ...

 California and many other states have homestead laws to protect families. Some or all of the land that is occupied by a family as their home is exempt from the claims of, or eviction by , unsecured creditors. A homestead is not truly an encumbrance, but it surley does limit the amount of liabilt...

For most of you football fans you probably think i am going to discuss the logistics and controversies when a  five yard penalty is assessed when a defensive lineman or blitzing linebacker crosses the line of scrimmage or the "neutral zone" before the snap  :)In regards to real estate placing a p...

Public Restrictions (continued) Zoning changes can create non-conforming use, for example, farm land rezoned for residential use. All new structures must conform to the new zoning and be for residential use. Exisiting farms are now non-conforming properties, but MAY continue to operate because a ...

Public RestrictionsPublic Restrictions are primarily zoning laws which promote public health or general public welfare. Zoning essentially regulates land use with regard to lot sizes, type of structures permitted, building heights, setbacks, and density. Zoning departments use specific zoning sym...