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Contingent vs. Pending Sale What does it mean?

What’s the Difference Between Contingent and Pending? If you’ve offered a home and the status is now contingent, the seller has accepted the offer, but certain conditions must be met first. Those conditions could be from either side. For instance, a buyer might request an inspection, or the seller could request a specific type of loan from the buyer. Deals can fall apar...

What Buyer Activity Tells Us About the Housing Market

What Buyer Activity Tells Us About the Housing Market   Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home. According to U.S. News: “Housing markets have cooled slightly, but demand hasn’t disappeared, and in many places remains strong largely due to the shortage of homes on the marke...

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3 Bank Failures

  How 3 Recent Bank Failures Could Impact the Housing Market Silvergate Bank. Silicon Valley Bank. Signature Bank. The demise of three banks last week has sent shockwaves through an already fragile economy. Could it have an impact on real estate, too? “The Silicon Valley Bank failure, along with a few other banks, means that the Federal Reserve cannot be so a...

How the Banking Turmoil May Impact the Feds Decision

The Federal Reserve is meeting this week to decide its next step on interest rates just as its yearlong fight against inflation is colliding with a crunch in the financial sector. The Fed’s next move will be closely watched as recent bank failures are stirring memories of the 2008 financial crisis. Even before the central bank policy decision on Wednesday, investo...

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An Inspiring Story

At this California prison, ‘we are no longer prisoners. We are professionals." Richard Teer, 46, in his cap and gown ready for Offender Mentor Certification Program graduation ceremony at California State Prison in Lancaster. (Irfan Khan / Los Angeles Times) Before the graduates strode in to the strains of “Pomp and Circumstance,” their prison blues peekin...

TikTok Scrutiny

TikTok Scrutiny: CEO Will Tell Lawmakers App Is Safe For Minors And Ban Would ‘Hurt’ U.S. Economy TikTok CEO Shou Zi Chew will highlight the app’s safety measures to protect minors and efforts to firewall U.S. user data from foreign access as he speaks to U.S. lawmakers Thursday, according to the text of his prepared remarks released by the House Energy and Commer...

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The Fed's Decision and the Impact on Your Money

Here’s what the highest Fed rates in more than a decade mean for your money Did you buy a home in 2020? Did you job-hop in 2021? Did you hold off on buying a new car or home in 2022 until you can find a cheaper deal and lower interest rate? Believe it or not, one institution impacts even the tiniest of your financial decisions: The Federal Reserve. What is the Federal Reserve? ...

Seller Transfer Tax Fees

The cost of real estate city transfer tax and documentary transfer tax in Los Angeles, California, can vary depending on various factors, such as the value of the property and location. Real estate city transfer tax is a tax the city government imposes on transferring real estate property. This tax rate varies depending on the city and the value of the property being transferred. In Los Angele...

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Robbyn Battles March Monthly Letter

Dear Reader, As a lifelong member of the community and a 30+ year veteran in the real estate business, I've had the opportunity to work with many types of professions. Over the years, I've built a long referral list of these resources for you and my clients. Recently I started highlighting the professionals on my list. This month's businesses include the co-owner of Gus & And...

Live Event March 30 & 31

California Dream For All Shared Appreciation Loan This just in: Exclusive Invitation: Dream for All Shared Appreciation Loan Program Unveiling (March 30th-31st) Thursday at 6:00 pm and Friday at 9:00 am. The Dream For All Shared Appreciation Loan is a down payment assistance program for first-time homebuyers. Dream For All provides a loan for 20% of the home purchase price. 📆 Event...