Pahrump, Nevada real estate is a great investment
“LAND will always be a great investment because there will never be any more made, which is why it is ‘precious’,” thus says Precious Properties owner and Realtor Fely Quitevis-Bateman….
Category: Real Estate
Covering the week’s most noteworthy real estate news impacting the Filipino-American and Global Filipino community.
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SFIO officially signs $100-M agreement with Omnicor Industrial Estate & Realty Center to develop a resort condotel in Batangas, Philippines
THE memorandum of agreement will see Omnicor Industrial Estate & Realty Center, Inc., a subsidiary of Filipino publicly listed company AbaCore Capital Holdings, contributing land by the bay of Batangas…
[COLUMN] My house needs major repairs and I need to sell now
IF you’re in this situation, your question is probably – “Do I need to make repairs?” The quick answer is “No, you don’t need to make any repairs.” The real…
SFIO to invest US$100M to develop land into a resort-like condotel property in Batangas City, Philippines
SFIO has recently been named one of the “20 Promising Companies Everyone Should Know in 2021” by Global Business Leader Magazine. The joint venture project with Omnicor Industrial Estate &…
[COLUMN] When is the best time to sell my house?
THERE are two conditions that can determine the best time to sell your house. The first condition is during a “seller’s market” and the second condition is seasonal. A seller’s…
Will eviction moratorium save renters and landlords?
By Jenny Manrique/Ethnic Media Services THE Centers for Disease Control and Prevention (CDC) extended the federal moratorium on evictions until October 3, while President Joe Biden’s administration provided $47 billion…
CA COVID-19 Rent Relief program provides free financial assistance to income eligible households for unpaid rent and utilities
Rent relief is now available for California landlords and their renters who are struggling to pay rent or utilities due to COVID-19. Income eligible renters can apply for help to…
City of LA launches emergency rental assistance program
RENTERS in the City of Los Angeles have until the end of April to apply for the second round of rental assistance. LA, in partnership with the federal government and…
Board expands COVID-19 rental assistance program
Restrictions eased for restaurants, other business in San Diego county THE County Board of Supervisors voted on Tuesday, January 26 to expand the emergency rental assistance program for San Diegans…
Another record low mortgage rate
by: Martin Santiago, Broker-Associate THE average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($510,400 or less) decreased to a survey low of 2.92% from 2.99%, with…
Pfizer’s COVID vaccine & your mortgage rate
by Martin Santiago, Broker-Associate ON Nov. 9, Pfizer announced that early clinical trial data on the coronavirus vaccine it’s developing with German partner BioNTech shows that its cocktail is more than 90%…
Mortgage rates hit new low
by Martin Santiago, Broker-Associate THE average 30-year fixed mortgage rate fell to 2.81% from 2.87% last week, Freddie Mac said in a Thursday release. The reading is the lowest in…
Q4 & Beyond
By Martin Santiago This is the last quarter of 2020. Despite some challenges, the real estate market has boomed nationwide during the pandemic as people have found themselves spending more…
Fil-Am nonprofit SIPA partners with housing firm to develop new headquarters, residential building in Historic Filipinotown
The project is expected to be completed by early 2022 A new chapter for a long-standing organization in Los Angeles’ Historic Filipinotown is underway. Nonprofit organization Search to Involve Pilipino…
Less travel, more investments
By Martin Santiago PENDING home sales, which measure signed contracts to purchase existing homes, increased 5.9% in August compared with July, according to the National Association of Realtors. The usual…
LA County rent relief program to launch on August 17 for income-eligible renters
$100 million to go towards rent assistance as pandemic continues THE latest Los Angeles County Rent Relief program created to help county renters who have been heavily impacted by the…
Rates Drop Again
By: Martin Santiago THE resilience of the housing market continues as mortgage rates hit another all-time low, giving potential buyers more purchasing power and strengthening demand. We expect rates to…
City of Los Angeles unveils new assistance program for at-risk renters
Up to 50,000 households can be helped for two months In an effort to address the mounting financial insecurity among families during the pandemic, the City of Los Angeles has…
Housing market vs COVID-19
By Martin Santiago, Broker-Associate PRICES for existing homes rose 4.7% compared with April 2019, up from 4.6% in the previous month, according to the S&P CoreLogic Case-Shiller National Home Price…
COVID-19 spike from the protests and your investments
By Martin Santiago, Broker-Associate While most Americans agree with the protesters’ cause, some detractors worry about the cities with the largest marches, where people are gathering in the thousands in the…
LA City Council proposes $100 million in rent relief for residents
A NEW Los Angeles City Council motion is seeking to use $100 million in federal funding for the city’s Emergency Renters Assistance Program. The proposal, filed by Los Angeles City…
Market Bounce Back?
By Martin Santiago THE chairman of the Federal Reserve on Sunday said the central bank has not exhausted its power to help the economy get through the coronavirus pandemic. Fed…
Is it a buyer’s market again?
by: Martin Santiago A BUYER’S market refers to a situation in which supply exceeds demand. Driven by pandemic fears, shutdowns and job losses, U.S. home prices are expected to dip between 2…
Mortgage payment during COVID-19
THE federal CARES Act provides two benefits if you have a financial hardship caused directly or indirectly by the coronavirus and your loan is owned or guaranteed by a federal…
California Gov. Newsom announces 90-day mortgage payment relief
California Governor Gavin Newsom on Thursday, March 26 announced that financial institutions will provide major financial relief for millions of Californians suffering financially as a result of the COVID-19 outbreak….
CA Gov. Newsom issues executive order to stop evictions, foreclosures
CALIFORNIA Gov. Gavin Newsom signed an executive order Monday night, March 16 halting evictions and foreclosures as the coronavirus pandemic threatens the livelihoods of the state’s renters and homeowners. The…
Panorama Tower reopens 26 years after Northridge earthquake
AFTER nearly three decades vacant, Panorama Tower reopened on Thursday, February 24 in Panorama City, California at the corner of Van Nuys Boulevard and Titus Street. Originally designed by Welton Becket as a…
Legalizing unpermitted work
by: Martin Santiago UNPERMITTED work is a blanket term that applies to any modifications made to the home that should have been permitted but were not. The permitting laws are…
Regional, Country winners soar to higher acclaim at 14th PropertyGuru Asia Property Awards Grand Final
REGION’S MOST PRESTIGIOUS INDUSTRY AWARDS ELEVATE THE BEST OF THE BEST IN 14 REAL ESTATE MARKETS TO RAREFIED HONOURS Singapore takes the biggest haul of the night with seven regional…
The preserve at Chino delivers a fresh start at 8 new neighborhoods
CHINO, CA — The Southern California dream can now be yours. In a new home at The Preserve at Chino by Lewis Community Developers, days are filled with first-class amenities,…