You Can Never Have TMI about PMI

You Can Never Have TMI about PMI

When it comes to buying a home, whether it is your first time or your fifth, it is always important to know all the facts. With the large number of mortgage programs available that allow buyers to purchase a home with a down payment below 20%, you can never have Too Much Information (TMI) about Private Mortgage Insurance (PMI).


What is Private Mortgage Insurance (PMI)?

Freddie Mac defines PMI as:
Freddie Mac將PMI定義為: (more…)

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A Lack of Listings Remains ‘Huge’ Challenge in the Market

A Lack of Listings Remains 'Huge' Challenge in the Market

The housing crisis is finally in the rearview mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures & short sales) are at their lowest mark in over 8 years. This has been, and will continue to be, a great year for real estate.


However, there is one thing that may cause the industry to tap the brakes: a lack of housing inventory. According to the National Association of Realtors (NAR), buyer traffic and demand continues to be the strongest it has been in years. The supply of homes for sale has not kept up with this demand and has driven prices up in many areas as buyers compete for their dream home.

然而有件事可能會導致市場踩剎車:缺乏出售房庫存。根據全國房地產經紀人協會(NAR)指出,買家的流量和需求仍然是近年來最強大的,但出售房屋的供應並沒有跟上這需求,導致房屋價格高漲,買家們買屋的競爭激烈。 (more…)

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Why Waiting Until After the Holidays to Sell Isn’t a Smart Decision

Why Waiting Until After the Holidays to Sell Isn’t a Smart Decision

Every year at this time, many homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the holidays. Here are six great reasons not to wait:

每年這個時候,許多屋主決定等到年底節日假期之後再開始賣房子,或是有些房屋已經在市場上出售的屋主決定暫時不賣了,等到假日之後將再次出售。以下是不應該這麼做的六個重要原因: (more…)

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[Laguna Hills] Mint Restaurant

Mint Restaurant

After my doctor’s appointment, I was in the mood for Indian food.
I found Mint Restaurant on Yelp with high reviews, and decided to give this place a try.
The restaurant is small with not much decor.

手機拿出來Yelp上找了一下,找到附近這家評價很高的Mint Restaurant,
那就來試試看吧!餐廳很小,也沒有什麼佈置。 (more…)

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The Truth About Housing Affordability 有關房屋負擔能力的事實

The Truth About Housing Affordability

From a purely economic perspective, this is one of the best times in American history to buy a home. Black Night Financial Services discusses this in their most recent Monthly Mortgage Monitor.


Here are two of the report’s revelations:

  1. The average U.S. home value increased by $13,500 from last year, but low interest rates have kept the monthly principal & interest payment needed to purchase a median-priced home almost equal to one year ago.
  2. Home affordability still remains favorable compared to long-term historic norms.

The report explains:
報告解釋: (more…)

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The Dangers of “Tight Mortgage Credit” Headlines

The Dangers of “Tight Mortgage Credit” Headlines

The availability of mortgage credit is not at the same level that it was during the boom in housing (2005), and that’s good news. However, the constant headlines which talk about “tight credit” are causing some potential home buyers to doubt their ability to purchase. We want to rectify the misconception of what is required for a down payment in order to purchase a home in today’s market.


Freddie Mac recently discussed the confusion many first-time homebuyers have about the down payment they need in order to buy:

Freddie Mac最近討論了許多首次購屋者對於購屋所需頭期款的混淆觀念: (more…)

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It’s Not Always Marriage Before Mortgage 不一定要先結婚再購屋

It’s Not Always Marriage Before Mortgage

There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family. Others may think they are too young. And still, others might think their current income would never enable them to qualify for a mortgage.


We want to share what the typical first-time homebuyer actually looks like based on the National Association of REALTORS most recent Profile of Home Buyers & Sellers. Here are some interesting statistics on the first-time buyer:

根據國家房地產經紀人協會最近的房屋買家和賣家檔案,讓我們來分享典型的首次購屋者資料,以下為首次購買者一些有意思的統計: (more…)

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[Newport Beach] TLT Food

TLT Food

I attended a Yelp tasting event at TLT Food in their newest location in Newport Beach.
I’ve been to their Irvine Spectrum location, and love their unique spin on tacos.

參加了Yelp在TLT Food新開的新港分店辦的試吃活動,
之前去過他們爾灣的分店,很喜歡他們自己創新的塔可口味。 (more…)

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NAR Reports Show Now Is a Great Time to Sell! NAR報告指出現在正是售屋好時機!

NAR Reports Show Now Is a Great Time to Sell!

We all realize that the best time to sell anything is when demand is high and the supply of that item is limited. The last two major reports issued by the National Association of Realtors (NAR) revealed information that suggests that now continues to be a great time to sell your house.


Let’s look at the data covered by the latest Pending Home Sales Report and Existing Home Sales Report.



The report announced that pending home sales (homes going into contract) are up 2.4% over last year, and have increased year-over-year now for 22 of the last 25 consecutive months.


Lawrence Yun, NAR’s Chief Economist, had this to say:
NAR的首席經濟學家Lawrence Yun表示: (more…)

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