Go to Top

Home Sales

The Economy Continues to Grow

Southern California housing market settles to a stable pace The economy is looking up! Even with Real Estate settling back to “normal” here in Southern California, it is still a great time to buy. Here are a few recent facts about the economy… Employers added 288,000 jobs in June and helped cut the unemployment rate to 6.1 percent, the lowest since 2008. It was the fifth straight gain above 200,000 …Read More

Home Sales in May Surge Up!

May showed a big increase in the number of existing homes, showing that there are homebuyers ready to get back in the market, but they seem to prefer the charm of older houses rather than new builds. In May, existing home sales increased 4.9% to 4.89 million seasonally adjusted annual rate (SAAR) which was higher than consensus’ estimate of 4.8 million SAAR and the revised April reading of 4.66 million …Read More

Unaffordable Housing continues to be a problem in Southern California

Southland home sales tumble in January, price increases slow Wasn’t it just ‘yesterday’ that we were told there were hundreds of thousands of houses sitting empty due to the economic downturn? And while no one wants to dance on the grave of those who have lost their homes, there was a silver lining that home ownership might be affordable again for young families as banks released the properties. So, it …Read More

Should an HOA require property owners that have renters to leave an additional security deposit with the HOA?

Managing renters in your home can be difficult at times. Much more if the property is subject to HOA rules that the renter must also comply with. We’ve had a few people ask us recently about HOA’s and if they should require renters to leave a security deposit with an HOA during their tenancy. While there are compelling arguments on both sides of this, Cardinal believes that the HOA should …Read More

Our first blog entry!

We’re thrilled to re-launch our website and be able to share great Real Estate information, tips, and hints with all our current customers and potential customers. The past few years have been rocky for Real Estate in California, but it seems to be picking up again. I know we are busy with investors who still believe that Real Estate is your best asset for investing! Today in the LA Times, …Read More