If you are among the millions of Americans considering the purchase of a new home, July was a very good month for you. Several weeks ago, the Federal Reserve reduced the key short-term Federal Funds Rate by 25 basis points to a top rate of 2.25 percent.
This summer the United States Department of Veterans Affairs (V.A.) celebrates the 75th Anniversary of the Servicemen’s Readjustment Act of 1944, otherwise known as the original GI Bill. In addition to elevating the status of, and increasing funding opportunities for, the Veteran’s Administration, the GI Bill established the VA Home Loan benefit.
On Friday, June 28th, BIA Baldy View hosted its 6th Annual Housing Policy Conference at the DoubleTree by HIlton Hotel in Ontario. Speakers on our four panels discussed what current issues the housing market is facing.
For Southern Californians, it is axiomatic that periods of generous rainfall will be followed by warmer-than-usual summers. Our region, which typifies a Mediterranean Climate, exists in a constant state of flux in terms of water supply.