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EYE ON INTEREST RATES   Click on the blue text to visit a leading website with the current interest rates and lots more. The Fed has again raised rates and the expectation is for mortgage rates to rise as well.

California Home Price Growth To Slow To 'Only' 10 Percent The California Association of Realtors forecast for home price appreciation to moderate to 10 percent in 2006 may be too conservative -- or too optimistic, depending upon who rebuts the trade group's forecast. FULL STORY ->> 

Have Real Estate Risks Increased or Decreased? There are many different investors at many different levels of investment. What works for one investor will not work for another…FULL STORY ->> 

 ***** Investors Corner*****

1. Oklahoma City, OK 8 units 8,668 Sq. Ft asking $450,000 Cap 8.53%  Please call (310)306-6525 x166 if you would like more details. 

2. Reno, NV Cute brick duplex on 4,082 sq. ft. lot built in 1951 Cap Rate 5% Asking 265,000   Please call (310)306-6525 x166 if you would like more details. 

3. Culver City, CA 10 units, non-rent controlled  All 1bd's w/ 30% upside in rents. Motivated Seller! 6% ROI w/ 25% down. 6.8 Cap Rate.  Please call (310)306-6525 x166 if you would like more details. 

See below for the (3) real estate related "links of the month” 

  1. Search for a HUD Home in California   http://hud2.towerauction.net/CA.htm
  2. Real Estate Library essential resources for buyers, sellers, homeowners and investors! www.relibrary.com
  3. Where to go and what to do in Los Angeles and many other cities. http://losangeles.citysearch.com
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Keller Williams Santa Monica
2701 Ocean Park Blvd #140 • Santa Monica, CA 90045
Office: (310)739-8647 • Fax: (310)626-8734
Mobile: (310)739-8647
E-mail: dan@danmayrealestate.com

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