Late Summer Real Estate Market Update
It’s hard to believe we’re two thirds of the way through summer and kids are already back to school! As of this writing, the Playa Vista market has been sleepy over the past three months ending August 16th with 28 total sales vs. 44 in the same three months last …
What Does the Debt Downgrade Mean for the Economy and Real Estate?
Yesterday, the credit rating agency, Fitch Ratings, cut their rating on United States long-term debt from AAA (the highest rating) to AA+. This implies that the United States now has a slightly higher risk of default on issued long-term debt than in the past and a higher risk of default …