Real Estate Outlook

There is serious discussion between Congressional leaders and the White House about increasing the loan limits from $417,000 to $625,000 (perhaps as high as $725,000 in high-cost areas) for guaranteed/insured Fannie Mae and Freddie Mac loans. From LATimes.com - "And in a provision crucial to high-housing-cost states such as California, there would be a significant one-year increase in the size of...

The Valmonte neighborhood is located in Palos Verdes Estates. The best thing about this neighborhood is that it is a family neighborhood. There are usually groups of children playing outdoors on any given day. The topography is relatively flat which is great for walking, riding bikes, playing ball, etc. It is a very friendly area with lots of people taking walks and stopping to chat. Houses...