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The O'Key Group
Los Feliz, Silver Lake and Northeast Los Angeles Real Estate

January Market Update Links

January Real Estate Update…

122 ideas, quotes, and stats that will make you a better investor in 2015.
http://time.com/money/3633757/investing-advice-get-rich-2015/

“The best loan in the history of real estate” – New home loan helps lower-income borrowers build equity quickly.
http://www.latimes.com/business/realestate/la-fi-equity-building-mortgage-20150103-story.html%23page=1#page=1

It’s Time to Think About Refinancing Your Mortgage: The average rate on a 30yr mortgage was 3.8% at the end of last week…lowest since May 2013 and far below the 5%+ rates of early 2011.
http://www.nytimes.com/2015/01/20/upshot/its-time-to-think-about-refinancing-your-mortgage.html?abt=0002&abg=1

This service automatically and dynamically alters your AirBnB pricing to maximize your bookings! Just signed up.
https://pricelabs.co/

And this service manages your Airbnb move-ins and move-outs.
https://www.pillowhomes.com/

Americans spend $24 billion each year to store their stuff in 2.3 billion square feet of self-storage units:
http://www.forbes.com/sites/emmajohnson/2015/01/15/the-real-cost-of-your-shopping-habits/?utm_campaign=Forbes&utm_source=TWITTER&utm_medium=social&utm_channel=Investing&linkId=11749599

Actors, Google “Gene Autry wealth”. “Jared Leto Buys Historic Los Angeles Compound.”
http://variety.com/2015/dirt/real-estalker/jared-leto-buys-former-los-angeles-military-compound-1201402725/

Stay in your financial lane: “What they found was that middle-class children who lived in middle-class neighborhoods had less depression and anxiety and fewer incidences of delinquency than middle-class children who lived in more affluent neighborhoods. The surroundings seemed to matter.”
http://www.nytimes.com/2015/01/10/business/growing-up-on-easy-street-has-its-own-dangers.html?smprod=nytcore-iphone&smid=nytcore-iphone-share&_r=0

Down payment assistance actually exists. See if you qualify here.
http://www.car.org/tools/downpaymentresource/

“An overwhelming majority of the surveyed group said they should have started saving earlier.” Saving is impossible. I suggest buying real estate instead.
http://www.usatoday.com/story/money/personalfinance/2015/01/10/adviceiq-retirement-financial-shock/21431291/

Clutter not only lowers your home’s sales price, it’s getting you down.
http://www.houselogic.com/blog/home-improvement/clutter-depression/

Time to look at homes? Call me, I can email you a list in your area and price range.

Do you have suggestions for next months Newsletter? LMK what you want to know.

http://www.zillow.com/profile/Jo-Okey/Reviews/

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