Rudy Torres

569 Flips | 2 Magazines | 5 Likes | 28 Following | 47 Followers | @RudyTorres | Realtor with Coldwell Banker Alliance Realty and real estate investment enthusiast

L.A. County median home price breaks record set during last decade's housing boom

In summer 2007, the Los Angeles County median home price hit an all-time high of $550,000. It soon plunged as the housing bubble burst and the national economy crashed.<p>Now the median, the point where half the homes sold for more and half for less, has finally passed the heights of 10 years ago — …

There's No Conspiracy, and 6 Other Things Your Home Insurance Agent Wishes You Knew

Everybody has to have home insurance -- but <i>understanding</i> the obtuse legalese buried in your policy? We're not wizards.<p>Insurance agents and brokers (generally, an agent works for a specific company; a broker is independent) exist to help you comprehend the various clauses and requirements of your …

How car insurance companies spy on your mileage

Your car insurance company may have a surprising way to spy on your odometer.<p>Earlier this month, Ryan Hurst tweeted a letter a friend had received …

Car Insurance

Costs skyrocket for feds’ long-term-care insurance

Federal employees and retirees who participate in the Federal Long Term Care Insurance Program (FLTCIP) are in for some serious sticker shock.<p>They pay the full cost of that insurance, and on Nov. 1, it will jump by up to 126 percent. The average increase will be 83 percent or $111 per month.<p>That …

U.S. Moves to Block Health Insurance Mergers

The Justice Department went to court Thursday seeking to block two mergers involving four of the nation's five health insurance giants.<p>Arguing that the deals would limit competition, the government hoped to stop the planned mergers of Aetna and Humana and of Anthem and Cigna.<p>"These mergers would …

Low mortgage rates help boost U.S. home resales to 9-year high | Reuters

WASHINGTON (Reuters) - U.S. home resales unexpectedly rose in June to their fastest pace in more than nine years as low mortgage interest rates drew buyers into the market, a positive sign for the economy.<p>A home for sale that is currently under contract is seen in Silver Spring, Maryland, December …

3 Ways That The Blockchain Will Change The Real Estate Market

Don Oparah Contributor<p>Don Oparah is the CEO of Venture Aviator.<p>Experts have suggested a number of niche industries that will be made more secure by the untamperable data record provided by blockchain technology — including international art dealing, pharmaceuticals and international trade of …

Real Estate

How Much House Do Americans Actually Own?

1 Comment<p>When people say they own their home, it’s usually a half-truth at best. Often, a bank owns the home they live in — most of it, anyway.<p>Still, …

Home Sales Up as First-Time Buyers Re-Emerge

First-time home buyers flooded the market last month, reaching their greatest share in nearly four years, according to NAR’s latest housing report. …

Real Estate

Existing-Home Sales

Overview<p>Current sales rates, actual totals and median prices by month going back 12 months. Annual totals for three years. Includes all existing-home …

Real Estate

Find Real Estate, Homes for Sale, Apartments & Houses for Rent - realtor.com®

× It looks like Cookies are disabled in your browser. For the best experience, please enable cookies when using our site.<p>Blocked IP Address<p>Your IP …

San Andreas fault 'locked, loaded and ready to roll' with big earthquake, expert says

Southern California's section of the San Andreas fault is "locked, loaded and ready to roll," a leading earthquake scientist said Wednesday at the National Earthquake Conference in Long Beach.<p>The San Andreas fault is one of California's most dangerous, and is the state's longest fault. Yet for …

California

Opinion: The seeds of the next housing crisis have already been planted

Back when the 2005-07 housing bubble was brewing, photos of impossibly small houses selling for insanely high prices famously made the rounds. It was …

Canadian Real Estate

MetLife faces record fine for misleading annuity customers

(Bloomberg) – MetLife Inc. agreed to pay $25 million to settle a probe of abuses tied to variable annuities, the highest-ever penalty for those …

7 steps seniors can take to protect themselves during a disaster

It’s no secret that Americans are living longer, but not all are in optimal health as shown in television commercials, creating a cottage industry in …

Meet the up-and-coming Generation Z

Few Generation Z members can fathom an existence without constant 24/7 connectivity. (Photo: iStock)<p>Generation Y will soon be yesterday’s news, …

Dual Agency Can Be A Good Thing

A man can't serve two masters, the Good Book says; but neither the law nor common practice precludes the possibility of both buyer and seller being …

Drone Photography Is Changing Real Estate For Good. Are You Keeping Up?

Photo by: Dallas Air Photos<p>Real estate companies are quickly adopting drone technology as it offers them a new way to catch the eyes of potential …

Real Estate

‘Double agent?’ A rift over how real estate is bought and sold reaches the California Supreme Court

When Martin Welc asks his real estate classes at Saddleback College if one agent should represent both the buyer and the seller in a negotiation over …

House passes private Flood insurance bill

The Flood Insurance Market Parity and Modernization Act would expand options for consumers, advocates say. (Photo: iStock)<p><i>Editor’s note: This story</i> …

10 most frequently stolen vehicles

Here are the top 10 most frequently stolen vehicles, as reported by the National Insurance Crime Bureau.<p>With new vehicle technology comes new methods …

14 things you need to know about commercial drones and insurance

The technology related to drones, or unmanned aircraft systems, is advancing at a rapid pace.<p>Load More<p>Jayleen R. Heft<p>Jayleen Heft is the digital …

Study: Cash Buyers Bought at 23% Discount

All-cash buyers of single-family homes and condos, on average, paid 23 percent less per square foot than other home buyers, shows RealtyTrac’s first …

Report: Severe Shortage in Affordable Housing

There's a shortage of 7.2 million affordable and available rental units for America’s 10.4 million extremely low-income renter households (or ELI), …

March job creation bodes well for housing inventory crisis

March job numbers brought welcome news as more jobs were added to the construction market, which bodes well for the current lack of inventory in the …

How to Spot the Top Problems Home Sellers Try to Hide

Whether you’re a seasoned house hunter or a first-time buyer, the process of purchasing a home has plenty of pitfalls. And while you may assume that …

Here are the top 10 most costly U.S. workplace injuries

Workplace accidents and injuries, which cost employers $62 billion in 2013, can be attributed to 10 leading causes.<p>Workplace injuries and accidents …

Brokers and their fiduciary duties

Brokers fulfill their fiduciary duty when they secure the requested policy and point out its terms and conditions.<p>Insurance brokers can be found to …