DTMRE - Realtor

- PREMIER SERVICE - COMMITMENT TO EXCELLENCE - PROVEN RESULTS Specializing in Single Family and Income-Producing Properties, DTMRE's hard work, a commitment to excellence and exacting knowledge are what define his work ethic. “We always focus on the needs of my clients first and achieving their goals is the key to my success.” Some of their past clients include Hollywood Celebrities, Military Veterans as well as first time buyers and investors.

We are experienced in dealing with high profile individuals and find creative solutions in any situation. If you are considering buying, selling or renting any Real Estate please consider the benefits of working with DTMRE. Our dedication to professionalism, a tailored approach coupled with experience make us the people to call today. He is thankful for all the referrals from past clients and friends and hopes to continue to meet new ones.

We are thankful for all the referrals from past clients and friends and we hope to continue to meet new ones. “Since I am a Veteran from the United States Military it has been very comforting to know that someone with your expertise is looking out for my best interests at all times.” - Kristopher Kaltenbach (E-5 United States Seargent 501st SBDE)

Mission: “I always focus on the needs of my clients first and achieving their goals is the key to my success.”

Operating as usual

Beautiful Home Available for Lease in SF!

www.redbulletin.com

These Billion-Dollar Super Submarines Are The Ultimate Extravagance

Time to start buying more real estate.

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DTMRE - Realtor's cover photo

Hello everyone. After a short hiatus I am back in the office and ready to service all of your Real Estate needs. If you or anyone you know if looking to buy, rent or sell any Real Estate contact me today. Thanks!

[10/24/16]   Economic update for the week ending October 22, 2016

Stocks up slightly this week - Third quarter earnings season began with mixed results. Several tech companies beat earnings expectations while several very large companies reported earnings that were below expectations. As more companies report the market may move depending on the profit levels. All in all it was a pretty lackluster week. The Dow Jones Industrial Average closed the week at 18,145.71, up from 18,138.38 last Friday. The S&P 500 closed the week at 2,141.16, up from 2,132.98 last week. The NASDAQ closed the week at 5,257.40, up from last week's close of 5,214.16.



U.S. Treasury Bond yields drop this week - The 10 year U.S. Treasury Bond yield closed the week at 1.74%, down from 1.80% last Friday. The 30-year U.S. Treasury Bond closed at 2.48%, down from 2.55% last week. Mortgage rates follow bond yields so we watch bond yields closely.

Mortgage rates up just slightly week - The Freddie Mac Primary Mortgage Survey released on October 20 showed that average mortgage rates from lenders surveyed for the most popular mortgage products were as follows: The 30-year fixed rate average was 3.52%. The 15-year fixed average rate was 2.79%. The 5/1 ARM average rate was 2.85%. I'd expect to see rates just slightly lower next week based on where we were at the end of the week.

California existing home sales up in September - The California Association of Realtors reported that existing single family home sales totaled 425,680 in September on a seasonally annualized rate, up 1.8% from August's rate and up 0.8% from last September. This marked the first year over year increase in 7 months as extremely low inventory has led to fewer sales.

California's median price paid for an existing home up 6.1% - Year over year the median price paid for a single family home increased 6.1% in September to $514,320 according to The California Association of Realtors. The median price in September 2015 was $494,670.

Homes on the market remain near all time low levels - C.A.R. also reported that the unsold inventory index in September showed a 3.5 month supply of homes on the market. A "normal" market has a 6 1/2 month supply of homes. I'd expect prices to continue to rise until the inventory level gets closer to normal levels.

U.S. existing home sales up in September - The National Association of Realtors reported that total existing home sales, which include single family detached homes, town-homes, condos, and co-ops, increased 3.2% in September from August levels. Sales year over year were up just 0.6% from last September, but The September figure represented a nice rebound after a disappointing July and August sales level. One key figure in the report was an increase in first time buyers who accounted for 34% of the total sales. That was a 4 year high. Distressed sales accounted for just 4% of sales which is a new low according to N.A.R. The median price for an existing home nationwide increased 5.6% from last September as low inventory pushed prices higher.

Hope you have a great weekend!

HUD kills San Francisco preferential housing plan for minority residents

http://journal.firsttuesday.us/hud-kills-san-francisco-preferential-housing-plan-for-minority-residents/54821/?utm_source=newsletter&utm_medium=email&utm_content=100316&utm_campaign=saprior

journal.firsttuesday.us HUD's denies San Francisco’s neighborhood preference plan, which was designed to preserve minority residence endangered by high housing costs.

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sfbay.craigslist.org

2+2 Luxury Top Floor Condo Green St.

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sfbay.craigslist.org Welcome to luxury living in one of the most unique and desirable Edwardian classic homes in the city! Right next to the highly revered Sherman House this classic masterpiece is only one block away...

2172 Green St San Francisco, CA 94123 Rentals - San Francisco, CA | Apartments.com

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apartments.com See all available apartments for rent at 2172 Green St in San Francisco, CA. 2172 Green St has rental units starting at $7000.

Here in lovely San Francisco. I have a beautiful 2 bed 2 bath for rent. Contact me for details.

March home sales and price report

http://www.car.org/newsstand/newsreleases/2016releases/march2016sales?view=Standard

car.org California home sales rose from both the previous month and year to post the highest sales pace in six months.

www.rodeore.com

Rodeo Realty ranked #1 in residential brokerage firms

http://www.rodeore.com/rodeo-realty-ranked-1-in-residential-brokerage-firms/

www.rodeore.com Rodeo Realty has been recognized as one of the largest residential real estate brokerage firms. The San Fernando Valley Business Journal released The List 2016 and of more than 20 residential broke…

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NOT IN THE MLS | 2+2 | SANTA MONICA BY THE BEACH |

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OPEN SUNDAY 1-4PM | 2 BED 1 BATH SINGLE FAMILY HOME | MID LOS ANGELES DEAL!

DTMRE - Realtor's cover photo

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DTMRE - Realtor

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[08/24/15]   Economic update for the week ending August, 21, 2015

Stocks down sharply this week - DOW loses over 1,000 points for the week - Stocks dropped sharply this week as overseas markets and commodities fell sharply. China, the world's second largest economy, showed signs that their slowdown was deeper than previously reported. Following the Chinese Government's sharp devaluation of the yuan last week to spur investment and to make Chinese goods cheaper overseas more financial data showed that the Chinese economy was worse than anyone thought. Friday, a Chinese Manufacturing Index stood at its lowest level since March 2009, the depths of the financial crises. Following that reading U.S stocks dropped sharply in their worst day since 2011. Oil dropped further falling below $40 per barrel. A level not seen in 6 1/2 years during the depths of the Great Recession. This continued to hit energy companies' stocks hard. At the same time Greece asked for another bailout, which hit European markets. News at home with the exception of energy, and companies with exposure to China, and stocks were positive. This included: higher existing home sales, high builder confidence, and above expected second quarter sales reported by some retailers. A Federal Reserve report released Thursday showed that The Fed is very cautious of just how fragile the U.S. Economy is, citing spill over from China's slowing, energy sector profit and job loss, a strong dollar which will hurt exports to already slowing overseas markets, and inflation levels at only 2% annual levels, well below the 3% target. A sign that an interest rate hike may not occur as soon as perviously expected.
The Dow Jones Industrial Average dropped 162 points on Wednesday, 358 points on Thursday and 531 points on Friday. It closed the week at 16,456.75, down over 1,000 points from last week's close of 17,477.40. The S&P 500 closed the week at 1,970.89, down from last Friday's close of 2,091.54. The NASDAQ closed the week at 4,706.04, also down sharply from last week's close of 5,048.23.

Mortgage rates fall to lowest levels of the year – The 30 year fixed rates ended the week around 3.75% for loans up to $417,000, and around 3.875% for loans over $417,000. The 15 year fixed rate loans are about 3.125% for loans up to $417,000, higher loan amounts have rates that are around 3.25%. The 5 Year-ARM rate is around 2.75% and 1 Year-ARM mortgages are under 2.50%.

Treasury Bond yields drop this week – Investors fled stocks and moved to the safety of U.S Treasury Bonds pushing yields down to the lowest levels of the year. The 10 year Treasury bond yield closed week at 2.05%, down from 2.20% last Friday. The 30 year treasury bond yield closed Friday at 2.74%, down from last week's close of 2.84%.

California home sales at 9-year high - CoreLogic reported that existing home sales in July hit a 9 year high. The number of homes sold in July increased 16.9% from last July. Home prices were also higher with the median price up 5.5% year over year. The California Association of Realtors reported that sales were up 2.7% from June and 12.7% from July 2014. CAR reported that prices were up 5.4% year over year. Housing remained at a 3.3 month supply, well below normal levels of 6 a 7 months. CoreLogic uses information from recorded sales at counties throughout the state, while The California Association of Realtors uses reported sales from its Realtor members.

U.S. home sales at highest rate since February 2007 - The National Association of Realtors reported Thursday that existing home sales rose 2% in July. Home sales in July were at at their highest level since February 2007 on an annualized basis.

Home builders index shows homeowners and builders are the most optimistic in over a decade - The National Association of Home Builders reported that the confidence level of homeowners to home builders rose to its highest reading since November 2005.

IN ESCROW!

housingwire.com

California non-distressed property sales drive home sales higher

http://www.housingwire.com/articles/34504-california-non-distressed-property-sales-drive-home-sales-higher

housingwire.com California single-family home and condominium sales grew 8.5% in June, mainly driven by an increase in non-distressed property sales.

[07/06/15]   U.S. Consumer Confidence Rises – The University of Michigan reported that their consumer sentiment index rose from 90.7 in May to 96.1 in June. This was the highest level since January when the rating of 98.1 shocked experts. That was the highest rating in more than a decade. Last June the index was 82.5. For the first 6 months of 2015 consumer sentiment has improved at the highest pace since 2004. This increase is important because it suggest that consumer spending, which accounts for a majority of the economy, will continue to increase.



New home sales hit 7 year high – The Commerce Department reported that new home sales in May jumped 2.2% from April to a seasonally adjusted annual rate of 546,000 units. This marked the highest level of new home sales in 7 years. New home builders said that fears of higher interest rates contributed to buyer demand, as buyers rushed to lock in rates before they increase further later in the year.



U.S. home resales jump 5.1% - Prices continue to rise - The National Association of Realtors reported that sales of previously owned homes jumped 5.1% in May from April figures. This was a strong number which beat analysts’ expectations. One comment that was made by Lawrence Yun, the chief economist at NAR, was, “ Strong job growth for young adults and low down-payment programs are helping more young buyers enter the marketplace. The return of first time buyers in May is an encouraging sign.” The median price also showed strength rising 7.9% from one year ago for the nation as a whole. The median price in the west grew 10.2% from a year earlier and 4.3% from April.





Pending home sales hits highest level in 9 years – The National Association of Realtors reported that homes under contract rose again in May to their highest level since April 2006. The index has increased for nine consecutive months on a year over year comparison. A sign of how robust the real estate market is.



Resale home sale pace continues to exceed last year - The California Association of Realtors reported that statewide home sales of existing single-family homes totaled 423,360 in May on a seasonally adjusted annualized rate. That was down 1.1% from April, but up 8.9% from May 2014. It was the second straight month that statewide sales were above the 400,000 annualized mark. Last year we saw sales below the 400,000 sales mark, which was about 14% below the rate of an average year since 1988. This year we are still below average sales rates, but much closer than last year. Low inventory is one factor that is keeping sales numbers down. CAR reported that there is just a 3.5 month supply of homes on the market. A 6 to 7 month supply is a normal market.



Home prices continue to rise - The California Association of Realtors reported that the median price paid for a resale home in California increased 0.8% in May from April, and 4.4% from May 2014. While price gains are moderating from double digit gains seen in 2012, 2013, and the beginning of 2014, they are still increasing. CAR also released more local statics. Los Angeles County had prices up 1.3% from April and 5.1% from last May. Ventura County had prices up 3.7% from April and 8.2% from last May. Orange County had prices up 1.8% from April and just 2.8% from last May.





U.S. Producer prices record their biggest increase in 2 1/2 years - The Labor Department said its producer price index for final demand increased 0.5% in May, the largest gain since September 2012. Much of the gain was due to rising gas and food products.

Retail sales jump - The Commerce Department reported Thursday that retail sales jumped 1.2% in May. This was encouraging news which beat expectations and showed that Americans sharply stepped up their spending despite harsh weather.

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4717 Lomita St, Los Angeles, CA 90019

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202 N Canon Dr
Los Angeles, CA
90046

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