America Is Richer. So Why Are You Poorer?
Household income is at a record high. Poverty is at a record low. So why is the middle class getting crushed?
Commentary on the housing tape, then evergreen answers families and counsel actually ask. Two editorial products. One desk.
Household income is at a record high. Poverty is at a record low. So why is the middle class getting crushed?
$520,000 wholesaler cash vs. MLS as-is close at $665,000 — net +$115,000 to the estate after ~$30,000 closing costs. Case Brief #01 practice note.
Partition threat averted; court overbid peak $885,000; $45,000+ litigation saved; 100% unanimous settlement in ~90 days. Case Brief #02 practice note.
Level 5 hoarding, 21-day Code Enforcement stay, MLS $745,000 vs distressed $620,000 — NET +$130,000; zero health code fines. Case Brief #03 practice note.
HECM foreclosure halted 6 days before sale; MLS $565,000; $227,000 net cash to heir (+$187,000); $210k+ equity preserved. Case Brief #04 practice note.
15,201 hearings scheduled Sep 10–Dec 9, 2026. OSC, Trust 17200, accountings, and sale confirmations — what the docket volume means for timelines.
America added 10 million people while home sales collapsed. Follow the money behind Zillow’s rent-vs-buy math — plus this week’s rates, inventory, and LA tape.
It is not a Jackson Hole speech. It is the Treasury issuing paper against a $40 trillion debt — and mortgage rates live on that long end.
A listing-portal fight is not a strategy for an estate. The cost of a delayed sale on a vacant house will dwarf the press release.
We compared the algorithms. The same home gets very different values — and the consumer portals are lead machines, not appraisals.
Almost half the buyer pool can be quietly pointed at in-house inventory. Estates that need a real market should not live inside that funnel.
Most Los Angeles County probates run nine to eighteen months. The real-estate piece can start much earlier — if authority and the file are clean.
Usually yes — after Letters issue. “Before probate is complete” is not the same as “before Letters.”
A court-appointed appraiser who values estate assets for the Inventory and Appraisal — not the person who sets your list price.
A noticed hearing where the court approves the sale — and where overbidders can still take the property.
Sometimes they can slow it. Rarely can one heir veto a sale the personal representative is authorized to make.
The estate still has bills. Disagreement is common. The file still has to move.
Often yes, if the trust grants a power of sale. Read the instrument. Do not guess from probate habits.
The loan is usually due on death. The clock starts whether the family is ready or not.
Liens do not vanish at death. They get paid, negotiated, or they follow the title.
In most Los Angeles estate sales, yes. Remodeling with estate money is how net proceeds shrink.