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02 7th, 2011 |
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01 24th, 2011 |
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December Home Sales Rise...
C.A.R. Reports California Home Sales Rise in December, Posting Seven-Month Sales High Source: Business Wire Publication date: January 21, 2011 California home sales rose in December, posting their highest level since May, according...
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01 18th, 2011 |
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Is it time to buy?...
Source: CNBC.com With rates hitting all time lows, and slowly coming back up, when is the time to buy? Typically prices tend to lag sales rates, so it may seem that the time to buy a new home is NOW. I’ve said it before, and I’ll say it again: In housing, prices lag sales, on the way up...
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01 6th, 2011 |
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Mortgage Rates Drop...
Source: CNBC.com Rates on fixed mortgages dipped this week after rising steadily over the last two months. Freddie Mac said Thursday the average rate on the 30-year mortgage dropped to 4.77 percent from 4.86 percent the previous week. It hit a 40-year low of 4.17 percent in November. The ...
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12 8th, 2010 |
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Recovery or Faith in the Recovery?...
Housing Recovery: Faith or Just a Good Deal? Published: Tuesday, 7 Dec 2010 | 3:30 PM ET By: Diana Olick CNBC Real Estate Reporter The good news is that more Americans say they are willing to consider buying a foreclosed property; the bad news is that they’re expecting a ...
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12 6th, 2010 |
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Know Alll the Costs of Homeownership...
A great article was written last week, laying out all the “hidden costs” of home-ownership. Understanding that owning a home is not just paying your mortgage payment, insurance, HOA, and property taxes. Below is a guide to budgeting for all your potential expenses, from yard maintenance...
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11 17th, 2010 |
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So Cal Home Price Up by 1%...
Source: Associated Press/AP Online Publication date: November 16, 2010 LOS ANGELES – Southern California’s median home price increased 1.1 percent last month to $283,000 from October 2009, as up-market homes kept the median from appreciating much over last year’s prices, a...
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11 15th, 2010 |
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Mortgage Interest Deduction to End?...
In the midst of one of the worst financial restructuring to occur in the US. Our politicians think the time is ripe to end the Mortgage Interest Deduction. Potentially crushing the housing market even more. Its not just first time buyers who are helping buy the excess inventory, but well capitalized...
Housing Prices to Rise 3-5% in 2010...
http://www.cnbc.com/id/37061639 Famed Housing Bear, John Paulson, talks about the future of housing and his “call” of the bottom being in. Housing Prices to rise some 3-5% this year, with 2011 forecast to rise 8-11%. This bear turned bull spoke before the Senate and expressed his outlook...
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05 10th, 2010 |
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Late Mortgage Payments Show Surprising D...
Source: Associated Press/AP Online Publication date: May 10, 2010 NEW YORK – The rate of late mortgage payments dropped in the first quarter for the first time since 2006, according to credit reporting agency TransUnion. The 60-day delinquency rate slipped to 6.77 percent, from 6.89 percent in...Mortgage Rates in California
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