Articles Archive for April 2008
This has been a rather busy week in the office!! We have had multiple phone calls and emails from our clients wanting to view homes and our agents have been running around like mad! Its been a few days since our last post and this …
We blogged already about the new FHA loan limits ~ Before you get too excited to use an FHA loan, be sure to check and see if the condo community of interest has been HUD approved!
We can do the research for you to …
The Bush camp announced more news of government assistance to homeowners struggling with their mortgage payments. HUD’s Federal Housing Administration (FHA) and its new product FHASecure is the government’s latest attempt to relieve some of the pain being felt by those homeowners that have had …
A new plan of attack for Market Relief is being discussed on Capitol Hill. The latest proposed plan is estimated to provide $15 billion dollars in “relief”. The plan is still in its infancy and many of the details still need to be agreed upon …
Are you one of those just waiting for that perfect bank owned or foreclosure property?
Let me tell you - you are not alone! There are many poised for that “must have” deal which just do not materialize that often. It can be very frustrating for …
We have added an option that allows you to email your friends and family a link of homes that you have selected as “Favorites” and ask that they let you know what they think. You can also ask one of our Agent’s to comment and …
All markets are cyclical, they are rarely stable - this video from a Southern California real estate consulting group adds explanations. Includes graphs about San Diego real estate.
Posted by Peter Toner
From the BBC Online: “Swiss financial giant UBS has reported that its writedowns as a result of the sub-prime crisis have more than doubled to about $37bn (£18.5bn). It is the largest writedown by any bank since the credit crunch began.”
UBS: $37.4bn
Merrill Lynch: $22bn
Citigroup: $21.1bn
HSBC: …
A recent article on Forbes.com discusses which metro areas in the nation they consider to be the “Riskiest” buys for home purchases. They evaluated multiple sources of data regarding foreclosure statistics, employment growth, volume of sales, vacancy as well as inventory in order to determine …
