by countyproperties | Oct 31, 2011 | Latest News, Real Estate news
Sales of new single-family homes increased 5.7% in September from the prior month, topping most analysts’ estimates. The Commerce Department said the seasonally adjusted rate of 313,000 units last month rose from 296,000 for August, which was revised upward...
by countyproperties | Oct 21, 2011 | Latest News
How to Check Your Oven Temperature If you are worried about your oven not properly heating, you can quickly check it yourself. Buy an oven thermometer and place it in the oven. Set the oven thermostat to 350 degrees F. The oven should heat to between 325 degrees and...
by countyproperties | Oct 21, 2011 | Latest News, New Homes
According to the latest National Association of Home Builders index Homebuilder optimism climbed to the highest level since the federal homebuyer tax credit started in April 2010. The NAHB and Wells Fargo survey builders to gauge perceptions of the new, single-family...
by countyproperties | Oct 21, 2011 | Latest News, Real Estate news, San Diego Investment Properties, San Diego Real Estate
Freddie Mac (OTC: FMCC) recently released its U.S. Economic and Housing Market Outlook for October showing with rental demand rising and apartment economics improving, the multifamily sector is a strong positive signal for the U.S. housing industry. Over the year...
by countyproperties | Oct 21, 2011 | Finance, Latest News, Real Estate news
Mortgage interest rates are not set by banks, lenders or brokers. Mortgage interest rates are based on mortgage-backed securities (MBS), which trade just like regular stocks and bonds. In essence, if MBS selling volume is lower, bond yields and mortgage interest rates...
by countyproperties | Oct 21, 2011 | Latest News, Real Estate news
It is unlikely home prices will drop as much as 17%, but analysts with Barclays Capital evaluated that possibility during a recent analysis of future home prices. However, the firm noted such a decline is unlikely because the shadow inventory of 4 million to 7 million...
by countyproperties | Oct 21, 2011 | Finance, Latest News, Real Estate news
The Senate voted 60-38 Thursday night to reinstall the elevated conforming loan limits on mortgages guaranteed by the government. The higher limits expired Sept. 30. Sens. Johnny Isakson (R-Ga.) and Robert Menendez (D-N.J.) introduced an amendment to H.R. 2112, a...
by countyproperties | Oct 16, 2011 | Latest News, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales
Chase_Incentive_Marketing_letterThe nation’s largest banks are luring a select number of San Diego County homeowners to complete short sales with the promise of cash, in some cases as much as $35,000 for each deal. These incentive offers, which require lenders...
by countyproperties | Oct 16, 2011 | Latest News, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news, San Diego Real Estate
Home values were down on a yearly basis in August, but showed relative stability in the near term, according to indices that track home values nationwide. Home values fell 4.5 percent year over year in August, to $172,600, and remained essentially flat compared to...
by countyproperties | Oct 16, 2011 | Latest News, Real Estate news, San Diego Foreclosure news, San Diego Short Sales
The number of Americans struggling to make their mortgage payments is at traditional highs, while properties remain at high levels of negative equity. Popular strategies for helping distressed borrowers include mortgage modification and refinancing, to name a few. But...
by countyproperties | Oct 16, 2011 | Latest News, Real Estate news
International buyers of residential properties are an increasing presence in U.S. markets, according to numerous reports. They’re a big driver in a slightly revived luxury market across the country, according to Barron’s. Although Russians, Indians and...
by countyproperties | Oct 16, 2011 | Finance, Latest News, Real Estate news
Commentary: U.S. economic picture unchanged despite European crisis Maintain a sense of humor. Most of the following could not be made up. Freddie Mac yesterday announced the lowest mortgage rates ever found in its 40-year survey: 3.94 percent with a 0.8 percent...
by countyproperties | Oct 16, 2011 | Latest News, Real Estate news
Jennifer Lopez takes on real estate agent role Picturing Jennifer Lopez as a real estate agent is admittedly a bit of a stretch. But as a “matronly” one? Apparently so, according to several celebrity websites commenting on her character’s costume...
by countyproperties | Oct 1, 2011 | Latest News
Through October 31 Pumpkin Station – Del Mar This event is ideal for children ages 3 to 13 and includes pumpkins, several children’s rides, slides and jumps. School programs are available for children to learn about the harvest of the season. Pumpkin Station...
by countyproperties | Oct 1, 2011 | Latest News, New Homes, Real Estate news, Riverside Real Estate, San Diego Real Estate
Driven by a substantial increase in the multifamily sector, California housing starts surged in August posting a 30 percent increase over the same month a year ago, the California Building Industry Association announced today. According to statistics compiled by the...
by countyproperties | Oct 1, 2011 | Latest News, Local Businesses San Diego County, Real Estate news, Riverside Real Estate, San Diego Real Estate
It’s a highly competitive market for home sellers right now. More homes to compete with means that the impression your homes makes – from the curb, and on the inside – matter now more than ever. You can increase your chances of selling faster –...
by countyproperties | Sep 30, 2011 | Latest News, Riverside foreclosure news, San Diego Foreclosure news
California pending home sales climbed in August from both the previous month and year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today. The year-to-year increase was the highest level since July 2009. Pending home sales: Pending home sales...
by countyproperties | Sep 30, 2011 | Finance, Latest News
The number of initial jobless claims fell 8.6% last week, dropping below 400,000 for the first time in months. The Labor Department said the seasonally adjusted figure of actual initial claims for the week ended Sept. 24 decreased by 37,000 to 391,000 from 428,000 the...
by countyproperties | Sep 23, 2011 | Latest News, Real Estate news, San Diego Real Estate
Sales of previously owned homes came in 18.6 percent higher last month when compared to August 2010, according to data released Wednesday by the National Association of Realtors (NAR). Completed transactions rose 7.7 percent on a month-over-month basis to a seasonally...
by countyproperties | Sep 23, 2011 | Finance, Latest News
FICO scores, which are used by financial institutions to determine creditworthiness, remained “relatively stable” between 2005 and 2011, according to Banking Analytics Blog. Still, new data suggests mortgage foreclosures, delinquencies and bankruptcies...
