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  • New 90 Day Foreclosure Rule in California

    Recent news headlines have caused confusion by mischaracterizing the new California Foreclosure Prevention Act as a 90-day moratorium and incorrectly stating that the lender must modify delinquent loans before it begins foreclosure. In reality, the foreclosure process for certain owner-occupied residential first trust deeds has been extended by 90 ...
    Posted to Market Update (Weblog) by 278262 on June 17, 2009
  • CALIFORNIA HOMEOWNERS ARE BEING TARGETED BY CON ARTISTS OFFERING FORECLOSURE ASSISTANCE

    CALIFORNIA HOMEOWNERS ARE BEING TARGETED BY CON ARTISTS OFFERING FORECLOSURE ASSISTANCE The U.S. Department of Housing and Urban Development (HUD) has issued a warning that California homeowners are increasingly becoming the target of con artists trying to loot families of their bank accounts with phony promises to avoid foreclosure. HUD ...
    Posted to Market Update (Weblog) by 278262 on April 26, 2009
  • Are we near the bottom of the housing crisis? Freddie Mac says "YES"!

    Freddie Mac says housing sales are near bottom Frank Nothaft, chief economist of Freddie Mac, said on Saturday that housing sales are nearing a bottom, with foreclosures accounting for a third of all sales.  But you knew there's a "but" coming, right?  Yup...Nothaft added that unemployment and house price declines will ...
    Posted to Market Update (Weblog) by 278262 on April 20, 2009
  • Breaking News! Home Sales Up in California in March 2009!

    An estimated 36,215 new and existing homes and condos sold in California last month, a 23.9% month-on-month increase from February and 47.4% year-on-year increase from March 08, according to a report published Thursday by San Diego-based MDA DataQuick Information Systems. March marked the ninth consecutive month of year-over-year sales ...
    Posted to Market Update (Weblog) by 278262 on April 18, 2009
  • "Pending" Home Sales Index May Indicate Market May Be Stabilizing

    WASHINGTON, June 01, 2007 -  per NAR A forward-looking indicator based on pending home sales shows the housing market could edge down but appears to be in the process of leveling out, according to the National Association of Realtors®. The Pending Home Sales Index*, based on contracts signed in April, stood at 101.4, down 3.2 ...
    Posted to Market Update (Weblog) by 278262 on July 4, 2007
  • Interest Rate Snapshot June 29, 2007

    Posted June 29, 200730 Year Fixed  6.29%15 Year Fixed  5.99%5/1 Arm           5.95%30 Year Fixed Jumbo   6.53%5/1 Jumbo Arm 6.15%Thank You to Bankrate.com for providing the rates!Thank you for visiting, and have a great weekend. Liane Thomas, REALTOR(R)Serving Southern ...
    Posted to Market Update (Weblog) by 278262 on June 29, 2007
  • New Corona Home for Sale - 3970 El Dorado Drive in Eagle Glen

    Eagle Glen, Corona  -  Announcing a new listing at 3970 El Dorado Drive, a 1,750 sq. ft., 2 bath, 4 bdrm single story "Hard to Find!". Priced to sell at $520,000 - Great Price for golf course living in Eagle Glen!. Property information
    Posted to Market Update (Weblog) by 278262 on June 27, 2007
  • Interest Rate Snapshot June 15, 2007

    Posted June 15, 200730 Year Fixed  6.42%15 Year Fixed  6.09%5/1 Arm           6.06%30 Year Fixed Jumbo   6.59%5/1 Jumbo Arm 6.16%Thank You to Bankrate.com for providing the rates!Thanks for visiting, and have a great weekend. Liane Thomas, REALTOR(R)Serving Southern ...
    Posted to Market Update (Weblog) by 278262 on June 15, 2007
  • Interest Rate Snapshot June 8, 2007

    Posted June 8, 200730 Year Fixed  6.19%15 Year Fixed  5.89%5/1 Arm           5.90%30 Year Fixed Jumbo   6.38%5/1 Jumbo Arm 6.02%Thank You to Bankrate.com for providing the rates!Thanks for visiting, and have a great weekend. Liane Thomas, REALTOR(R)Serving Southern ...
    Posted to Market Update (Weblog) by 278262 on June 8, 2007
  • Interest Rate Snapshot, May 29,2007

    Welcome back after a long holiday weekend! Because of the Monday holiday, these rates were posted Tuesday.30 Year Fixed  5.96%15 Year Fixed  5.67%5/1 Arm           5.72%30 Year Fixed Jumbo   6.20%5/1 Jumbo Arm 5.87%Thank You to Bankrate.com for providing the rates!Thanks for ...
    Posted to Market Update (Weblog) by 278262 on May 29, 2007