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  • One in Four Borrowers is Underwater on their Home

    One in four borrowers is underwater Despite recent indicators that the housing market is improving,a new report shows that one in four mortgage borrowers are underwater, meaning they owe more on their mortgage than their home currently is worth. According to First American CoreLogic, nearly 10.7 million households had negative equity in ...
    Posted to Market Update (Weblog) by 278262 on November 29, 2009
  • What If..You Stop Making House Payments???

    We all talk about what-ifs. One big what-if many homeowners have today has to do with making house payments. Many homeowners are underwater, meaning they owe more than the home is worth at today's depressed prices. Some homeowners certainly are wondering why they're sending in the payment on, say, a $450,000 mortgage, ...
    Posted to Market Update (Weblog) by 278262 on November 20, 2009
  • FREE Corona Event ~ Tree Lighting Ceremony December 6, 2009

    Save the date! Here is another free event for the residents of Corona!      The Tree Lighting and Holiday Celebration is scheduled for Sunday, December 6, 2009, and will include entertainment by the Corona Symphony Jazz Band and a special performance by the world famous All American Boys Chorus. The event will also ...
    Posted to Corona Events (Weblog) by 278262 on November 17, 2009
  • Do YOU Want $8000?

    Would You Like $8,000? Buy a Home. Soon! To stimulate the economy, Washington juiced up the stimulus plan passed last year in February. Two benefits for FTHBs (First Time Home Buyers) were that the amount of the tax credit was increased from up to $7,500 to $8,000. And, more importantly, the amount of the credit does not have to be ...
    Posted to Market Update (Weblog) by 278262 on July 14, 2009
  • FREE Corona Event! Water Efficiency Training and Landscape Tips

    Did you know we have water restrictions? On Thursday, July 16th 2009, the City of Corona Department of Water and Power will host a class to help us learn how to cut our water usage. These classes are open to home owners and Corona residents. Thurs., July 16, 2009, 6:00 pm City of Corona 745 Corporation Yard Way can't make that one? There ...
    Posted to Corona Events (Weblog) by 278262 on July 14, 2009
  • California Running Out of $10,000 Tax Credits for New Homes

    First-time home buyers wanting to take advantage of the state's $10,000 tax credit may have less time than originally expected. California set aside $100 million to help home buyers purchase newly built homes, hoping to jump start the residential-construction market. According to state officials, the tactic has worked well and is helping to ...
    Posted to Market Update (Weblog) by 278262 on June 20, 2009
  • 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
  • HOMEOWNERS BEWARE: Foreclosure Rescue Scams

    Brought to you by your Realtor®, Liane Thomas, and the California Association of Realtors® With the recent rise in foreclosures, foreclosure-related scams have exploded onto the real estate scene. These so-called “foreclosure rescue companies” claim they will help save your home, but in reality are out to make a profit -- at ...
    Posted to Market Update (Weblog) by 278262 on June 11, 2009
  • Local REALTOR(R) Earns Prestigious Designation to Help Homeowners In Danger of Foreclosure

    Liane Thomas of The Thomas Group, Keller Williams Realty in Corona Ca. has earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance and short sales. This is invaluable expertise to offer at a time when the area is ravaged by “distressed” homes in the ...
    Posted to Market Update (Weblog) by 278262 on June 9, 2009
  • Home Sales Jump ~ April 2009

    Pending US Home Sales Surge Pending US home sales skyrocketed to their highest number in 7 years, a sure sign that the bottom is forming and that bargain seekers have arrived.  The National Association of Realtors reported that its seasonally adjusted index of sales contracts signed (the Pending Home Sales Index) jumped 6.7% to 90.3, well ...
    Posted to Market Update (Weblog) by 278262 on June 2, 2009
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