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  • More Lenders Suspend Foreclosures for Christmas 2009!

    As we shared last week, Fannie Mae, Freddie Mac, and Citigroup said they will not foreclose on families during the holidays. And as expected, other major lenders have followed suit, including Bank of America, JPMorgan Chase, and Wells Fargo. Bank of America is halting all foreclosure sales and evictions from December 21, 2009 ...
    Posted to Market Update (Weblog) by 278262 on December 22, 2009
  • Good Christmas Cheer for Homeowners in Foreclosure!

    In an unexpected gesture of goodwill, Fannie Mae and Freddie Mac will suspend foreclosure evictions from December 19, 2009 through January 3, 2010. To help struggling families over the holidays, both owner-occupants and tenants living in properties foreclosed upon by Fannie Mae will not be evicted. Freddie Mac's suspension of evictions ...
    Posted to Market Update (Weblog) by 278262 on December 18, 2009
  • It Is Getting Harder to Buy a House

    FHA to toughen rules for borrowers The Federal Housing Administration (FHA) is proposing raising minimum credit scores for borrowers who receive FHA-backed mortgages, increasing down payment requirements, and limiting the amount of money sellers can provide toward closing costs. The proposed changes are part of an effort to shore up the ...
    Posted to Market Update (Weblog) by 278262 on December 8, 2009
  • Have You Seen The New Show "Hoarders"? Do You Need To De-Clutter?

    Last week I caught the premier of the show "Hoarders" on A & E (if you missed it, you can go to their website to view the entire episode). It was amazing, and got me to thinking about how someone goes from being a pack rat (guilty!) to being a hoarder. The show inspired me to get rid of some of the clutter around my home, and my ...
    Posted to Market Update (Weblog) by 278262 on December 8, 2009
  • 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
  • 12843 Prairie Circle in Eastvale Corona is Sold!

    Eastvale, Corona  -  The single story at 12843 Prairie Circle has been sold. If you have a house to sell, call the team that can get the job done! Short sales are welcome! Property information Liane Thomas, Keller Williams Realty, The Thomas Group www.AllCoronaHomes.com 951 454-3805 dre ...
    Posted to Market Update (Weblog) by 278262 on October 23, 2009
  • Yummy Grilled Guacamole

    No really, this is good! Just prepare about half an hour before serving, so it has time to cool!   Summertime Guacamole2-3 medium to large-sized avocados, halved and seeded 3 tbsp freshly squeezed lime juice 1 clove garlic, finely chopped 1/3 C red onion, finely chopped 1 jalapeño chili, seeded and finely chopped 1 small tomato, seeded ...
    Posted to Market Update (Weblog) by 278262 on July 14, 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
  • CNN Says Housing Market may be Stabilizing!

    CNN is searching for a bottom in the housing market With consumer confidence rising in May to its highest level in eight months, housing starts increasing more than 17 percent in May compared with the previous month, and sales of existing homes climbing 2.9 percent in April nationwide, it appears that the housing market may be stabilizing. So ...
    Posted to Market Update (Weblog) by 278262 on July 5, 2009
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