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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
  • Corona ~ Photos with Santa December 19, 2009

    The Promenade Shops at Dos Lagos is please to invite you to visit with Santa on Saturday, December 19th from 4pm - 7pm. Bring your own camera to capture the memories. Santa will be at the Kirkorian Theatre lobby. After photos with Santa, stick around and join us as the Dickens Carolers Quartet entertain us with the music of the season. ...
    Posted to Corona Events (Weblog) by 278262 on December 15, 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
  • 2 Story For Sale in Sierra del Oro

    [photo:listing:7083075] • 3,031 sq. ft., 3 bath, 5 bdrm 2 story - $550,000 - Priced To Sell Fast! Sierra del Oro, Corona  -  Luxury Living Orange County Close! You must see this highly upgraded Sierra del Oro, Corona Pool Home! The elegance starts at the gated courtyard ...
    Posted to Market Update (Weblog) by 278262 on November 8, 2009
  • June 2009 California Housing Market Fast Facts

    Calif. median home price - June 09: $274,740 (Source: C.A.R.) Calif. highest median home price by C.A.R. region June 09: Santa Barbara So. Coast $850,000 (Source: C.A.R.) Calif. lowest median home price by C.A.R. region June 09: High Desert $108,600 (Source: C.A.R.) Calif. First-time Buyer Affordability Index - First Quarter 2009: 69 percent ...
    Posted to Market Update (Weblog) by 278262 on August 2, 2009
  • Avoid Foreclosure

    Home owners who are facing foreclosure often dread dealing with the facts that got them to that place. If they think back to when they first bought that home, losing their home was probably the furthest thing from their mind. Few home owners actually plan to go into foreclosure.Reasons For Pending ForeclosureApart from those who knowingly ...
    Posted to Market Update (Weblog) by 278262 on July 26, 2009
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