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  • 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
  • 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
  • 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
  • Price Reduced on 3803 Clarkson Street in Riverside

    Riverside, San Bernardino  -  Announcing a price reduction on 3803 Clarkson Street, a 1,752 sq. ft., 3 bath, 3 bdrm two story home with 2 car garage. Now MLS® $179,000 - Just Reduced! + BONUS. Property information
    Posted to Market Update (Weblog) by 278262 on May 26, 2009
  • 10478 Pendleton Street in La Sierra is Sold!

    La Sierra, Riverside  -  The single story at 10478 Pendleton Street has been sold. Property information
    Posted to Market Update (Weblog) by 278262 on May 23, 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
  • Price Reduced on 10478 Pendleton Street in La Sierra, Riverside

    La Sierra, Riverside  -  Announcing a price reduction on 10478 Pendleton Street, a big 1,665 sq. ft., 3 bedroom home (could be 4 bedroom), 2 bath single story home. Located in the La Sierra area of Riverside, plan your visit today! . Now $172,000 - Price Reduction!. Property information
    Posted to Market Update (Weblog) by 278262 on February 6, 2009
  • Price Reduced on 6476 Avenida Mariposa in Indian Hills

    Indian Hills, Riverside  -  Announcing a price reduction on 6476 Avenida Mariposa, a 1,785 sq. ft., 3 bath, 4 bdrm 2 story. Now MLS® $199,999 - . Property information
    Posted to Market Update (Weblog) by 278262 on December 23, 2008
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