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  • Unemployment in Riverside County and San Bernardino County Rises

    March 11, 2010 Employers shed almost 20,000 more jobs in San Bernardino and Riverside counties in January, while nearly one-in-five people in the Victor Valley were classified as unemployed by the end of that month, according to state statistics released Wednesday. At more than 17 percent unemployed, the Victor Valley continued to top ...
    Posted to Corona Market Update (Weblog) by 278262 on March 11, 2010
  • 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 Corona Market Update (Weblog) by 278262 on December 8, 2009
  • Townhouse For Sale in Cypress

    [photo:listing:7202858] • 1,031 sq. ft., 2 bath, 2 bdrm townhouse - MLS® $290,000 - Standard Sale! Cypress, Orange County  -  Cute townhome in Cypress, in the highly desirable Los Alamitos School District. Walking distance to schools and shopping. You'll love the ...
    Posted to Corona Market Update (Weblog) by 278262 on November 13, 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 Corona 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 Corona Market Update (Weblog) by 278262 on June 11, 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 Corona Market Update (Weblog) by 278262 on June 2, 2009
  • Help for the Troubled Housing Market!

    Finally we have some help for the troubled housing market. A law passed by the federal government and is one of the boldest and broadest pieces of legislation related to the real estate market since the great depression. Among other relief details, the legislation devotes $300 billion to helping troubled homeowners avoid ...
    Posted to Corona Market Update (Weblog) by 278262 on August 15, 2008
  • Interest Rate Snapshot December 27, 2007

    Interest Rates are Great! 30 Year Fixed  5.91% 15 Year Fixed  5.46% 5/1 Arm          5.63% 30 Year Fixed Jumbo  6.76% 5/1 Jumbo Arm 6.11% Thank You to Bankrate.com for providing the rates! Want a house for the New Year? It is time to shop. There are a lot of homes on the market ...
    Posted to Corona Market Update (Weblog) by 278262 on December 27, 2007
  • Fed's Announce Interest Rate Cut!

    As announced on Wednesday October 31, the Federal Reserve cut its benchmark interest rate by a quarter percentage point! What a wonderful Halloween treat for homeowners and investors! What does this mean to you? If you have a revolving HELOC, it has been at 7.75%. As of now it has dropped to 7.50%, and you didn't have to ...
    Posted to Corona Market Update (Weblog) by 278262 on November 1, 2007
  • Interest Rate Snapshot October 5, 2007

    Posted October 5, 200730 Year Fixed  6.05%15 Year Fixed  5.68%5/1 Arm           5.84%30 Year Fixed Jumbo  6.84%5/1 Jumbo Arm 6.41%Thank You to Bankrate.com for providing the rates!Thank you for visiting, and have a safe and happy weekend! Liane Thomas, REALTOR(R)Serving Southern ...
    Posted to Corona Market Update (Weblog) by 278262 on October 5, 2007
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