Legislation will likely draw fire from industry groups, Senate Democrats
on the House Financial Services Committee have drafted legislation that would raise the minimum down payment for FHA mortgages to 5 percent, cut FHA loan limits in most markets, and move the Agriculture Department’s rural housing program to FHA’s parent [...]
There is a rare opportunity for Buyers who are financing their homes. A variety of financial components has made this a unique time for buyers to have purchasing powers
We often point out that a buyer should be more concerned about the COST of a home rather than the PRICE. Price obviously is a component of [...]
The conventional wisdom when selling a home has always been to wait until the ‘Spring Buying Season’. Over the years, that has seemed to make sense and is now accepted as a good strategy for those who want to sell their house and receive the best possible price. This real estate market has shattered many previously [...]
POWER BROKERS REPORT RANKS FIRST TEAM® REAL ESTATE #1 IN SALES IN CALIFORNIA AND 8TH NATIONWIDE
It doesn’t take a rocket scientist to figure out that the cream rises to the top in business when numbers are involved. That is probably one of the many reasons Roxana Greenman has contributed to First Team’s success.
(COSTA MESA, Calif., [...]
If a community’s safety is a marketing tool for real estate, new crime stats were no help for Huntington Beach.
According to the latest FBI statistics, overall crime incidents in Surf City rose 3.2% in the past year. Violent crimes went up 19.1% in 2010 as property crimes increased 2.2% in the same period.
Every year, the FBI tallies crime [...]
Southland Home Sales Quicken, Median Price Highest This Year
July 12, 2011
La Jolla, CA—Southern California home sales last month shot up more than usual from May to the highest level for any month since June 2010, when the market got its last big boost from homebuyer tax credits. Sales of lower-cost homes, driven by investors and [...]
The Federal Reserve stayed the course on monetary policyWednesday, keeping interest rates near zero as it cited temporary factors for the unexpectedly sluggish growth in the US economy.
The Fed open Market Committee unanimously decided to hold the ultra-low rate, end a $600 billion bond-buying program by June 30 and continue to reinvest its principal payments from security [...]
Housing markets that have seen the biggest plunges on home values have topped a new ranking of the best markets for rental-property investors.
Las Vegas, where home prices are down by more than 50% from their market peak, offers the best returns on homes maintained as rental properties, according to the report from HomeVestors of [...]