Short Sell your existing home,and then Buy your next home concurrently!  To Short Sell, the existing bank or lender agrees to discount the loan balancebecause of an economic or financial hardship on the part of the owner.These extenuating homeowner circumstances are usually related tothe current real estate market...

Buyers hoping to purchase deeply discounted homes may want to consider purchasing homes in the high end—especially those priced $2 million or more.  In some cases, buyers may be able to command even lower prices on these homes, as financing continues to be a challenge...

New Fed rules. Beginning Oct. 1, 2009 new rules adopted by the Federal Reserve will go into effect, requiring greater diligence on the part of mortgage lenders and brokers who issue high-cost loans for borrowers with less than favorable credit.  The interest rates on these loans...

WASHINGTON — The Federal Reserve chairman, Ben S. Bernanke, said Tuesday that it was “very likely” that the recession had ended although he cautioned that it could be months before unemployment rates dropped significantly. “Even though from a technical perspective the recession is very likely...

San Diego-Riverside real estate market flipped from buyer's market to a sellers market.  A buyers market is when the inventory is high and demand from buyer's is low. A sellers market is the opposite, inventory is low and buyer demand is high. This is an...