by countyproperties | Jul 11, 2008 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
On July 14, the Federal Reserve is expected to present a revised set of rules governing mortgage lending. Proposed rules issued in December drew significant criticism from lenders, who fear that tougher standards at a time when credit already is tight could make many...
by countyproperties | Jul 11, 2008 | Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
Pending home sales fall 4.7 percent, after posting a sharp gain in April, NAR’s Pending Home Sales Index for May slipped by 4.7 percent and was 14 percent below 2007 levels. While the decline reflects continued softness in the market, there was some good news in the...
by countyproperties | Jul 5, 2008 | Current Affairs
John Adams (1735-1826) was instrumental in negotiating in favor of independence at the Continental Congresses (1774-78), signed the Declaration of Independence. John Adams’ famous letter of July 3, 1776, in which he wrote to his wife Abigail what his thoughts...
by countyproperties | Jul 5, 2008 | Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
Currently we are observing two types of properties in the market: those that are priced right with multiple offers, and those that are priced to high do not get significant showings. Although San Diego statistics “Days on Market” is average now about...