by countyproperties | Jan 21, 2012 | Latest News, Real Estate news, Riverside Real Estate, San Diego Real Estate
Improved employment figures and record home affordability levels could spawn a minor housing recovery this year, analyst Mark Fleming said Wednesday in the CoreLogic MarketPulse report. Fleming says economic concerns peaked in the summer of 2011 when politicians were...
by countyproperties | Jan 21, 2012 | Latest News, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
Foreclosure starts across the West Coast plummeted in December as California, Nevada and Washington reported double-digit declines in new mortgages entering the process, according to ForeclosureRadar. California, in particular, saw foreclosure starts decline by 30.6%...
by countyproperties | Jan 21, 2012 | Latest News, loan modification, Real Estate news, San Diego Foreclosure news, San Diego Short Sales
Fannie Mae will require mortgage servicers to install a new program providing forbearance relief to unemployed borrowers beginning March 1, according to guidance released Wednesday. Servicers will be able to provide up to six months of relief without getting approval...
by countyproperties | Jan 21, 2012 | Finance, Latest News, Real Estate news
Interest rates are the lowest in decades, enticing many borrowers to shop for a loan. Mortgage lenders adjust their rates based on perceptions of risk, so unless the borrower can show they’re a low-risk individual, the borrower is unlikely to qualify for a rate that...
by countyproperties | Jan 21, 2012 | Finance, Latest News
Recent news on December job creation showed that 200,000 non-farm jobs were added in December 2011. Including December’s data, the economy is nearly one-third of the way to recovering the 8.8 million jobs that were lost during the recession (we’ve gained 2.7 million...
