by countyproperties | Feb 12, 2012 | Latest News, loan modification, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales
In his State of the Union address, President Obama laid out a plan to help responsible borrowers and support a housing market recovery. Key aspects of the president’s plan include: Broad-based refinancing: The president’s plan will provide borrowers who...
by countyproperties | Feb 12, 2012 | Latest News, New Homes, San Diego Real Estate
The list of housing markets showing measurable improvement grew by 29 in February, bringing the total to 98 entries on the National Association of Home Builders/First American Improving Markets Index, released Monday. “The number of improving housing markets has...
by countyproperties | Feb 12, 2012 | Finance, Latest News
The economy added 243,000 jobs in January and the unemployment rate fell to 8.3%, its lowest level since February 2009. The Labor Department said large gains in professional and business services, leisure and hospitality, and manufacturing jobs drove the gains, which...
by countyproperties | Feb 12, 2012 | Latest News, New Homes
California saw the third-lowest yearly housing permit total and the worst yearly total on record for single-family units in 2011, according to the California Building Industry Association (CBIA). CBIA said a total of 47,015 permits were issued statewide last year for...
by countyproperties | Feb 12, 2012 | Latest News, loan modification, San Diego Short Sales
Fannie defends ending pilot principal-reduction program. A small pilot principal reduction program Fannie Mae killed in 2010 was not performing well enough for executives to expand, the mortgage giant claims. Reps. Elijah Cummings, D-Md., and John Tierney, D-Mass.,...