by countyproperties | Jul 22, 2012 | Latest News, New Homes
Housing starts in June rose 6.9% from May, reaching a seasonally adjusted annual rate of 760,000 units last month, the U.S. government said Wednesday. Bloomberg news is calling it the largest uptick in starts in three years. That is well above the revised May estimate...
by countyproperties | Jul 22, 2012 | Finance, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales, Short Sales
California Governor Jerry Brown signed into law yesterday the Homeowner Bill of Rights to help struggling Californians keep their homes. This law aims to avoid foreclosure where possible to help stabilize California’s housing market and prevent the other...
by countyproperties | Jul 22, 2012 | New Homes
Builder confidence in the market for newly built, single-family homes rose six points to 35 on the National Association of Home Builders/Wells Fargo Housing Market Index in July – the largest one-month gain recorded by the index in nearly a decade. The Index now...
by countyproperties | Jul 22, 2012 | Real Estate news, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales, Short Sales
Starting January 1, 2013, a new California law will protect homeowners who default on their refinance loans from personal liability for any deficiency following foreclosure. Existing anti-deficiency law protects a borrower from personal liability for the difference...
by countyproperties | Jul 22, 2012 | Current Affairs, Latest News, Real Estate news
Total existing home sales declined 5.4% to a seasonally adjusted annual rate of 4.37 million in June from 4.62 million the month before. Existing sales in June were 4.5% higher than the 4.18 million units sold a year earlier. The month of June was somewhat of a...