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Homeowners should be aware of these tax breaks

by countyproperties | Mar 2, 2012 | Finance, Latest News, Real Estate news

Homeowners should be aware of these tax breaks that they may be eligible to receive. Mortgage interest: Homeowners are generally entitled to reduce their taxable income by the amount of mortgage interest they pay, as long as they itemize deductions on their tax...

NAR Video: Pending home sales hit 21-month high

by countyproperties | Mar 2, 2012 | Finance, Latest News, Real Estate news, San Diego Real Estate

Pending home sales rose to their highest level in 21 months in January, according to the National Association of Realtors® , as agents signed more contracts for existing homes. The seasonally adjusted index increased 2% month-over-month to 97 from a...

Housing Expected to Add to GDP in 2012

by countyproperties | Mar 2, 2012 | Finance, Latest News, Real Estate news

The 2012 outlook is improving modestly from a disappointing 2011. Economic growth picked up in the fourth quarter of 2011 to 2.8 percent and is expected to come in at 2.3 percent for 2012, up from 1.6 percent growth for all of last year, according to Fannie...

Fannie REO inventory declines 27%

by countyproperties | Mar 2, 2012 | Latest News, Real Estate news, San Diego Foreclosure news, San Diego Investment Properties

The year-end inventory of foreclosed homes at Fannie Mae fell for the first time since the housing downturn. In 2011, Fannie reduced its REO inventory 27% to roughly 118,500, according to its fourth quarter financial filing. Levels increased every year since 2007. For...

4 questions to determine if Keep Your Home California could work for you

by countyproperties | Feb 26, 2012 | loan modification, Real Estate news

Four easy-to-answer questions will determine if Keep Your Home California could work for you. And we’re not talking about fingers-and-toes counting, mind-numbing questions. Do you own and occupy your home as your primary residence? Is your home in California? Is...
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