by countyproperties | Mar 2, 2012 | Current Affairs, Real Estate news, San Diego Foreclosure news, San Diego Investment Properties, San Diego Real Estate, San Diego Short Sales
It seems like the San Diego real estate market has been a buyers’ market since the crash the end of 2007. With low interest rates, plenty of inventory, and low housing prices, buyers have been in control for quite some time because they’ve had their pick...
by countyproperties | Mar 2, 2012 | Commercial Real Estate, Finance, Latest News, Real Estate news, San Diego Investment Properties
According to the National Association of Realtors® quarterly commercial real estate forecast, all of the major commercial real estate sectors are seeing improved fundamentals, but multifamily housing is becoming a landlord’s market commanding bigger...
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...
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...
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...
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...
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...
by countyproperties | Feb 26, 2012 | Finance, Latest News, Real Estate news
The Labor Department said the seasonally adjusted figure of initial claims for the week ended Feb. 18 was 351,000 unchanged from the previous week, which was revised upward 3,000. Analysts surveyed by Econoday expected 355,000 new jobless claims last week with a range...
by countyproperties | Feb 26, 2012 | Latest News, loan modification, Real Estate news, Short Sales
An Oregon congressman is backing a bill that, if passed, would allow bankruptcy judges to force principal modifications on primary home mortgages during bankruptcy. Rep. Earl Blumenauer, D-Ore., proposed The Bankruptcy Equity Act to amend bankruptcy laws to allow...
by countyproperties | Feb 26, 2012 | Latest News, Real Estate news
The housing market is expected to make a positive contribution to gross domestic product for the first time in seven years in 2012, albeit a very modest one, Fannie Mae said Tuesday. The government-sponsored enterprise reported GDP growth of 2.8% in the fourth quarter...
by countyproperties | Feb 17, 2012 | loan modification, San Diego Foreclosure news, San Diego Real Estate
California’s housing market may get some much needed relief with last week’s announcement of the national mortgage settlement reached with the country’s five largest loan servicers. In the deal, 49 states, including California, agreed to a $25...
by countyproperties | Feb 17, 2012 | Latest News, loan modification, Real Estate news, San Diego Real Estate, San Diego Short Sales
On February 9, Attorney General Kamala D. Harris announced that California secured up to $18 billion for its distressed homeowners as part of a $25 billion national multistate settlement with the country’s five largest loan servicers. More than $12 billion will...
by countyproperties | Feb 17, 2012 | Real Estate news, San Diego Investment Properties, San Diego Real Estate
This year could bring a turnaround in both single-family and multifamily housing construction starts, analysts at Capital Economics said. Capital Economics made its assertion after the National Association of Home Builders reported homebuilder confidence in the...
by countyproperties | Feb 17, 2012 | Finance, Latest News
Federal Reserve Chairman Ben Bernanke said community banks are improving. The long maligned sector has accounted for a majority of bank failures since the 2008 financial crisis. Of the 392 bank failures between January 2008 and September 2011, 326 were community...
by countyproperties | Feb 17, 2012 | Latest News
Unique pump likely requires multiple permits By Paul Bianchina Inman News® Q: We need to install a toilet and sink just below grade going into a septic system for my elderly parents. Do we need an ejector-type toilet? Also is there a specific make/brand...
by countyproperties | Feb 12, 2012 | Latest News
From County Properties – Enjoy your special Happy Valentine’s Day! Here isa last minute idea for a free trial ValentineEcard . If San Diego will be the setting for a romantic get away for the two of you this Valentine’s Day, here are some great ideas...
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...
