by countyproperties | Dec 23, 2011 | Latest News, Real Estate news
Housing starts shot higher by 9.3% in November, according to Commerce Department data, climbing to the highest level of the year. On a seasonally adjusted basis, starts increased to 685,000 from 627,000 for October, which was revised downward 1,000. November housing...
by countyproperties | Dec 16, 2011 | Finance, Latest News, San Diego Real Estate
After half a decade of withering sales and slumping prices, there are strong and diverse signs that the single-family housing market is poised for a rebound. In some metropolitan areas, the market has bottomed, with both sales and prices on the rise and foreclosures...
by countyproperties | Dec 16, 2011 | Latest News, Riverside foreclosure news, San Diego Foreclosure news
U.S. home values continued to fall in October, but at a rate that has stabilized as the market heads toward a bottom, according to a report from property valuation site Zillow. Nationally, home values dipped 0.3 percent in October from September, and declined 5.1...
by countyproperties | Dec 16, 2011 | Latest News, loan modification, San Diego Foreclosure news, San Diego Short Sales
Foreclosure-prevention actions by Fannie Mae and Freddie Mac increased in the third quarter of 2011, according to a report by the Federal Housing Finance Agency. Since entering conservatorship in 2008, the GSEs have taken nearly 2 million foreclosure-prevention...
by countyproperties | Dec 10, 2011 | Finance, Latest News, Real Estate news
Barclays Capital analyst Stephen Kim predicts a housing recovery buoyed by improving jobs numbers and the fact prices for nondistressed homes will have stabilized without government support. “In the absence of a government homebuyer incentives, prices for...
by countyproperties | Dec 10, 2011 | Finance, Latest News, Riverside foreclosure news, Riverside Real Estate, San Diego Foreclosure news, San Diego Real Estate
Mortgage delinquencies of 60 days or more are forecast to rise through the first quarter of 2012 and then decline to about 5% by the end of 2012, according to TransUnion. After six consecutive quarterly declines between the fourth quarter of 2009 and the second...
by countyproperties | Dec 10, 2011 | Latest News, loan modification, San Diego Short Sales
The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), the Consumer Financial Protection Bureau (CFPB), and the U.S. Department of the Treasury today announced the creation of a joint task force to combat scams targeted at...
by countyproperties | Dec 10, 2011 | Commercial Real Estate, Finance, Latest News, San Diego Investment Properties
The percentage of commercial loans that paid off at their maturity date rebounded in November, an improvement that probably won’t continue next year, according to a Trepp report released Wednesday. In November, 47.1% of loans that reached their balloon date paid...
by countyproperties | Dec 10, 2011 | Going Green, Latest News
Q: I’ve had loose-fill fiberglass (insulation) in my attic since 1975. I have some new insulation with brown paper covering on one side so I need to know if that is called batts? If it is called insulation batts, then can I put them on top of loose-fill...
by countyproperties | Dec 10, 2011 | Going Green, Latest News
The Alliance to Save Energy urges American consumers to give themselves the gift of energy efficiency this holiday season–and reap the benefits when they file their 2011 federal tax returns–by taking advantage of tax credits for energy efficiency home improvements....
by countyproperties | Dec 10, 2011 | Government Owned Properties, Latest News, San Diego Foreclosure news, San Diego Investment Properties, San Diego Real Estate
HomePath Mortgage allows a borrower to purchase a Fannie Mae-owned property with a low down payment, flexible mortgage terms, no lender-requested appraisal and no mortgage insurance. Expanded seller contributions to closing costs are allowed. Benefits to You, the...
by countyproperties | Dec 3, 2011 | Latest News
December Nights in Balboa Park Dec. 2-3 Enjoy museum attractions, nativity, Santa, gift shopping, and food and spirits. The highlight spectacle is when a huge Christmas Tree lights up in glorious song and music! 10-5pm. (619) 252-9883 / www.visitdecembernights.com...
by countyproperties | Dec 3, 2011 | Latest News, Real Estate news, Riverside Real Estate, San Diego Real Estate
Pending home sales soared more than 10% in October and remain above year-ago levels, in a hopeful sign for the nation’s housing market, according to the National Association of Realtors. NAR’s pending home sales index,a forward-looking indicator based on...
by countyproperties | Dec 3, 2011 | Latest News, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
New York City foreclosure filings dropped 32% in the third quarter over last year. Lenders filed 3,168 foreclosures on single-family and multifamily properties during the quarter, according to a study from New York University Furman Center for Real Estate and Urban...
by countyproperties | Nov 24, 2011 | Latest News, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
The inventory of foreclosures held by private banks dropped for the fourth straight quarter to $50.4 billion worth of properties at Sept. 30, according to the Federal Deposit Insurance Corp.The REO level at the end of the third quarter is down 1.5% from $51.3 billion...
by countyproperties | Nov 24, 2011 | Latest News, Real Estate news, San Diego Real Estate
Pending home sales in California rose in October and were up from the previous year for the sixth consecutive month. Additionally, distressed home sales rose in October from both the previous month and year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)...
by countyproperties | Nov 18, 2011 | Finance, Latest News, Real Estate news, San Diego Real Estate
Although the housing market struggled to maintain an even footing in 2011, gradual improvement is expected in 2012 and beyond, according to projections at a residential forum here at the 2011 Realtors® Conference & Expo. Lawrence Yun, chief economist of...
by countyproperties | Nov 18, 2011 | Latest News, San Diego Real Estate, Sellers
We’re getting close to the end of the year, which begs the question of whether it’s worthwhile trying to sell your home now. Is it a waste of time? Will it sit on the market and become shopworn? Should I take my house off the market for the holidays? Will...
by countyproperties | Nov 18, 2011 | Finance, Latest News, Real Estate news
A lease-to-own house purchase (also “rent-to-own purchase” or “lease purchase”) is a lease combined with an option to purchase the property within a specified period, usually three years or less, at an agreed-upon price. Such arrangements have...
by countyproperties | Nov 18, 2011 | Latest News, loan modification, Real Estate news, Short Sales
