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Commercial Real Estate multifamily loans outperform other sectors

by countyproperties | Mar 9, 2012 | Commercial Real Estate, Latest News

Commercial and multifamily mortgages outperformed other loan types as their delinquency rates fell in the fourth quarter, the Mortgage Bankers Association said Wednesday. The trade group said the delinquency rate for multifamily loans more than 60 days late insured or...

Fun things to do in San Diego for March 2012

by countyproperties | Mar 2, 2012 | Latest News

March 2 – 4 Spring Home/Garden Show The San Diego Spring Home/Garden Show has hundreds of different exhibits including home improvement products, furnishings, decorating & remodeling ideas, garden displays, and flowers and landscaping. Time: Sat: 10:00 am...

Is San Diego Real Estate Turning into a Seller’s Market?

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...

Commercial Real Estate Vacancy Rates Improving Rents Firming

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...

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...

Jobless claims at lowest level since 2008

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...

Proposed bill for home loan principal reduction in bankruptcy courts

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...

Fannie Mae says housing to boost GDP for first time in 7 years

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...

New California homeowner relief programs now available

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...

California to Receive $18 Billion in Mortgage Settlement

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...

2012 looking like a strong year for multifamily construction

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...

Bernanke says health of community banks improves

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...

Installation musts for below-grade bathroom fixtures

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...

10 Romantic Ideas for Valentine's Day in San Diego 2012

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...

Details on new plan to help responsible homeowners

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...

Improved housing markets numbers increasing for February 2012

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...
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