by countyproperties | Nov 6, 2007 | San Diego Foreclosure news
REO’S or also known as Bank Owned and Short Sale’s, (homes and condos) listing statistics for San Diego County, CA. As of today there are a total of 16,515 homes and condos listed for sale in San Diego County which in this report we contains the following...
by countyproperties | Nov 4, 2007 | Real Estate news
Regarding the CA fires, we at County Properties wish everyone well, including their family, friends and neighbors! Active listings on the market last week were at: 21,120 condos/homes, today the count is 20,545 for all of San Diego County and South Riverside County....
by countyproperties | Oct 5, 2007 | Finance
Mortgage resets: Ignorance may be bliss, but it could mean a lot of pain for all the players in the subprime crisis when a record number of adjustable rate mortgages reset. NEW YORK (CNNMoney.com) — About $50 billion in adjustable rate mortgages reset this...
by countyproperties | Sep 21, 2007 | Latest News
(Sept. 18) – In a bold strike, the Federal Reserve slashed a key interest rate by a half point on Tuesday – the first cut in over four years – and left the door open to further relief to prevent a painful housing slump and jarring credit crunch from driving the...
by countyproperties | Aug 24, 2007 | Real Estate news
New home sales for July were up in the West, Factory orders were up, jobless claims were down and all is right with the world- at least for the moment. The employment report is encouraging, indicating that employers are not over-reacting to the credit crunch and...
by countyproperties | Aug 17, 2007 | Finance
Associated Press NEW YORK – Stocks soared Friday after the Federal Reserve did what Wall Street was clamoring for and cut its key discount rate a half percentage point. The move quelled credit worries at least for the time being and sent the Dow Jones...
by countyproperties | Aug 3, 2007 | Finance
The lending market lost its rudder and took a nosedive last week and interest rate on some programs went up as investors stood on the sidelines in confusion. Where does an Investor put his or her money now? Unemployment is up slightly to 4.6%…the Jobs Report...
by countyproperties | Jul 27, 2007 | Real Estate news
While foreclosures rates remain substantially higher across the country over 2006 figures, the number of filings of loan defaults, auction sales, and bank repossessions fell by 7 percent in June, according to the U.S. Foreclosure Market Report released July 12 by...
by countyproperties | Jul 20, 2007 | Finance
A record week for the Dow Jones, pushing over 13,900 for the first time ever. Perception is 90% of reality- nobody wants to hear negative news (retail sales took a dive, the subprime market lingers like a bad hangover, gas prices are up, the housing market crunched...
by countyproperties | Jul 13, 2007 | Latest News
As Inventories Decline Home prices are expected to recover in 2008 with existing-home salespicking up late this year and new-home sales rising early next year,according to the latest forecast by the National Association of Realtors®.Lawrence Yun, NAR senior...
by countyproperties | Jun 22, 2007 | Finance
Rates on 30-year mortgages, after rising for five straight weeks, edged down slightly this week, Freddie Mac reported in its nationwide survey. Thirty-year, fixed-rate mortgages fell to 6.69 percent this week from 6.74 percent last week, when rates had jumped to the...
by countyproperties | Jun 8, 2007 | Real Estate news
High-end home values remained strong in Los Angeles, San Diego, and San Francisco during the first quarter of 2007, according to the First Republic Prestige Home Indexâ„¢, which tracks homes valued at more than $1 million in key California markets....
by countyproperties | Jun 1, 2007 | Latest News
A forward-looking indicator based on pending home sales shows the housing market could edge down but appears to be in the process of leveling out, according to the National Association of Realtors®. The Pending Home Sales Index*, based on contracts signed...
by countyproperties | May 25, 2007 | Finance
Friday’s employment report showed strong job growth with 157,000 new jobs added in April. The Federal Reserve is expected to leave interest rates alone when it meets June 27-28. Consumer spending rose by 0.5 percent in April. Mortgage rates took it on the chin...
by countyproperties | May 25, 2007 | Real Estate news
Now may be the time to get into the game Real estate has its market cycles like any type of investment, and lately it’s been getting bad press. Investors may have second thoughts about putting money in this asset class right now, what with all the talk about a...
by countyproperties | May 4, 2007 | Real Estate news
Sub prime lending news will lead to regulatory pressures from the FEDS & Congress. As a result most banks and lending institutions will have more pressures, which may lead to aggressiveness in regards to helping sellers in default and liquidating banks owned...
by countyproperties | May 4, 2007 | Real Estate news
The Federal Reserve’s Federal Open Market Committee today reported that moderate economic growth is likely in the coming months, despite ongoing concerns about core inflation. The Committee also announced its decision to keep the target for the federal funds...
by countyproperties | Apr 20, 2007 | Real Estate news
By Emmet Pierce UNION-TRIBUNE STAFF WRITER April 20, 2007 San Diego County neighborhoods with large minority populations have been especially hard hit with foreclosures and risky subprime loans, members of the San Diego City-County Reinvestment Task Force were told...
by countyproperties | Mar 19, 2007 | Finance
Global stock markets rebounded early on Monday as a wave of takeover activity helped investors shake off an obsession with the slumping U.S. housing market. The Dow Jones industrials closed up 115 points. Concerns about rising mortgage defaults remained...
by countyproperties | Mar 12, 2007 | Real Estate news
Nationwide home sales are expected to reach annual levels similar to 2006, despite the recent weather patterns and challenges in subprime lending that have created ambiguity in the U.S. housing market, according to NAR’s recent forecast. Existing-home sales...
