by countyproperties | Dec 23, 2011 | Finance, Latest News
The number of initial jobless claims fell further last week to the lowest level in more than three years. The Labor Department said the seasonally adjusted figure of actual initial claims for the week ended Dec. 17 declined by 4,000 to 364,000 from 368,000 the...
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 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 | 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 | 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...
