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New tax changes will go into effect on Jan. 1, 2012

by countyproperties | Dec 30, 2011 | Finance, Latest News, Real Estate news

Several tax changes will go into effect on Jan. 1, 2012 — some good, some not so good. Here are the most important changes you should know about: Tax breaks that have been reduced for 2012 Several tax breaks will be reduced, but not eliminated, for 2012. 1....

Good Signs for the New Year

by countyproperties | Dec 23, 2011 | Finance, Latest News, Real Estate news

Good Signs for the New Year By Lawrence Yun, NAR Chief Economist Here’s a change. Lately most of the dire economic news has been coming out of Europe: talk about the future of the Eurozone, whether or not the EU will hold together as an entity, and even some...

Jobless claims is the lowest level since April 2008

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...

Residential Housing Market Ready To Awaken?

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...

Barclays Capital analyst sees housing rebound coming in 2012

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...

Mortgage delinquencies projected to decrease in 2012

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...
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