by countyproperties | Sep 30, 2011 | Finance, Latest News
The number of initial jobless claims fell 8.6% last week, dropping below 400,000 for the first time in months. The Labor Department said the seasonally adjusted figure of actual initial claims for the week ended Sept. 24 decreased by 37,000 to 391,000 from 428,000 the...
by countyproperties | Sep 23, 2011 | Latest News, Real Estate news, San Diego Real Estate
Sales of previously owned homes came in 18.6 percent higher last month when compared to August 2010, according to data released Wednesday by the National Association of Realtors (NAR). Completed transactions rose 7.7 percent on a month-over-month basis to a seasonally...
by countyproperties | Sep 23, 2011 | Finance, Latest News
FICO scores, which are used by financial institutions to determine creditworthiness, remained “relatively stable” between 2005 and 2011, according to Banking Analytics Blog. Still, new data suggests mortgage foreclosures, delinquencies and bankruptcies...
by countyproperties | Sep 23, 2011 | Latest News, San Diego Real Estate
The state of California is soaking in the last rays of the calendar summer and cashing in on the last days of the traditional homebuying season, with sales soaring in August and the median home price touching on its highest reading of the year. Data provided by the...
by countyproperties | Sep 23, 2011 | Finance, Latest News, Real Estate news
The Federal Reserve’s plan to reinvest principal payments on some bonds into mortgage-backed securities is already contributing to the nation’s record low mortgage interest rates, Bankrate said Thursday. Bankrate said the Federal Open Market Committee...
by countyproperties | Sep 23, 2011 | Latest News, Real Estate news, San Diego Investment Properties
Investors are expecting a widespread rebound in U.S. commercial real estate markets, according to an analysis published Monday by the San Francisco Federal Reserve Bank. With the two most widely followed measures of commercial real estate prices showing divergent...
