by countyproperties | Oct 21, 2011 | Latest News, Real Estate news, San Diego Investment Properties, San Diego Real Estate
Freddie Mac (OTC: FMCC) recently released its U.S. Economic and Housing Market Outlook for October showing with rental demand rising and apartment economics improving, the multifamily sector is a strong positive signal for the U.S. housing industry. Over the year...
by countyproperties | Oct 21, 2011 | Finance, Latest News, Real Estate news
Mortgage interest rates are not set by banks, lenders or brokers. Mortgage interest rates are based on mortgage-backed securities (MBS), which trade just like regular stocks and bonds. In essence, if MBS selling volume is lower, bond yields and mortgage interest rates...
by countyproperties | Oct 21, 2011 | Latest News, Real Estate news
It is unlikely home prices will drop as much as 17%, but analysts with Barclays Capital evaluated that possibility during a recent analysis of future home prices. However, the firm noted such a decline is unlikely because the shadow inventory of 4 million to 7 million...
by countyproperties | Oct 21, 2011 | Finance, Latest News, Real Estate news
The Senate voted 60-38 Thursday night to reinstall the elevated conforming loan limits on mortgages guaranteed by the government. The higher limits expired Sept. 30. Sens. Johnny Isakson (R-Ga.) and Robert Menendez (D-N.J.) introduced an amendment to H.R. 2112, a...
by countyproperties | Oct 16, 2011 | Latest News, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales
Chase_Incentive_Marketing_letterThe nation’s largest banks are luring a select number of San Diego County homeowners to complete short sales with the promise of cash, in some cases as much as $35,000 for each deal. These incentive offers, which require lenders...
by countyproperties | Oct 16, 2011 | Latest News, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news, San Diego Real Estate
Home values were down on a yearly basis in August, but showed relative stability in the near term, according to indices that track home values nationwide. Home values fell 4.5 percent year over year in August, to $172,600, and remained essentially flat compared to...
