by countyproperties | Feb 19, 2010 | Real Estate news, San Diego Real Estate
Sales of existing homes increased 13.9 percent nationwide in Q4.Sales of existing homes, including single-family and condos, increased 13.9 percent to 6.03 million units in the fourth quarter, compared with 5.29 million units in the third quarter, according to a...
by countyproperties | Feb 19, 2010 | Finance, Real Estate news
The Federal Reserve is poised to turn off a major money spigot that has helped sustain the ailing real estate sector, as an extraordinary program under which the Fed has pumped $1.25 trillion into the mortgage market is slated to end March 31. “Housing has been...
by countyproperties | Feb 19, 2010 | Finance, Real Estate news
The Federal Reserve raised the rate it charges banks that borrow from the central bank when they run short of funds. The Fed said late Thursday it is raising its discount rate by a quarter percentage point, or 25 basis points, to 0.75%. The central bank said in a...
by countyproperties | Feb 17, 2010 | Current Affairs, Real Estate news
Domestic flightA retired commercial jetliner gives new meaning to "mobile home" When a tree flattened her home in 1994, JoAnn Ussery began her search for new a new home. In fact, the 52-year old Benoit, Mississippi, hairdresser decided she wanted to live in...
by countyproperties | Feb 12, 2010 | Real Estate news, Riverside foreclosure news, Riverside Real Estate, Riverside Short Sales, San Diego Foreclosure news, San Diego Investment Properties, San Diego Real Estate, San Diego Short Sales
A recent report shows that one in five U.S. homeowners owed more on their mortgage than their home was worth in the fourth quarter; however, California’s housing market is bucking the national trend and is telling a different story. • Although the report by...
by countyproperties | Feb 5, 2010 | Finance, Real Estate news, Riverside foreclosure news, Riverside Real Estate, Riverside Short Sales, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales
New rule affects homeowners in foreclosure avoidance program AMP documentation requirements updated. The U.S. Dept. of the Treasury and the Dept. of Housing and Urban Development (HUD) recently announced changes to its Home Affordable Modification Program...
