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C.A.R. releases 2009-2010 “State of the California Housing Market”

by countyproperties | Mar 12, 2010 | Real Estate news, Riverside Real Estate, San Diego Investment Properties

Affordable home prices, tax credits for home buyers, historically low interest rates, and a large number of distressed properties prompted many first-time home buyers to enter the market in 2009, according to C.A.R.’s 2009-2010 “State of the California...

CalHFA awarded $700 million to assist homeowners

by countyproperties | Mar 12, 2010 | Finance, Real Estate news

The U.S. Treasury has allocated nearly $700 million to CalHFA to help low-and moderate-income borrowers who have been impacted by unemployment and declining home values. CalHFA now must submit a proposal by April 16 to the Treasury outlining innovative programs...

FHFA Extends Refinance Program By One Year

by countyproperties | Mar 5, 2010 | Finance, Real Estate news, Riverside Real Estate, Riverside Short Sales, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales

Washington, DC — Federal Housing Finance Agency Acting Director Ed DeMarco today announced the extension of the Home Affordable Refinance Program, (HARP), a refinancing program administered by Fannie Mae and Freddie Mac, to June 30, 2011. The program is a key...

California new-home production rises in January

by countyproperties | Mar 5, 2010 | New Homes, Real Estate news, Riverside Real Estate, San Diego Real Estate

Statistics compiled by the Construction Industry Research Board (CIRB) show home builders pulled permits for 2,979 total housing units in January, a 49 percent increase compared with January 2008 but an 18 percent decline compared with December 2009. Permits for...

Loan Modification Scam Prevention

by countyproperties | Mar 5, 2010 | Finance, Real Estate news, Riverside foreclosure news, Riverside Real Estate, Riverside Short Sales, San Diego Real Estate, San Diego Short Sales

The U.S. Dept. of Housing and Urban Development, in partnership with the Loan Modification Scam Prevention Network, launched http://www.preventloanscams.org/, a new Web site to prevent loan modification scams. The Loan Modification Scam Prevention Network developed...

BluWood House Debuts in Louisiana

by countyproperties | Mar 5, 2010 | Current Affairs, Real Estate news

BluWood House Debuts in Louisiana LAFAYETTE, LA – The blue house under construction was quite a sight in the Louisiana city of Lafayette, named for the French military hero who fought the British in the Revolutionary War. These days the war is against the...
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