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1st time buyer housing affordability increases 50 percent

by countyproperties | Aug 21, 2008 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news

C.A.R. reports entry-level housing affordability increases 50 percent in second quarter 2008 compared with a year ago LOS ANGELES (Aug. 19) The percentage of households that could afford to buy an entry-level home in California stood at 48 percent in the second...

Multiple Offers are here again in San Diego & Riverside counties!

by countyproperties | Aug 21, 2008 | Real Estate news, Riverside foreclosure news, San Diego Foreclosure news

Multiple Offers are here again!         Investors are back in San Diego and Riverside, counties and “Multiple Offers” are here again. Foreclosures in San Diego priced under $450,000 in the last sixty days are selling...

DEFAULT NOTICES DECLINE IN CALIFORNIA

by countyproperties | Aug 21, 2008 | Real Estate news, Riverside foreclosure news, San Diego Foreclosure news

California led the nation with 72,285 foreclosure filings in July, a 5 percent increase from June and an 85 percent increase from July 2007, according to a recent report by RealtyTrac®. Bank repossessions, auction notices, and default notices all increased...

PENDING HOME SALES INDEX INCREASES 5.3 PERCENT IN JUNE, WHICH WILL AFFECT THE SAN DIEGO AND REAL ESTATE HOUSING MARKET

by countyproperties | Aug 14, 2008 | Real Estate news, Riverside foreclosure news, San Diego Foreclosure news

PENDING HOME SALES INDEX INCREASES 5.3 PERCENT IN JUNE, WHICH WILL AFFECT THE SAN DIEGO AND REAL ESTATE HOUSING MARKETThe Pending Home Sales Index, based on contracts signed in June, increased 5.3 percent in June to 89.0 from 84.5 in May, according to the latest...

NEW STUDY SUGGESTS HOME LOAN LIMITS, NOT SUBPRIME BORROWERS, LED TO MORTGAGE CRISIS

by countyproperties | Aug 8, 2008 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news

A new study from the UC Irvine Paul Merage School of Business Center for Real Estate suggests that the private mortgage industry, not subprime borrowers who took out risky adjustable rate loans, led to the current lending crisis that resulted in the dramatic rise and...

Confused about the many issues about mortgage bills in Congress?

by countyproperties | Jul 31, 2008 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news

If you are thinking of buying a home, you might be confused about the many issues in the news from mortgage rates to mortgage bills in Congress.    But the fundamentals of buying a home really haven’t changed and, in fact, there are new incentives on...
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