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San Diego & Riverside CA falling prices opens up home buying!

by countyproperties | May 23, 2008 | Real Estate news, Riverside foreclosure news, San Diego Foreclosure news

As a result, 53.8% of all new and existing homes sold nationwide during the first three months of 2008 were affordable to families earning the median household income of $61,500, according to the latest Housing Opportunity Index released Tuesday by Wells Fargo and the...

How do foreclosures work in San Diego or Riverside CA?

by countyproperties | May 16, 2008 | Finance, Riverside foreclosure news, San Diego Foreclosure news

Q-How long does it take for a property to be foreclosed in San Diego or Riverside CA?A-Late on payments causes:1. Day 1 Notice of Default is recorded by the bank2. Day 14 Notice of Default must be mailed to borrower 10 days after recordation.3. Day 91 Notice of...

San Diego and Riverside CA Housing Crisis Is Over

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

Walls Street came out with the article below that spells out the national status of the current and future real estate market. The Housing Crisis Is Over By CYRIL MOULLE-BERTEAUXMay 6, 2008 The dire headlines coming fast and furious in the financial and popular press...

Good news for real estate owners

by countyproperties | May 2, 2008 | Real Estate news, Riverside foreclosure news, San Diego Foreclosure news

Good news for real estate owners in Philadelphia: The median sales price of homes in the metro area increased 35.9 percent to $229,9000 during the three-month period ending in February, according to the recently released Market Report. And it’s the second...

Federal Reserve 7th cut in interest rates, is it the last?

by countyproperties | May 2, 2008 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news

The Federal Reserve cut interest rates on Wednesday for the seventh straight time since September of last year. This makes the Prime interest rate a low 5%! Many experts believe that the Fed is done cutting interest rates and will begin a new watch-and-wait policy....

Prices starting to stabilize in San Diego & Riverside Foreclosure market

by countyproperties | Apr 27, 2008 | Riverside foreclosure news, San Diego Foreclosure news

The heart of the housing crisis isn’t about existing homes sales. The real issue is the millions of American homeowners who have no home equity or are upside down in their homes. For the millions of homeowners who are facing this situation the small up tick in...
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