by countyproperties | Nov 2, 2012 | Government Owned Properties, Latest News, San Diego Foreclosure news, San Diego Investment Properties, San Diego Real Estate
HomePath Mortgage allows a borrower to purchase a Fannie Mae-owned property with a low 3% down payment, flexible mortgage terms, no lender-requested appraisal and no mortgage insurance. Expanded seller contributions to closing costs are allowed. A good deal for San...
by countyproperties | Jun 16, 2012 | Latest News, Real Estate news, San Diego Investment Properties, San Diego Real Estate
Consumer data show that Americans are taking a “wait and see” approach to buying or selling a home, according to Fannie Mae’s May 2012 National Housing Survey. “This is not surprising given their assessment that their income during the past...
by countyproperties | Jun 16, 2012 | Real Estate news, San Diego Investment Properties, San Diego Real Estate
It’s a trend that has survived for more than a year: As Americans remain skiddish on housing, foreign buyers are filling the void in some areas. The Wall Street Journal reported Tuesday that Asians, Canadians, Europeans and Latin Americans made up $82.5 billion,...
by countyproperties | May 26, 2012 | Current Affairs, San Diego Foreclosure news, San Diego Investment Properties, San Diego Real Estate
Existing-home sales rose in April, and home prices continued to rise, according to the National Association of Realtors. Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 3.4% to a...
by countyproperties | Apr 11, 2012 | Latest News, Real Estate news, San Diego Foreclosure news, San Diego Investment Properties, San Diego Real Estate
A survey of bank risk professionals found fewer lenders expect a rise in delinquencies on home loans, car loans, and small business loans, according to FICO’s quarterly survey. In the latest survey, the number of respondents expecting mortgage delinquencies to...
by countyproperties | Apr 3, 2012 | Latest News, Real Estate news, San Diego Foreclosure news, San Diego Investment Properties, San Diego Real Estate
The spikes in sales in late-2009 and mid-2010 were due to the home buyer tax credit deadlines. Outside of these spike periods, the past two months of sales are at the highest levels in 5 years. Inventory has been steadily falling. The charts show the raw number of...