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Fear of rising mortage rates could spur buyer demand

by countyproperties | Mar 26, 2012 | Latest News, Real Estate news, San Diego Real Estate

Fannie Mae economists predict rates will stay near 4 percent through 2013 If mortgages rates are headed up — and not everyone agrees that they are — that could create a drag on housing markets, warns Lawrence Yun, chief economist with the National...

Top Foreclosure Myths for 2012

by countyproperties | Mar 16, 2012 | Latest News, San Diego Foreclosure news, San Diego Real Estate

Beginning in 2007, foreclosures rocked the real estate world. Like an out-of-control freight train, they began decimating the market, peaking in 2009. Myths and rumors began propagating like mushrooms as consumers struggled to understand the new reality. Although many...

Is San Diego Real Estate Turning into a Seller’s Market?

by countyproperties | Mar 2, 2012 | Current Affairs, Real Estate news, San Diego Foreclosure news, San Diego Investment Properties, San Diego Real Estate, San Diego Short Sales

It seems like the San Diego real estate market has been a buyers’ market since the crash the end of 2007. With low interest rates, plenty of inventory, and low housing prices, buyers have been in control for quite some time because they’ve had their pick...

NAR Video: Pending home sales hit 21-month high

by countyproperties | Mar 2, 2012 | Finance, Latest News, Real Estate news, San Diego Real Estate

Pending home sales rose to their highest level in 21 months in January, according to the National Association of Realtors® , as agents signed more contracts for existing homes. The seasonally adjusted index increased 2% month-over-month to 97 from a...

New California homeowner relief programs now available

by countyproperties | Feb 17, 2012 | loan modification, San Diego Foreclosure news, San Diego Real Estate

California’s housing market may get some much needed relief with last week’s announcement of the national mortgage settlement reached with the country’s five largest loan servicers. In the deal, 49 states, including California, agreed to a $25...

California to Receive $18 Billion in Mortgage Settlement

by countyproperties | Feb 17, 2012 | Latest News, loan modification, Real Estate news, San Diego Real Estate, San Diego Short Sales

On February 9, Attorney General Kamala D. Harris announced that California secured up to $18 billion for its distressed homeowners as part of a $25 billion national multistate settlement with the country’s five largest loan servicers. More than $12 billion will...
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