by countyproperties | Oct 1, 2009 | Luxury Homes, Riverside Real Estate, San Diego Real Estate
Buyers hoping to purchase deeply discounted homes may want to consider purchasing homes in the high end–especially those priced $2 million or more. In some cases, buyers may be able to command even lower prices on these homes, as financing continues to be a challenge...
by countyproperties | Oct 1, 2009 | Current Affairs, Finance, Riverside foreclosure news, Riverside Real Estate, San Diego Foreclosure news, San Diego Investment Properties, San Diego Real Estate, San Diego Short Sales
New Fed rules. Beginning Oct. 1, 2009 new rules adopted by the Federal Reserve will go into effect, requiring greater diligence on the part of mortgage lenders and brokers who issue high-cost loans for borrowers with less than favorable credit. The interest rates on...
by countyproperties | Sep 18, 2009 | Finance, Real Estate news, Riverside foreclosure news, Riverside Real Estate, San Diego Foreclosure news, San Diego Real Estate
WASHINGTON – The Federal Reserve chairman, Ben S. Bernanke, said Tuesday that it was “very likely” that the recession had ended although he cautioned that it could be months before unemployment rates dropped significantly. “Even though from a...
by countyproperties | Aug 22, 2009 | Current Affairs, Real Estate news, Riverside foreclosure news, Riverside Real Estate, San Diego Foreclosure news, San Diego Investment Properties, San Diego Real Estate
San Diego-Riverside real estate market flipped from buyer’s market to a sellers market. A buyers market is when the inventory is high and demand from buyer’s is low. A sellers market is the opposite, inventory is low and buyer demand is high. This is an...
by countyproperties | Jul 30, 2009 | Real Estate news, San Diego Real Estate
C.A.R. reports sales increased 20.1 percent Home sales increased 20.1 percent in June in California compared with the same period a year ago, while the median price of an existing home declined 26.4 percent, according to a C.A.R. report released Monday. “Many...