First Time Buyer Savvy: SMOOTH TRANSACTIONS
Help start the buying process off on the right foot by keeping these four tips in mind (otherwise known as partnering with a great mortgage broker): 1. Read more ⇢
News
Alert: Foreclosure Activity Down 17% from a Year Ago
RealtyTrac’s analysis shows that foreclosure filings were reported on 261,333 U.S. properties in January. The January foreclosure market report shows a 1 percent increase from the previous month but… Read more ⇢
ALERT: Obama to Recommend Phasing Out Fannie/ Freddie
The industry is abuzz with news that the federal government could unveil its proposal for overhauling Fannie Mae and Freddie Mac as early as Friday. The GSEs haven’t had… Read more ⇢
ALERT: HOME PRICES ENDED 2010 SHOWING NO CHANGE
Two separate industry gauges released Tuesday indicate that despite the ups and downs seen in monthly reports on home prices over the last year, residential property values ended 2010… Read more ⇢
ALERT: MORTGAGE DELINQUENCY RATE DROPPED 18% IN 2010
According to data released by Lender Processing Services (LPS) Tuesday, delinquency rates are down across all first-lien home loan products, with an 18 percent overall decline since the start… Read more ⇢
Alert: Low FICO Score Home Loans Available
There is currently an FHA program available to borrowers with FICO scores between 580 and 639. This means a real opportunity for buyers to qualify for a home loan!… Read more ⇢
15 Business Books That Are Shaking Up the Business World
The globalization and digitalization of the U.S. economy has compelled many business leaders to rethink their approach to building and growing a successful company. This week, we take a… Read more ⇢
Remodeling Cost vs. Value Report
Remodeling.net has once again prepared its annual Cost vs. Value report, designed to give homeowners an idea of which remodeling projects bring the best return on investment. The company… Read more ⇢
Investing in Short Sales: Fact vs. Fiction Right Now
Are you an investor looking for big profits in short sales? I am asked daily about whether it’s a good idea to be investing in short sales. An internet… Read more ⇢
Cheaper to buy than to rent
Despite the rising number of renters across the country, it is cheaper to buy a home rather than rent one in 72 percent of the 50 largest cities in… Read more ⇢
Why Is the Market Moving to Short Sales?
According to a six-month study by Clayton Holdings in states with extended foreclosure timelines, losses sustained in an REO sale can be 25% higher for the investor than those… Read more ⇢
Westwood 90024 stats: Week at a Glance
In the past 7 days, there were 29 new listings, 65 price reductions and 84 foreclosures in 90024. The average listing price went up 5.26% to $2,567,958 from prior… Read more ⇢
Beverly Hills 90210 stats: Week at a Glance
In the past 7 days, there were 16 new listings, 75 price reductions and 21 foreclosures in 90210. The average listing price went up 0.62% to $5,648,929 from prior… Read more ⇢
Brentwood 90049 stats- Week at a Glance
In the past 7 days, there were 16 new listings, 96 price reductions and 36 foreclosures in 90049. The average listing price went up 1.83% to $2,493,439 from the… Read more ⇢
Alert- Interest Rate Raise
The twin impetus pushing the interest rate rise — stronger economic numbers and borrowing by the Treasury — have at last blown long-term rates to the next levels. The… Read more ⇢
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