Barratt's City Square Debunking Market Trends
ESCONDIDO, Calif., Sept. 17 /PRNewswire/ -- Contrary to cooling market trends, Barratt American's City Square neighborhood in downtown Escondido has sold an astounding 18 homes in the month since its grand opening, it was announced by President of Barratt American's Urban Division Larry Clemens.
Joffrey Long: Reverse Mortgage Benefits to Be Reduced
GRANADA HILLS, Calif., Sept. 17 /PRNewswire/ -- A favorite reverse mortgage program -- one that gave borrowers the most in cash, monthly income, or credit line benefits, is soon to end.
Joffrey Long: How Smart Investors Are Profiting From the Sub Prime Meltdown
GRANADA HILLS, Calif., Sept. 17 /PRNewswire/ -- Four Months Ago, Bob Edleson, a private investor in real estate loans, was having difficulty keeping his money invested. "There just weren't enough good loans to invest in." Today, with many subprime lenders not making loans, Bob has a wide choice of loans in which to invest. Bob is a "private money" or "hard money" investor. From individuals with just 30,000 invested, to those who invest millions, they loan to borrowers whose credit or property doesn't meet the conditions of institutional lenders.
Joffrey Long: Reverse Mortgages – Wait and Lose $30,000
GRANADA HILLS, Calif., Sept. 17 /PRNewswire/ -- A recent article published by a major Organization for Retired Persons offers what looks like a poorly thought out suggestion. The article suggests that those considering a reverse mortgage "wait it out" for a year or two. While there may be some borrowers who truly are not yet ready to start a reverse mortgage, there are a number of potential problems, none of which were disclosed in the article.
Verdict One Releases Directory of Board Certified Attorneys for Consumers
TARPON SPRINGS, Fla., Sept. 13 /PRNewswire/ -- Verdict One, developer of the first directory of board certified lawyers of all specialties, announced today the opening of its website to consumers as well as attorneys.
J.D. Power and Associates Reports: Centex Homes Receives Platinum Award for Excellence in Home...
Centex Homes, Pulte Homes and CTX Mortgage Lead Rankings for Inaugural New-Home Quality, New-Home Design, and Builder Mortgage Origination Studies, Respectively
California Foreclosures Up 200% From Last Year
New data from Mortgage Bankers Association clarifies California's crisis, underscores need for immediate legislative action
In a Changing Housing Market, Profit by Publicity Shows Real Estate Agents and Brokers...
SAN RAFAEL, Calif., Sept. 4 /PRNewswire/ -- The Marin Association of REALTORS(R) today announced publication of Profit by Publicity , the how-to reference book that shows real estate agents and brokers how to generate free publicity in a changing housing market to help build their reputations, get more listings and sell more properties.
California Response to Foreclosure Crisis Weak
OAKLAND, Calif., Aug. 21 /PRNewswire-USNewswire/ -- A coalition of California consumer organizations demanded stronger, swifter action on the part of the California legislature in response to the subprime mortgage crisis at a press conference in Sacramento today as well as in testimony before the Senate Banking Committee.
Researchers explore increasing foreign investment in U.S. bonds, mortgage securities
BERKELEY – Unprecedented investment in U.S. securities such as government bonds and mortgage-backed securities by China and other foreign countries reflects a growing globalization of real estate finance and generally benefits all sides - including U.S. home buyers enjoying lower interest rates - say researchers at the University of California, Berkeley's Haas School of Business.
California MLSs to share real estate data
The California MLSAlliance, a new search platform that gives agents and brokers the ability to find real estate listings statewide, launched this week with more than 2.5 million listings.
New defaults for Crisp, Cole, records show
Four new defaults have rolled in for former Crisp & Cole Real Estate partners and spouses in less than a week, public records show.
Chicago firm plans to bolster its Inland real-estate holdings
First Industrial Realty Trust already has industrial land holdings in Inland Southern California and its growth plan includes substantial increases, a company official said Wednesday.
A faint light at the end of the real estate tunnel
Two years after the number of unsold homes began to rise and a year after prices began to slide, the local real estate market is showing the first signs of what could become a rebound, according to agents and others in the industry.
Donate to Charity when Buying or Selling Your House
When buying or selling your home, you have the chance to give big to the cause of your choice.I’ll admit it: I am one of those Californians that everyone loves to hate. I left the “Golden State” and am considering buying a house in another state because, as radio host might say, outside of California, “all the women are strong, the mountains are good-looking, and all the Real Estate prices are below California’s average.”
Real estate still booming in Koreatown
Developers and realtors in pockets of Southern California are channeling a new stream of South Korean investment money to stave off the slump that's hit much of the U.S. housing market. Lenora Chu has the story.
More homeowners to receive tax breaks because of falling house values
As the residential real estate market cooled and the commercial sector heated up, the total assessed value of property in Santa Clara County grew 8.25 percent last year, to a record $283.51 billion, county assessor Larry Stone said today.
Wannabe Buyers Welcome Housing Slump
LOS ANGELES -- Kurt Montufar isn't stressing over the housing slump. He's actually hoping things get worse. Like many wannabe homebuyers who were priced out of the market during the last boom, Montufar spends time these days scanning real estate ads and news reports to determine if it's time to take the plunge and buy.
FSBOs do better than agent listings in Wisconsin town
A new study based on data in Madison, Wis., concludes that sellers in the city do not get a higher price for their homes when using an agent and the local multiple listing service. But with a relatively low FSBO market share, that could mean that either more sellers are willing to pay agent commissions regardless of the sale price or that homeowners aren't aware of the FSBO Internet option.