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Monthly Archives: January 2012
Real Estate 2012: Many Positive Outlooks
There is a growing belief among many experts that 2012 will be the year housing turns the corner and starts heading in a more positive direction. Whenever we write a post like this, we unleash the hordes of critics who … Continue reading
Posted in Listings
California home sales rise in December, posting 11-month sales high
LOS ANGELES (Jan. 17) – California home sales rose for the third consecutive month in December, marking the highest level since January 2011, according to data from the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). Sales also were up from a year … Continue reading
Posted in Listings
Rate on 30-year mortgage down to record 3.88%
The average rate on the 30-year fixed mortgage fell again this week to a record low. The eighth record low in a year is attracting few takers because most who can afford to buy or refinance have already done so. … Continue reading
Posted in Listings
Weekly Mortgage Watch
Mortgage rates fell again into record low territory last week… (Read full article below) http://ping.fm/M5rXY
Posted in Listings
In Real Estate, Keeping Current Matters!
There is too much misinformation being spread about today’s real estate market. Studies are being misinterpreted. Prominent names are being used to foster a point even if their quote is from years ago. As an example, we want to look … Continue reading
Posted in Listings
People Are Buying Homes AND GETTING MORTGAGES!
Many believe that very few houses are selling and that almost no one can get a mortgage. We want to let everyone know that neither of these assumptions is true. Recently, the National Association of Realtors (NAR) released their Existing … Continue reading
Posted in Listings
Mortgage Predictions for 2012
It’s the time of year that we look ahead and attempt to give our best guesses about the market, the industry, and the effects they may have. So, here are my thoughts about the mortgage world: (See full article here…) … Continue reading
Posted in Listings
Fed to Publish Rate Forecasts
Federal Reserve officials will begin to publish their forecasts for interest rates later this month, part of a communications revamp that could help bolster the fragile U.S. economic recovery. Fed officials will tell the public when they expect short-term interest … Continue reading
Posted in Listings