by Doug Reynolds | Jan 13, 2012 | No Category
By Julie Schmit, USA TODAY Steven and Lisa Maultsby lost their Mississippi home to foreclosure this year. At the time, they thought they were being reviewed for a loan modification through the U.S. government’s foreclosure-prevention program. A Realtor knocking...
by Doug Reynolds | Jan 13, 2012 | No Category
Month-to-month sales increase 8.9%, lowest December median since 2000 Sales increased for the month to 1,668 units sold, up 8.9% from the 1,531 closed escrows last month. Year-to-year closed escrows were also up (10.9%) from the 1,504 units sold last December. Making...
by Doug Reynolds | Jan 12, 2012 | No Category
John Gittelsohn,Kathleen M. Howley, Bloomberg News U.S. mortgage debt, a driver of consumer spending during the real estate boom, dropped to the lowest level in almost five years in the third quarter as foreclosures wiped out home loans and housing purchases fell. The...
by Doug Reynolds | Jan 11, 2012 | No Category
By: John Riha Published: December 30, 2011 When the new year arrives, promises and resolutions abound. Here’s the top-10 list of what the resolute home owner should accomplish this year. Ready for 2012? Here it comes: 1. Lose weight (cut energy use)2. Quit smoking...
by Doug Reynolds | Jan 10, 2012 | No Category
California pending home sales fell 9.1 percent in November but were up from a year ago, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ Pending Home Sales Index (PHSI)*. However, the index was up 11 percent from November 2010, marking the seventh consecutive...