by Doug Reynolds | Jan 17, 2012 | No Category
By Drew FitzGerald Mortgage rates are expected to remain very low at least through mid-2012, while housing activity improves slightly, according to Freddie Mac’s economic and housing outlook released Wednesday. The outlook also projects fewer single-family home-loan...
by Doug Reynolds | Jan 16, 2012 | No Category
Remember, this article is national news. Sacramento Has more local stats that support a more stable market than the country as a whole. By Nick Timiraos, WSJ Prices of homes that aren’t selling out of foreclosure have been holding steady. CoreLogic reported that home...
by Doug Reynolds | Jan 15, 2012 | No Category
By Dean Calbreath California may finally have turned the corner into recovery, with the job market slated for slow but steady growth over the next two years, according to a report released today by UCLA’s Anderson Forecast. “Have we turned the corner in...
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...
