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MORTGAGE RATE

California Mortgage Rates
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TRANSLATOR

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Bidding Wars are BACK in some areas.

California Home Price is stabilizing….

Interest rate is all time low….

Buyers’ Confidences are back….

Home Inventory is low….

That Means = Bidding Wars are BACK in some areas.

If you are planning or thinking of selling, it’s not a bad time to do so.

Top 20 metros for rising home prices

Median single-family existing-home prices rose on a yearly basis in just over half of 146 markets tracked by the National Association of REALTORS® in the first quarter, indicating prices are stabilizing, the trade group said today.

 

Nationally, the U.S. median single-family existing-home price dipped 0.4 percent from a year ago in the [read more ...]

Bill would encourage foreigners to buy U.S. homes

A house in San Marino, where median home prices have risen — largely because of Asian home buyers and investors — even as real estate values in the region have declined. (Gary Friedman, Los Angeles Times / January 27, 2011)

Article from L.A. Time. This could be a help of our depressed market. [read more ...]

Our Government at Work!!!

House Minority Leader pictured standing, far right, speaks while colleagues play solitaire Monday night as the House convened to vote on a new budget. (AP)

The guy sitting in the row in front of these two….he’s on Facebook, and the guy behind Hennessy is checking out the baseball scores.

These are the folks [read more ...]

REITs : if stability is your thing

Apartment is once again out performed other sectors in real estate. While I am advocating income properties producing positive cash-flow, many just missed the point. They are still in the buy and flip mentality. These companies mentioned in this Forbes article are not flippers.

REITs: Making The Most Of A Rocky Market [read more ...]

The Visiting Dog

An older, tired-looking dog wandered into my yard. I could tell from his collar and well-fed belly that he had a home and was well taken care of. He calmly came over to me, I gave him a few pats on his head; he then followed me into my house, slowly walked down [read more ...]

Don’t Get Scammed! Real Estate Mail Fraud Scam.

Don’t Get Scammed! Real Estate Mail Fraud Scam.