Your Real Estate Willigness - 04/26/11 05:46 PM
In Real Estate
Your Approach, Your Abilitiy and Your Willigness To Do The Work of
Real Estate Sales
Will Be The Greatest Determining Factors
For Your Success
 
 
 
 
… (0 comments)

Freddie Mac Forecast and Increase in Home Sales in 2011 - 04/18/11 04:10 PM
Freddie Mac forecasts a 5% increase in 2011 home sales over 2010, according to its U.S. Economic and Housing Market Outlook for April.  The report also contends that refinancing will likely account for a smaller share of loan applications later this year as wealthy borrowers decrease and mortgage rates increase. Expect to see a bit of spring in homes sales activity during the second quarter, said Frank Nothaft, VP and chief economist at McLean, Virginia-based Freddie Mac.  Nothaft continued, Sales contract signings for existing homes were up in February, positioning the market for a bounce up going into the traditional home-buying season.  … (4 comments)

Rents Climb and Apartment Vacancies Fall - 04/11/11 03:35 PM
Housing affordability is a big part of the housing picture.  When it is cheaper to rent, then people tend to rent more.  When rents start to climb, it is a precursor to stronger demand for housing.The vacancy rate for U.S. apartments posted a steep decline in the first quarter and rents crept higher as the job market improves. The quarterly vacancy report showed the vacancy rate dropped to 6.2 percent in the first three months of the year, down from 6.6 percent in the fourth quarter. It was the steepest fall since the commercial real estate research firm began tracking the market … (0 comments)

California Received Federal Funds To Assist Home Owners in Distress - 04/08/11 03:48 PM

Share This
California has expanded the pool of borrowers who could qualify for three programs aimed at helping families at risk of losing their homes, by making those who tapped their home equity or who took out loans after Jan. 1, 2009, eligible for assistance.
The California Housing Finance Agency (CalHFA) is administering nearly $2 billion in federal "Hardest Hit" funds, a $4.1 billion program targeted at states with high foreclosure rates or unemployment.
CalHFA is using the Hardest Hit fund to provide four "Keep Your Home California" programs. More than 2,000 homeowners are in the process of receiving … (0 comments)

Are the Loan Modification and Foreclosure Prevention Programs Working? - 04/04/11 12:53 PM
Taking a closer look at the realities of all the government foreclosure prevention programs sheds light on how off the mark they have been.
For the record, at the time ALL of these programs were celebrated as a possible solution to the housing crash. Sure, in hindsight its all too easy to be cynical about the Obama Administrations various programs, acts, guidelines...not to mention the literally dozens of new acronyms we have all had to learn. (HAMP, HAFA, PRA, HARP etc etc)
Here are the hard facts from the NYT and Corelogic:
Congress set aside $50 billion for foreclosure prevention, amid … (0 comments)

 
My%20new%20pictures%20020111 Rainmaker_large

Alberto Pacheco

Granada Hills, CA

More about me…

Keller Williams Granada Hills

Address: 16842 Devonshire St, Granada Hills, CA, 9134

Office Phone: (818) 491-4520

Cell Phone: (818) 481-9211

Email Me

I write about real estate, my trips, mortgage loans, loan modification programs.


Listings

Links

Archives

RSS 2.0 Feed for this blog