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San Diego: Relocate America’s Top 100 Places To Live (2010 Edition) - 05/18/10 01:50 PM
Relocate America recently released its 2010 list of Top 100 Places To Live In America. The rankings are topped by some cities you may expect, and some you may not. Los Angeles did not make the list.
According to Relocate America, the rankings highlight communities “moving in the right direction”, defined as having a combination of strong leadership, job opportunities, improving real estate markets, recreational options and a good quality of life.
It’s not a bad formula and coming in at number 4 on the list of Top 10 Places To Live In America is San Diego.  San Diego was chosen for its … (2 comments)

Foreclosure Activity Slows For The First Time In Several Years - 05/18/10 01:42 PM
The national foreclosure rate is finally falling.
According to foreclosure-tracking firm RealtyTrac.com, the number of foreclosure notices dropped 2 percent between April 2009 and April 2010.
Two percent may not seem like much, but it’s the first time in the history of the RealtyTrac report that the annual foreclosure rate has dropped.
To be sure, foreclosure rates remain elevated — more than 300,000 were reported last month, but default notices appear to be approaching a plateau.
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(2 comments)

Homeownership After Short Sale, Is It Possible? - 05/16/10 03:36 PM
Recently I’ve been receiving a number of questions asking Homeownership After Short Sale, Is It Possible. Many people who through no fault of their own had to sell were blocked from repurchasing a house for four years or longer, even though they’d rebuilt their credit, had qualifying incomes and were fully capable of handling a mortgage responsibly.
We are short selling our home, the mortgage company would not do a loan mod. Although we could not afford this house, we can afford a cheaper one – our credit scores are in the 640s. Will we be able to get another loan … (4 comments)

California's 2010 Tax Credit for New Home Owners Update 05/14/2010 - 05/14/10 02:39 PM
As of 05/13/2010 California has received 2,470 applications for the $10,000 tax credit for new home owners totaling $13,283,000. So it's not too late to get your application in. Remember submitting an application does not guarantee you'll get the tax credit.
For more information e-mail or call me today:
E-Mail: e...@e....com
(0 comments)

 

Ed Brophy - REALTOR® - DRE #01344385

Palm Springs, CA

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Ed Brophy, REALTOR®

Address: Rancho Mirage, CA, 92270

Office Phone: (760) 844-3736

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