Julie's Blog

I came across this brief article this morning and thought it was worth sharing: Reworking Troubled Mortgages Isn't That SimpleIn order to rework troubled mortgage, the government may have to do more than persuade lenders and investors that workouts are ultimately more profitable than foreclosure,...

With September sales volume of up in all counties in the Sacramento region from last year and for most counties up even from August we are finally seeing a decline in homes for sale.  Check out my weekly column, "Six Months of Increasing Homes Sales in Sacramento," over at Rocklin & Roseville Tod...

I received word this morning that some lenders are not providing pricing on FHA Plus which are loans in excess of $368,231 and conforming Plus which are conforming loans above $417,000.  Remember these were temporary limits with an end date of December 31, 2008.  Because these loans must be clos...

I just listed a great home in Rocklin's Reflections at Sierra College which has 3 bedrooms, 2.5 baths and almost 1,600 square feet of living space.  If you are looking for a home and not a lot of yard work this is the house for you.  With a small front and back yard you have all the benefits of a...

We have finally slipped below 14,000 homes for sale in Sacramento.  According to HousingTracker there were 13,958 homes on the market as of October 13.  This is the first time since March of 2007 since we have been this low.  It is still higher than it should be and the uncertainties of foreclosu...

It very nice to see a break in the warm weather and even to get a bit of rain but I am happy to see we will be getting some nice warm days this week as we move deeper into October. Over at MagnumOne Realty we had a strong past week with some new listings and some nice escrow closings.  One of the...

After the failed vote on the financial rescue plan on Monday the Senate takes the spotlight today and is likely to pass a slightly revised plan to provide liquidity back to the credit markets.  I predict an embarrassed House of Representatives will place their rubber stamp on the bill and we will...