JH Real Estate News

After Governor Jerry Brown signed SB 458 into law, the hopefulness turned into helplessness for many homeowners pursuing short sale as a foreclosure alternative. On July 15, 2011 California Governor Jerry Brown may have thought he was doing a good thing for the world of short sales. That is the ...

Reports indicate that the FHFA lacks the staff to adequately monitor mortgage giants Fannie Mae and Freddie Mac. According to a report by the Office of the Inspector General (OIG) the Federal Housing Finance Agency (FHFA) lacks examiners to properly monitor Fannie Mae and Freddie Mac who it has ...

Suze Orman urges us all to get real about harboring the idea  that equity will return to our underwater property anytime soon ! According to CBS 13(Sacremento) more than half of the homeowners in three of the largest counties in California (Sacremento, San Joaquin, and Stanislaus) are upside dow...

Housing production in California dropped in July, falling 70% from last year’s levels. California Building Industry Association (CBIA) reported that the lowest monthly permit totals were posted since January of 2009. Compared to 901 permits for single- and multi-family housing filed last year, T...