Short Sale Babies and Appraisal Hiccups - 06/29/10 04:27 PM
 
Despite previous economic predictions, long term interest rates have fallen to their all time lows -  30 year fixed rate loans are available starting at 4.375%.    Combine that with the fact that lenders are becoming more proficient in handling their short sales, I'm wondering if we might look back on this as one of the best buyers markets.    My first short sale took so long, the buyer conceived and delivered a baby before it closed after 50 weeks.   My most recent short sale got approval within +/-50 days.
 
First quarter statistics in the San Lorenzo Valley:
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M.C. Dwyer

Felton, CA

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Santa Cruz Mountains REALTOR Century 21 Showcase REALTORs

Address: 13210 Central Avenue, Boulder Creek, CA, 95006

Cell Phone: (831) 419-9759

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Find all the information you need about Santa Cruz Mountains real estate - from new listings to prices and statistics. I'll also post stories about the process of buying and selling homes, as well as timely tips about taxes, interest rates, and getting a loan. Check here for upcoming activities in the Santa Cruz mountains, too!


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