Ca. central Valley Real Estate will be 1st to Rebound!

Pendings are up, in fact doubling", closings are right behind! The Ca. Central Valley is rebounding in a big way when it comes to Real Estate. Now even more "GOOD NEWS". the Feds are helping out too! Check this excerpt from the Mercury News today....

 

FHA boosts loan ceiling

LIMIT NOW $729,750 IN VALLEY

By Sue McAllister
Mercury News

Article Launched: 03/06/2008 01:33:45 AM PST

 

"Offering a ray of hope for a struggling California housing market, the government Wednesday doubled the limit for loans guaranteed by the Federal Housing Administration in 14 high-cost California counties, including Santa Clara County.

New, temporary limits announced by the U.S. Department of Housing and Urban Development were derived from median home prices in each county, and top out at $729,750. Previously, the maximum was $362,790."...

...Full story on this link... http://www.mercurynews.com/valley/ci_8472574?nclick_check=1

 It's a great time to buy in the Ca Central VAlley! For all the Agents who worked so hard to survive this market fluctuation...Way to Go!!!

 

The Coach

 
Post is included in group: Real Estate Articles Exchange
Post is included in group: Twitter

1 Comments on Ca. central Valley Real Estate will be 1st to Rebound!

Hi Eric, I hope your right!  I too have noticed my phone is ringing alot more this month than the last couple.

Steve

03/22/2008 02:25 PM by Steven W. Monk (V. P., 1031 Exchange Expert) (Exeter 1031 Exchange Services)

Leave a response…

Name:
Notify me of new comments:
Comment:
What does the graphic say?
 
Real Estate Brokerage: Prudential California Realty
Eric Bryant
Modesto, CA
More about me…
Prudential California Realty

Office Phone: (209) 758-3113
Cell Phone: (209) 481-6860
Email Me

Links

Tags (Tag Cloud)

Archives

RSS 2.0 Feed for this blog
ATOM 1.0 Feed for this blog

Find CA real estate agents and Modesto real estate here on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2007 ActiveRain Corp. All Rights Reserved