california housing market: 700 million to help California Homeowners
- 06/24/10 05:27 AM
With unemployment rates still so high in the state of California as well as many of our military struggling to survive, help is finally on the way. CalHFA Allocated $700 Million from New Federal Program to Assist Homeowners
The program is due to be up and running by the fall and has three seperate mortgage assistance programs. This is great news for California and offers a ray of hope for the economy and real estate market. I am looking forward to brighter days! … (0 comments)
california housing market: Is this a sign that the worst is over in the California housing market?
- 04/28/10 05:02 AM
For 3 months in a row , Californias total housing starts are up. What this means to us as California residents is that building permits for new homes is no longer standing stagnant. With a 45% increase in San Bernardino and Riverside counties permit activity it is a good sign that times are moving forward not backward. Is this a sign that the worst is over in the housing market? Obviously, we did not fall upon the crashing market overnight, so time is key. It will take time to recover, recoop and move forward. The good news is we are seeing … (2 comments)
california housing market: Is the California Market on the rebound?
- 02/02/10 03:08 AM
I was reading an article in the local paper about the housing market in California. According to the article Mortgage default notices for California homeowners dropped 24 percent during the fourth quarter. So this sounds like great news right? Should we be rejoicing that the crash is finally over? Or is there a catch? As I kept reading I saw the downside. According to the facts, the median priced home market appears to be stabilizing while the high end homes in the top percent of the market are now taking over in the default department. So while it is good news inn … (3 comments)
california housing market: Shocking realties of California Real Estate Market
- 10/23/09 03:15 AM
I was at a seminar for the state of real estate in California and in our area yesterday. These facts I am presenting are from very well made computer calculations over many years. This is important information as we live our new life in a new economy.We all have a good life, just a different life.1.It looks like there will be 15,000-20,000 foreclosures a month in California over the next 2-3 years.2. The stimulus is working. Inflation is a concern.3. Consumers are not spending. The credit impaired younger consumers cannot spend the way the used to. The wealth impaired older affluent … (7 comments)
With unemployment rates still so high in the state of California as well as many of our military struggling to survive, help is finally on the way. 
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