The Nichols Canyon California Daily Real Estate Blog Wednesday March 28th, 2012

The Nichols Canyon California Daily Real Estate Blog Wednesday March 28th, 2012

The Beverly Hills Real Estate blog

www.patandmelody.com

 Please e-mail us at:  mrpk1@pacbell.net  should you need immediate assistance.

Welcome to the written blog and check out our daily blog and occasional video joke which is posted around noon time here or on Facebook.  http://youtu.be/QfQCPgV0bTg

Wednesday - Mostly cloudy skies early, then partly cloudy this afternoon. High 67.  Magic Johnson’s group to buy the Dodgers for 2 Billion dollars.  Of course taking into account Obama inflation of the US dollar the actual amount in 2010 dollars is a little over $23.15   We love Magic and the Dodgers and Vinny!

Real Estate News: Nation numbers down… LA slightly:  http://www.latimes.com/business/la-fi-home-prices-20120328,0,7146772.story

Where not to buy?

http://news.yahoo.com/blogs/sideshow/pic-bugarach-french-commune-home-20-000-doomsday-210932058.html

Here are this week's new real estate stories:

• Understaffed banks say "Oops!" to foreclosures

Struggling to keep up with foreclosure complaints, Chase, BofA and Citigroup have admitted to...

• Increased MIPs don't decrease FHA's attractions

The Federal Housing Administration is raising its...

• Borrowers must stay savvy among increased loan options

Customized loans are growing in popularity, with lenders offering just...

Vote Now: Do you encourage your buyers to shop around for a loan with multiple lenders?

• The votes are in: AMCs have decreased appraisal efficiency and increased homebuyer costs

Of the 420 first tuesday readers who voted in our recent poll, an overwhelming...

• Betting on single family residences? Good luck

American single family residences (SFRs) have experienced an increase in...

• Tax tip: 100% first-year depreciation deduction on tenant improvements

Income property brokers, heads up: a 100% first-year depreciation deduction is available on...

• February home sales volume on the rise

Is that light we see at the end of the tunnel? 29,630 new and resale home transactions...

• Seniors drive home purchases

The rate of homeownership among those aged under 35 has...

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 CU tomorrow and Count Your Blessings!