Archive for May, 2008
Sold in 15 Days!
Posted in Conejo Valley News, Listings, Thousand Oaks Real Estate, Ventura County Real Estate, Westlake Village Real Estate on May 30, 2008 | No Comments »
Some Good News, Some Bad News. Another (Weak) Week in Real Estate
Posted in Real Estate News on May 29, 2008 | No Comments »
The National Association of REALTORS sees some light at the end of the tunnel with developments this month in the credit markets, specifically with Fannie Mae and Freddie Mac.
Existing-home sales slowed in April, partly because restrictive lending practices hampered home buyers. At the same time, a greater number of areas are showing sales gains from [...]
The Spin is In- What to Read Between The Lines
Posted in Real Estate News on May 23, 2008 | No Comments »
Mortgage and Treasury rates have stayed within a tight range for six-straight weeks: 5.875 percent to 6.25 percent and 3.7 percent to 3.92 percent, respectively.
Given the lurching in other markets, the credit market stability may seem other-worldly, but it is not — recent bond trading accurately reflects the current economy. We are still stumbling forward, [...]
Even Congresswomen Are Walking Away (Say What?!?)
Posted in Real Estate News on May 21, 2008 | No Comments »
As the real estate market softened in 2007, the new owner of a three-bedroom, 1,600-square-foot house in Sacramento’s Curtis Park neighborhood ran into trouble. The house that was purchased for $535,000 in January had lost equity. The owner fell behind in her payments, and eventually, the bank seized the home.
What makes this story different from [...]
