“Southland Home Prices Tumble Fast” was the headline that greeted me today as I picked up my morning paper. The thrust of the story was that home prices have slid an average of 19% in the last year.
For those of you who know me well, this kind of reporting drives me crazy. I realize that [...]
Archive for the ‘General Real Estate’ Category
Los Angeles Times is Spinning Fear Again
Posted in Conejo Valley News, General Real Estate, Home Buyers, Home Sellers, Los Angeles County Real Estate, Oak Park Real Estate, Real Estate, Real Estate Investing, Real Estate Investors, Real Estate News, Real Estate Sales Data, San Fernando Valley Real Estate, Southern California Real Estate, Thousand Oaks Real Estate, Ventura County Real Estate, West Hills Real Estate, Westlake Village Real Estate, foreclosure, foreclosure crisis, foreclosures, housing crisis, real estate crisis on March 14, 2008 | No Comments »
Okay, HUD announced the new limits. Now what?!?
Posted in Conejo Valley News, General Real Estate, Home Buyers, Home Sellers, Los Angeles County Real Estate, Mortgage News, Oak Park Real Estate, Real Estate, Real Estate News, Real Estate Sales Data, San Fernando Valley Real Estate, Southern California Real Estate, Thousand Oaks Real Estate, Ventura County Real Estate, West Hills Real Estate, Westlake Village Real Estate, foreclosure, foreclosure crisis, foreclosures, housing crisis, real estate crisis on March 7, 2008 | No Comments »
As many of you know, the new loan limits were announced by HUD on Wednesday. These market-specific loan limits will provide significant opportunity to us in many markets, and we know you are anxious to begin applying for both FHA and GSE (Fannie Mae and Freddie Mac) loans using these new loan [...]
What does the mortgage side of the Stimulus Package mean for you?
Posted in Conejo Valley News, General Real Estate, Home Buyers, Home Sellers, Los Angeles County Real Estate, Mortgage News, Oak Park Real Estate, Real Estate, Real Estate News, Real Estate Sales Data, San Fernando Valley Real Estate, Southern California Real Estate, Thousand Oaks Real Estate, Ventura County Real Estate, West Hills Real Estate, Westlake Village Real Estate, foreclosure, foreclosure crisis, foreclosures, housing crisis, real estate crisis on February 11, 2008 | No Comments »
For the immediate future, not much. While this is not the answer most of us want to hear, it is the reality we are facing. Higher limits will certainly help both the refinance and purchase areas of real estate but there are still a lot of details to be taken care of.
Below is the best [...]
Banks tighten lending standards at record pace
Posted in Conejo Valley News, General Real Estate, Home Buyers, Home Sellers, Los Angeles County Real Estate, Mortgage News, Oak Park Real Estate, Real Estate, Real Estate News, Real Estate Sales Data, San Fernando Valley Real Estate, Southern California Real Estate, Thousand Oaks Real Estate, Ventura County Real Estate, West Hills Real Estate, Westlake Village Real Estate, foreclosure, foreclosure crisis, foreclosures, housing crisis, real estate crisis on February 4, 2008 | No Comments »
More banks tightened standards on residential and commercial real estate loans during the final quarter of 2007 than at any time in the 17-year history of the Federal Reserve’s quarterly survey of loan officers.A record 55 percent of loan officers at domestic banks surveyed in January said they’d tightened standards on prime residential mortgages [...]
