Archive for the ‘Home Buyers’ Category
Okay, what does the Fed’s cut today mean for Mortgages?
Posted in Conejo Valley News, Home Buyers, Mortgage News, Real Estate News, Thousand Oaks Real Estate, Ventura County Real Estate on April 30, 2008 | No Comments »
US News and World Report just published this article that ties in nicely with my post from earlier today:
Faced with a weak dollar and rising inflation, the Federal Reserve seems done with its aggressive rate-cutting campaign. Here’s how this shift in monetary policy may affect mortgage rates this year:
How have fixed mortgage rates been moving [...]
Buyers, Start Your Engines!
Posted in Home Buyers, Home Sellers, Real Estate, Real Estate News, tagged Home Buyers, Home Sellers, Real Estate News on April 30, 2008 | No Comments »
I read this morning that the Mortgage Bankers Association reported that new mortgage applications fell 11.1% this week. We have seen traffic fall off a little over the same period but there are a few things that anyone who can buy a house today needs to realize:
1. Assuming we get the quarter point rate cut [...]
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 »
“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 [...]
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 [...]
Scary, scary housing market!
Posted in Conejo Valley News, Home Buyers, Home Sellers, Real Estate, Real Estate News, Real Estate Sales Data on October 20, 2007 | No Comments »
We hope that headline causes you to read further……
Headline greetings like the above from us are similar to the press having their field day in scary headlines. Foreclosures up, Amgen layoffs, sales units down, Countywide layoffs, economists doom and gloom! All are eye-catching, paper selling headlines!
The reality of the huge slow down [...]
CNN Spins hard on Real Estate (again)
Posted in Conejo Valley News, Home Buyers, Home Sellers, Real Estate News on September 11, 2007 | No Comments »
CNNMoney: Realtors: Home values take big hit
This was the headline I saw on the CNN homepage this morning. Click on the link, read the story and try to find the ‘big hit’ part.
Here’s the truth. The National Association of REALTORS just released their forecast for 2008 and they predicted a $400.00 decline in the national [...]
