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Archive for the ‘Thousand Oaks Real Estate’ Category

Fair enough. I have had a number of people tell me that I should not just blog about Real Estate; I should broaden the scope of my posts and give you a glimpse into the things that I find interesting and the occasional ‘Day in the life’ post.
I will start with a cool discovery I [...]

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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 [...]

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If the current economic news isn’t scary enough, two “respected” analysts have come up with Doomsday scenarios that are guaranteed to terrify you.
Here’s one from Mark Gimein, who writes for Slate.com.
Gimein argues that the subprime crisis is going to spill over into prime loans, greatly expanding both the reach and the consequences of the mortgage [...]

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The media are having a wonderful time mis-reporting housing conditions, ooing and ahhing every time Robert Shiller shouts “Fire!” in the theater. This week he predicted (again) a “30 percent decline in housing prices.” All of them, Robert? Uniformly? Average?
Do the math: if half the nation’s homes stay price-flat, the other half must fall 60 [...]

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“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 [...]

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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 [...]

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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 [...]

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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 [...]

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