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 [...]
Archive for the ‘Thousand Oaks Real Estate’ Category
So, you think you want to know more about me…..
Posted in About Richard & Kirsten Powell, Oak Park Real Estate, Random Stuff, San Fernando Valley Real Estate, Thousand Oaks Real Estate, Ventura County Real Estate, West Hills Real Estate, Westlake Village Real Estate on June 17, 2008 | No Comments »
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 »
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 [...]
Of Shiller and Slate.com
Posted in Conejo Valley News, Los Angeles County Real Estate, Oak Park Real Estate, 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 on April 28, 2008 | No Comments »
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 [...]
Are we there yet?
Posted in Conejo Valley News, Oak Park Real Estate, San Fernando Valley Real Estate, Thousand Oaks Real Estate, Ventura County Real Estate, West Hills Real Estate, Westlake Village Real Estate on April 25, 2008 | No Comments »
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 [...]
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 [...]