Jose Cordova's (josecordova) Blog

Real Estate Broker/Owner - CASA REAL PROPERTY
This kind of stories has been seen across America during the last year or so. It also hits home because this common predatory lending practices has also happened in our own back yard. We see homes along our own neighborhood street boarded up in an attempt to place them back on the market to avoid...
Why can't we just simply forced banks to go retroactive on all balloon/adjustable loans for the last 3 years and fix the rates at their starting interest? This will not fix the problem 100% however, the fact that rates have been going up on all of these type of loans, and with it the monthly paym...
The month of April is not just "Open House" month at Century21 Casa Real Latino, it is also the month we celebrate Fair Housing. For the last forty years, the National Association of Realtors (NAR) has been celebrating April as fair housing month. Fair Housing month was initiated by then-presiden...
From the day we are born, most of the inhabitants of planet Earth have been conditioned by negativity:  "Don't do this," "Don't touch that," "Don talk to strangers," etc.  We are quick to listen to negativism rather than being receptive to positive information. The media has filled the airways wi...
After reading the papers and hearing the news, you probably wonder if property foreclosures are finally reaching an end. The truth is they're not:  foreclosure numbers went up last month. Homeowners are surrendering their properties to the banks, often without a fight.  A "Deed in Lieu of Foreclo...
By MARTIN CRUTSINGER, AP Economics Writer Mon Mar 24, 12:37 PM ET WASHINGTON - After falling for six straight months, sales of existing homes posted an unexpected increase in February which may have reflected more aggressive price cutting by sellers in some parts of the country, a real estate tra...
Some try to move faster online, others just cut as industry nears an abyss   By Russ Britt, MarketWatchLast update: 10:45 a.m. EDT March 17, 2008 LOS ANGELES (MarketWatch) -- The digital wave washing over newspapers has turned into a tsunami in the past several weeks, as hundreds of newsroom layo...
Home prices are dropping, but should first-time buyers jump in?  By Amy Hoak, MarketWatchLast update: 2:01 p.m. EDT March 9, 2008 CHICAGO (MarketWatch) -- Everyone likes a bargain. So it's no surprise that as home prices fall in many markets, those who have been priced out of owning a home are be...
As we embark upon the New Year, I feel that it is appropriate for me to communicate a few fundamental observations and recommendations to my Real Estate Colleagues. The past 12 months have offered a full complement of challenges for our industry. Slowing home sales, increased inventories, the sub...

Jose R. Cordova

Broker - Owner
local_phone(973) 684-5732
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