Buying a Home; Who Do You Believe???? I'm looking at the LA Times for today, and all on one page of the Business section are the following Headlines.."October Sales Rise for New Homes.", "Interest rates drop, matching record low", "Fannie Mae to tighten mortgage lending rules" Good Grief! Is
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11/28/2009
Banks are Homeowners, Occupants are Debtowners. 1 in 7 is what this article says from Wall Street Journal..http://tinyurl.com/yfonrnb 1 in 7 homeowners are in default. At least 30 to 90 days behind in their mortgage payments. This number is astronomical! Hopefully, some of the loans will be
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11/26/2009
California Golf Courses; Feeling the Pinch. The desert is famous for it's 120 plus courses, but the reality of the new economy and housing starts and pricing is really hitting home. This article from today's LA Times is interesting.. http://tinyurl.com/ye8h3gh This is why once again, as a re
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11/22/2009
Foreclosures in the California Inland Empire; Where ARE they?? I'm out here every single day, slugging it out, trying to find homes within a certain price point, in a certain location. Buyers from out of town, are reading about all the Foreclosures in the Coachella Valley..La Quinta, Palm Deser
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11/21/2009
Mortgage Delinquincies Up for 3rd Quarter..Nevada, California, Arizona and Florida lead the way..http://tinyurl.com/ykwzdow I firmly believe that the delinquincies will lead to more foreclosures through most of 2010. I also think that in my area of California, the Coachella Valley, and in parti
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11/17/2009
La Quinta's NEW spot; The Wine Bar. I love Old Town La Quinta, but I noticed last season that there wasn't any music! What?? There is now, and I am told there will be more this season. The Wine Bar in Old Town is fabulous. It is owned and run by a very intense fella, Justin, who closed up hi
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11/16/2009
New Home Builders Receive New Tax Breaks! This article is from the New York Times, Sunday, Nov. 15. http://tinyurl.com/yf2qpof I am torn here. I WANT builders to create jobs, but I am also representing an area of the country hit hardest by the over-building that was done so recklessly. Gran
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11/15/2009
New Home Builders; Making a Comeback??? The L.A. Times yesteday had an article in their Business section, "2 home builders jumping back in". Then this morning, I read again that shares of Toll Bros., climbed 16%. Pulte Homes, KB Home, Lennar and D.R. Horton each rose at least 5.7% for four of
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11/12/2009
The Desert winter Polo Season is here! The Polo season here in the Desert officially begins with the first Tournament, The Road Runner Tournament, which will be played November 21 & 22. Indio, home of the Coachella Valley Music Festival, Phish Festival and Stagecoach Music Festival is also ho
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11/06/2009
HK Lane Real Estate co...the Fastest Growing in the Desert! We've only been in business since July 1, 2009 and already we are 71 agents strong! September saw 19 sales and October's last count was at 34 sales..this is unbelievable for a new Company. "New" of course, is relevant. Our CEO, Harve
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11/05/2009
