RECENT BLOG POSTS
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Some things have happened this past week (and in weeks previous) that I believe is signaling the Light at the End of the Tunnel. 1.) B of A's move to buyout Countrywide. Some feel they may be throwing good money after bad, but I don't think so. I think they see an opportunity to grab huge ma...
01/17/2008
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Forgiven Mortgage Debt Relief"When your home is losing value and your family is under financial stress, the last thing you need is to be hit with higher taxes. So I'm working with members of both parties to pass a bill that will protect homeowners from having to pay taxes on cancelled mortgage de...
01/17/2008
Check out the full article in Inman News.... ANOTHER WAVE OF MORTGAGE WRITE-DOWNS COMING THIS WEEK Monday, January 14, 2008Inman NewsMortgage loan fundings will fall 16 percent in 2008, dropping below the $2 trillion mark for the first time since 2000, according to the latest forecast by the Mort...
01/14/2008
Ok, get this! I have a fixer - yes a fixer needing minimum $100,000 in work priced for $599,000 in a market where at its BEST this house could sell for MAYBE $750,000! I get a buyer who wants to pay $550,000 and because I am representing both parties I have agreed to reduce my commission by 2% ...
01/14/2008
There is a buzz in the coffee room again as more and more buyers are being chauffeured around Orange County in search for their home. This is cyclically the time that the real estate market ramps up as buyers start entering the market. By the end of January, demand will be significantly higher ...
01/14/2008
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Fannie Mae just released this month, December 2007. This new guideline will take affect January 15th 2008. This will be a standard, across the board requirement / reduction when using any Fannie Mae loan product. The new change that is taking place states that if a property is located in a "Decli...
12/13/2007
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Don't miss the article in MSN.com - go to http://www.msnbc.msn.com/id/22116043/AGREEMENT WITH INDUSTRY FREEZES RATES ON CERTAIN SUB-PRIMES!
12/05/2007
Important Facts That Will Affect Real Estate Pricing Over The Next 20+ YearsBy Clifford A. HockleyEach year, our population continues to grow and with that growth comes many changes to the average American household. Find out how changes in our population will affect real estate in different area...
12/04/2007
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The Holiday Market is here! It's a Great Time to Buy! The HOLIDAY MARKET is cyclically the slowest time of the year... but, not this year!! ALREADY we have experienced the slowest demand of the year due to the financial market crunch of September and October. November is already showing signs o...
12/04/2007