Monthly Archives: April 2011

From The Wall Street Journal – Catey Hill: Saddled with vacant units , retirement communities across the country are trying to lure new buyers by any means necessary – from adding cushy amenities and special move-in deals to lowering prices … Continue reading →

From Inman News – Matt Carter: The National Association of Realtors next month will consider revising rules governing multiple listing services in order to explicitly permit brokers or agents to display Internet Data Exchange (IDX) listings on social networking sites … Continue reading →

From Los Angeles Times – Associated Press: Americans earned and spent more in March, but much of the extra money went toward more expensive gasoline. Personal incomes rose 0.5 percent last month and consumer spending increased 0.6 percent, the Commerce … Continue reading →

From Bloomberg – Kathleen M. Howley: The U.S. home-vacancy rate, a measure of the share of properties empty and for sale, fell to 2.6 percent in the first quarter as foreclosures slowed amid a lender backlog in processing paperwork. The … Continue reading →

From Los Angeles Times – Alejandro Lazo: A proposed law facing a key vote in Sacramento on Wednesday would require lenders in California to make a decision on mortgage modifications for delinquent homeowners before beginning the repossession process, in effect … Continue reading →

From Los Angeles Times – Associated Press: Americans’ concerns about jobs and inflation eased somewhat in April, pushing the consumer confidence index higher. The increase comes after an unexpected drop in March. But the measure had risen for five consecutive … Continue reading →

From CNNMoney.com – Les Christie: Home prices in February sank 3.3% to just above the post-crisis lows reached in April 2009. It was the seventh straight month of declines. Home values are down 32% from their peak set in May … Continue reading →

From SIGN ON SAN DIEGO – Lily Leung: Average mortgage rates fell this week after four straight weeks of increases, according to Freddie Mac‘s weekly survey. The 30-year fixed is 4.8 percent, down from 4.91 percent last week. It was … Continue reading →

From the San Francisco Chronicle – David R. Baker: A study to be released today by Lawrence Berkeley National Laboratory found that solar boosts the resale value of homes, both new and old. The researchers analyzed the sales of about … Continue reading →

From 24-7 Press Release:  MISSION VIEJO, CA, April 21, 2011 /24-7PressRelease/ — Why every homeowner, who’s experiencing a hardship, needs a REST Report? To begin with, the NPV (Net Present Value) test, that homeowners are required to pass in order … Continue reading →