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Monthly Archives: August 2011
Associated Press: More Americans at risk of foreclosure in Q2
From the Associated Press – Derek Kravitz: WASHINGTON (AP) — The number of Americans at risk of foreclosure is rising, reflecting the U.S. economy’s continued struggles. The Mortgage Bankers Association said Monday that 8.44 percent of homeowners missed at least … Continue reading
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inmanNEWS: Rentals hold key to real estate market’s future
From the inmanNEWS – Cheryl Russell: Cheryl Russell has one word for anyone who’s adrift and looking for any direction in real estate, so long as it’s up: rentals. Click here for full artcle.
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The WALL STREET JOURNAL: Forget the Market. Buy a House.
From THE WALL STREET JOURNAL – Jilian Mincer: With the Dow Jones Industrial Average down more than 400 points today, and many market experts predicting more volatility ahead, some advisers are recommending their clients put some of their cash to … Continue reading
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The Wall Street Journal: Mortgage Rates Drop
From the Wall Street Journal – Tess Stynes: Mortgage rates in the U.S. continued their decline over the past week, hitting new lows amid concerns about the economic outlook in the U.S. and fallout from Europe’s sovereign-debt problems, according to Freddie … Continue reading
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The New York Times: Exploring the 15-Year Loan
From The New York Times – Vickie Elmer: WHEN deciding to refinance a home, some people look first at the new monthly mortgage payment and the money they might save, while others focus on the interest rate. Click here for … Continue reading
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inmanNEWS: 2 California MLSs merge to become largest in nation
From the inmanNEWS – Matt Carter: Visions of a statewide multiple listing service in California are a step closer to reality today, with the California Regional Multiple Listing Service Inc. (CRMLS) announcing a merger that will double its size and … Continue reading
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Realty ONE Group: O.C. real estate myths dispelled
From Realty ONE Group – Leslie Sargent Eskilsen: Myth 1. REOs (bank owned homes) are the best deal in Orange County today. Myth 2. Don’t buy a short sale. Myth 3. I have to see some homes before I get … Continue reading
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O C REGISTER: Time to foreclose on O.C. home: 373 days
From the ORANGE COUNTY REGISTER by Marilyn Kalfus: It took just a little more than a year — an average of 373 days – for banks to foreclose on Orange County homes as of July, a report by ForeclosureRadar.com shows. That’s up 32% … Continue reading
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Associated Press: Legislature Approves Renter Smoking Ban
From Associated Press: Sacramento – Landlords will be able to ban smoking on their properties, including inside rental units, if Gov. Jerry Brown signs a bill sent to him by the state Senate. Click here for full article.
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San Francisco Chronicle: S.F. ‘green-grade’ home program may boost value
From the San Francisco Chronicle – David R. Baker: Energy-efficient homes in San Francisco may soon receive an official certification from the city, potentially boosting their resale value. Click here for full article.
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