Monthly Archives: April 2013

L A Times: Freddie Mac: 30-year mortgage rate falls from 3.57% to 3.54%

Posted on April 5, 2013 by David Mayes

From The Los Angeles Times – E. Scott Reckard: Mortgage rates dropped slightly during the first half of this week in reaction to news of slower growth in the economy, with lenders offering the 30-year fixed-rate loan at an average 3.54%, … Continue reading →

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CNN Money:The home bidding wars are back!

Posted on April 5, 2013 by David Mayes

From CNN Money: The competition has been most intense in California, where 9 out of 10 homes sold in San Francisco, Sacramento and cities in Southern California drew competing bids during the month. And at least two-third of listings in … Continue reading →

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S F Chronicle: In hot market, bid first, see house later

Posted on April 5, 2013 by David Mayes

From the San Francisco Chronicle – Carolyn Said: As soon as it hit the market, the four-bedroom Sea Cliff home inspired a bidding war, with the top two prospective buyers both offering well above the multimillion-dollar listing price, in cash. Click here … Continue reading →

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