If you have been thinking about buying your first home, or making a move from your existing home, the time has never been better! Already, the combination of historic low interest rates and affordable homes are enough to make home buying a good financial decision. With the government just recently extending and enhancing the homebuyer [...]

For those of you that thought you had missed your opportunity here is your second chance! and this go around they have decided to also include a tax credit for those looking to ” buy up”!  This is extremely exciting news and I think finally we may see some rebound in our local real estate [...]

The Milken Institute came out with its annual list of cities that are best able to create jobs. The top ten were culled from a list of the nation’s 200 largest cities. All have managed to avoid the worst of the economic meltdown driven by falling housing markets and job losses in manufacturing and global [...]

Bloomberg is reporting that condo owners of the still underconstruction Cosmopolitan Resort on the Vegas strip have sued the owner, Deutsche Bank, to get their deposit money back.
The suit illustrates the varying rules for getting down payments back even in projects with major problems. Deutsche Bank foreclosed on the $3.9 billion project. It’s offering buyers [...]

Trillions spent on propping up banks, buying mortgages, tax credits and new programs designed to lower payments and prevent foreclosures. And yet a new survey from Move Inc., the parent of Realtor.com, says Americans are growing increasingly dissatisfied with how Washington is handling the housing mess.
The October 2009 survey found that the federal government’s approval [...]

Trillions spent on propping up banks, buying mortgages, tax credits and new programs designed to lower payments and prevent foreclosures. And yet a new survey from Move Inc., the parent of Realtor.com, says Americans are growing increasingly dissatisfied with how Washington is handling the housing mess.
The October 2009 survey found that the federal government’s approval [...]

The real estate market continues to send mixed signals. Home sales are rising. They were up 11% in the third quarter from the same period last year to a 5.3 million-a-year annual pace.
The sales are coming thanks to a lot of financial incentives. Thirty year mortgage interest rates remain near record lows at 5.1%. [...]

I got a great email this morning from one of our local Redding area lenders, Kirk Scrima with Summit Funding and decided to share it with you since it has information pertaining to mortgage rates which may be useful to many readers! 
MORTGAGE MARKET OUTLOOK 11/9/09: This week brings us the release of only two relevant economic reports [...]

I got a great email this morning from one of our local Redding area lenders, Kirk Scrima with Summit Funding and decided to share it with you since it has information pertaining to mortgage rates which may be useful to many readers! 
MORTGAGE MARKET OUTLOOK 11/9/09: This week brings us the release of only two relevant economic reports [...]

According to Rismedia.com, earlier today, President Barack Obama approved the first-time homebuyer tax credit extension which will extend the tax credit until April 30, 2010.
The extension is part of a $24 billion economic stimulus bill that will extend the $8,000 tax credit for homebuyers who are purchasing their first home from the current November 30 [...]