ARCHIVED BLOG POSTS
2013
News that the federal government has decided to forego an extension of long-term benefits for the unemployed prompted the California Employment Development Department (EDD) to fire off a warning notice to impacted workers. The news affects housing mildly since many of these workers also carry mor...
12/30/2013
Zillow expects conditions next year to be a bit friendlier to homebuyers—but that doesn’t mean we’ll necessarily see more owner-occupied housing, experts at the real estate marketplace say. Looking at ongoing trends, Zillow made four major predictions about the course of housing over 2014. First...
12/30/2013
Editor’s Note: This is the second of a two-part look at 2014 by Rick Sharga. Read the first part here. For those of you looking for cautionary notes going into 2014, I offer two items: jobs and loans. Despite recent gains, which some of us believe are more of a mirage than an oasis, the economy ...
12/30/2013
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Beware of Foreclosure Rescue Scams! Real Help is Free! Foreclosure rescue and mortgage modification scams are a growing problem that could cost you thousands of dollars – or even your home. Scammers make promises that they can't keep, such as guaranteeing to "save" your home or lower your mortgag...
12/27/2013
What: The National Association of REALTORS®, “The Voice for Real Estate,” is America’s largest trade association, representing 1 million members, including NAR’s institutes, societies and councils, involved in all aspects of the residential and commercial real estate industries. Who: Our membersh...
12/27/2013
Many economists and market observers have suggested the market is poised for continued growth as the recovery enters its third year, and there are positive elements in play that provide some reasons for optimism. Recent loan vintages continue to perform at levels better than historical norms—the...
12/27/2013
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The transfer of mortgage servicing rights from one servicer to another is not something to be taken lightly. After all, regulators in 2013 started warning servicers about the risk of losing key documents or sloppily transferring mortgage servicing rights from one party to the next. The Consumer F...
12/27/2013
Tim Garton Vallejo ---- Housing foreclosure authorities LoanSafe.org andYouWalkAway.com have created a new website to help people re-enter the housing market after having been through a previous foreclosure. The website is calledAfterForeclosure.com and helps those most a...
12/26/2013
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According to Lawrence Yun, chief economist for theNational Association of Realtors (NAR), there were a few surprises in the housing market this year. Price appreciation was more accelerated than anticipated, and cash purchases continued to make up an uncharacteristically large portion of sales. ...
12/24/2013
Based on early estimates of home values, properties nationwide are expected to gain almost $1.9 trillion in cumulative value in 2013, according to Zillow. By the end of the year, analysts for the real estate marketplace predict home values will be a cumulative $25.7 trillion, up 7.9 percent from...
12/23/2013
Rainmaker
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TIM GARTON
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