Attention: Home Buyers! Mortgage rates have fallen again. This means that it’s easier to qualify for the loan and you can get more house for the money.
Mortgage rates sink to lowest this year | KVAL CBS 13 – News …
Mortgage rates have fallen to the lowest level of the year as investors poured money into the safe haven of US government securities.
Publish Date: 05/27/2010 15:53
http://www.kval.com/news/business/95029004.html
Here are recently published CA real estate prices for April, 2010. Notice that the High Desert, which includes areas such as Palmdale, Lancaster, and Victorville, have the lowest median home prices in California. Palmdale and Lancaster still offer some of the most affordable housing in the State!
CA Real Estate Fast Facts 5/27/2010 | Your Desert Blog
CA Real Estate Fast Facts 5/27/2010. Posted by Judy Horn. May 27. Calif. median home price: April 2010: $306230 (Source: C.A.R.) Calif. highest median home price by C.A.R. region April 2010: Santa Barbara So. …
Publish Date: 05/27/2010 1:42
http://yourdesertblog.com/?p=1364
Wow. Southern California home prices were up in April, compared to the same time frame last year. Per Alexis McGee of foreclosures.com, this year-over-year increase was the sixth in a row, following 27 months of year-over-year declines. Alexis, thanks for the uplifting news.
So. California Home Sales, Prices Rise Again
California Home Sales, Prices Rise Again. by Alexis McGee on May 26, 2010. Southern California’s median home price paid in April was $285000, the same as in March, and up 15.4 percent from $247000 for April 2009, which was the low point …
Publish Date: 05/26/2010 11:16
http://blog.foreclosures.com/so-california-home-sales-prices-rise-again/
Rosamond Blvd & United (10th St. West)
14 +/- Acres
$549,000
Corner lot fronting Rosamond Blvd. Newly built apartment buildings and commercial strip mall are a few blocks away. Near residencial development and proposed multi-unit construction across the street to the west (Note: Bulldozers and equipment inside fenced construction site). Gateway to Edwards Air Force Base. Water and Sewer in Street. Motivated Seller! Call 661-726-0696 for more info. or Email Us Here
According to the the National Association of Realtors®, “distressed homes” represented nearly 2 of every fifth home sold in January 2010.
Real estate investors around the country are taking advantage of good deals on inexpensive property. But there are risks involved. Today is a great time to buy a bank-owned home — just do your research first.
Tips when buying a bank owned home:
Buy in your neighboring area, a familiar place
Start slow and small, then increase to a bigger portfolio
Watch income — rent rolls doesn’t matter if tenants are not paying rent
Check out prospective tenant’s credit and legal history
Foreclosures may represent a significant number of 2010’s total Los Angeles County home sales and will offer interesting opportunities to first time home buyers and real estate investors.
For more info on buying a bank owned home, call (661) 726-0696 or email here.