NEW YORK (CNNMoney) — Mortgage rates sunk to record lows again this week.
The average rate on the 30-year fixed mortgage fell to 3.94%, matching the all-time low hit in early October, according to Freddie Mac’s weekly mortgage rate survey. Meanwhile, 15-year fixed-rate loans hit a new record low of 3.21%, surpassing the record set on October 6.
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Underground Homes, Seriously What’s Up With That?
California based Vivos, built an underground shelter featured in this post. Is this a trend for the future? What do you think?
Underground Homes, Seriously? – Realty.com Blog
Underground Homes, Seriously? Posted May 4, 2010 by Matthew Denton. You be the judge. Description. After watching 2012 on the big screen a couple of months ago, I wanted to demand my two hours back from the film’s producer. …
Publish Date: 05/04/2010 12:19
http://www.realty.com/blog/underground-homes-seriously/
Advice To Homeowners That Want To Sell In The Current Market
A common question for homeowners that want to sell is whether they should sell in a down market or wait until the market improves? This article provides some insight into this question.
Timing the Market: To Sell or Not to Sell in a Down Market
Timing the Market: To Sell or Not to Sell in a Down Market. June 7th, 2010 · No Comments. Every book I have read on trying to time the stock market says don’t. Most financial advisors recommend getting in and staying in with the proper …
Publish Date: 06/07/2010 6:56
http://www.shawnburyska.com/real-estate-blog/2010-06-07/timing-the-market-to-sell-or-not-to-sell-in-a-down-market-2/
New Player Enters Race For Los Angeles To Las Vegas High Speed Train Route
A new player entered the fray to provide high speed rail service between Las Vegas and Southern California. This post provides the details.
Pedestrian View Of Los Angeles: Another train enters fray for L.A. …
Another train enters fray for L.A. to LV route. Developer wants federal money to conduct study. By Richard N. Velotta (contact). Sunday, June 6, 2010 | 2 a.m.. There’s a new player in the Great Race to provide rail service between Las …
Publish Date: 06/07/2010 7:22
http://pedestrianviewofla.blogspot.com/2010/06/another-train-enters-fray-for-la-to-lv.html
Pending Home Sales Surge!
Pending home sales have gone up for three consecutive months. This reflects the broad impact of the home buyer tax credit and the affordability of houses, according to the NATIONAL ASSOCIATION OF REALTORS®.
Due to the sizable number of home buyers who responded to tax credit incentives, but may not be able close on their home purchase by the settlement deadline of June 30, NAR has asked Congress to provide flexibility on the deadline for closing.
Los Angeles Real Estate Update: Surge in Pending Home Sales Continues
Surge in Pending Home Sales Continues. Pending home sales have risen for three consecutive months, reflecting the broad impact of the home buyer tax credit and favorable housing affordability conditions, according to the NATIONAL …
Publish Date: 06/03/2010 15:56
http://larealestateupdate.blogspot.com/2010/06/surge-in-pending-home-sales-continues.html
Find The Bargain Of A Lifetime In Today’s Foreclosure Crisis
If you want to save money on your home purchase in the Palmdale/Lancaster area, it’s a good idea to keep an eye on the local foreclosure activity. Property values have dropped significantly over the past few years and appear to have leveled out. Compared to 2006-2007 prices, most properties are an absolute bargain. This article helps put in perspective the foreclosure opportunities that exist.
You Can Find The Bargain Of A Lifetime In Today's Foreclosure …
You don’t have to be a genius to see that foreclosures often represent some of the best deals in real estate. The banking business is all about making loans to property owners and collecting mortgage payments, not owning property.
Publish Date: 06/02/2010 9:15
http://blog.webmagazinetoday.com/you-can-find-the-bargain-of-a-lifetime-in-todays-foreclosure-crisis
Did The Home Buyer Tax Credit Do The Job?
The last round of the home-buyer tax credit may have had a bigger impact than analysts had previously anticipated. In this article, Thomas Lawler, an independent housing economist in Leesburg, Va, indicates that the latest home-buyer tax credit, and its expiration, may have goosed sales just as much as last year’s tax credit. Mr. Lawler noted that new home sales may have done better during this spring’s rush to beat the expiration of a tax credit. Demir Gjokaj, a senior homebuilding analyst at Majestic Research, says that there were signs of a last-minute surge in existing home listings as the tax credit expiry neared.
If the tax credit worked in changing buyer psychology, it may have also had the same effect on potential sellers. Time will tell. Hopefully, the home buyer tax credit helped in turning things around.
The Home-Buyer Tax Credit May Have Actually Worked – Developments …
Did the last round of the home-buyer tax credit have a bigger impact than analysts had previously anticipated?
Publish Date: 05/27/2010 10:19
http://blogs.wsj.com/developments/2010/05/27/the-home-buyer-tax-credit-may-have-actually-worked/