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RSSCategory: Housing

2/3 of all home owners have mortgages over 5%.

| September 18, 2012 | 0 Comments
2/3 of all home owners have mortgages over 5%.

LA Times reports that 2/3 of current home owners have a mortgage rate over 5%.  To review the entire article please click here. http://www.latimes.com/business/realestate/la-fi-underwater-loans-20120918,0,1406304.story  

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Single Women Twice as Likely to Buy a Home than Single Men.

| February 21, 2012 | 0 Comments
Single Women Twice as Likely to Buy a Home than Single Men.

I just read in the Wall Street Journal that single women are buying homes at twice the rate as single men.  Interesting.   The question that the article did not effectively answer was why? As a guy my first thought is flexibility.  A guy single guy is possibly not as motivated to set down roots, [...]

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Best Deal on OC Real Estate?

| January 20, 2012 | 0 Comments
Best Deal on OC Real Estate?

If you are looking for a great deal on Orange County real estate you should start with the list of HomePath renovation approved properties.  As of today there are 208 FNMA owned homes that are eligible for special financing from FNMA.  3% down, no mortgage insurance and you can borrow up to an additional $35,000 [...]

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Why Buy A House Now?

| January 10, 2012 | 0 Comments
Why Buy A House Now?

Why is now the best time to buy a home?  In a single word, affordability. Each month the National Association of Realtors publishes a chart measuring just how affordable housing is for the average family.  This chart is appropriately enough is called the Housing Affordability Index. The index is a statistical scorecard if you will.  [...]

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Report: Why renters are not becoming home buyers

| April 15, 2011 | 0 Comments
Report: Why renters are not becoming home buyers

We pulled some information from a comprehensive report published by FNMA recently.  Specifically interesting were the reasons given by current renters and why they were not pursuing home ownership. To view the report click the link below. REPORT: Why renters are not buying The report should open in a new window.  If your browser does [...]

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Do it yourself way to save thousands on your mortgage

| March 16, 2011 | 0 Comments
Do it yourself way to save thousands on your mortgage

A recent survey found that only 6% of home owners with a mortgage are taking advantage of the simplest way to shave thousands of dollars off their mortgage. What is this money saving advice promoted by nearly every financial guru from Suze Orman to Ben Bernanke?  Simple, over pay your mortgage whenever possible. If your [...]

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Buying a Short Sale Property

| February 28, 2011 | 0 Comments
Buying a Short Sale Property

  Before you get all excited over the prospect of buying that short sale house, pick up the phone and call your real estate agent. Your agent needs to research that short sale listing first. In some real estate markets, fewer than one in 10 short sales close. Just because that home is listed as [...]

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