Tag Archives: Interest Rate

Higher home prices lower California housing affordability, CAR reports

LOS ANGELES, CA – May 13, 2013 – (RealEstateRama) — Higher home prices put a dent in California’s housing affordability during the first quarter of 2013, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported. The percentage of home buyers who could … Continue reading

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REAL ESTATE: Prices up, affordability down – Press

Posted on | November 12, 2012 | Comments Rising home prices offset lower interest rates, reducing housing affordability in California during the third quarter of 2012, a new report by California Association of Realtors says. The Housing Affordability Index report, … Continue reading

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Real Estate Column: Questions about foreclosure?

Is your house underwater? Are you in pre-foreclosure? Do you have a NOD or notice of default filed? Is the notice that came form the bank an actual notice of default or just a warning? These are some of the … Continue reading

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Before You Refinance, Modify Your Loan … If You Can

A colleague who was looking to refinance his mortgage to today’s record low interest rates, just told me that he opted instead for a “modification.” No, he’s not behind on his monthly payments, nor even struggling to make them. He … Continue reading

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REAL ESTATE: Fewer loan mods granted – Press

Even as experts brace for a surge in foreclosures this year, the portion of borrowers eligible for modification of their mortgages to help them keep their homes is shrinking, according to the federal agency that regulates national banks. Most applicants … Continue reading

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Real estate companies sue Salt Lake developer over allegedly missing $2 million

SALT LAKE CITY — Two land development companies have filed a lawsuit against Utah developer and former Utah Transit Authority board member Terry Diehl alleging he took nearly $2 million and put it in a California retirement fund. South Mountain … Continue reading

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How to lower your closing costs

How to lower your closing costs Yesterday, we wrote about how San Francisco has the 4th highest closing costs in the nation. That is just the icing on the cake that adds to the already high prices we pay for … Continue reading

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