Monthly Archives: February 2012

Throwing cash at the housing market will make it worse

Throwing cash at the housing market will make it worse February 28, 2012 FORTUNE – In today’s troubled housing market, it’s all about the Benjamins.   Home prices are at a 9-year low, and it should come as no surprise. … Continue reading

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30 Year Fixed-Rate Mtg Up

Average 30-Year Fixed-Rate Mortgage Up From All-Time Record Low MCLEAN, Va., Feb. 23, 2012 /PRNewswire/ Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates moving off their at- or-near record … Continue reading

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Southern California home sales flat

  Southern California home sales flat in January as prices fall By Alejandro Lazo February 15, 2012 Home sales in the Southland were mostly flat in January as prices fell. The number of newly built and previously owned homes sold … Continue reading

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Hidden costs of buying a foreclosed home

  Builders highlight often-hidden costs of buying a foreclosed home By Kenneth R. Harney February 19, 2012 Builders say the costs of their houses are built into the price, but fixing up a foreclosure can cost thousands of dollars extra. … Continue reading

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Santa Barbara Sales Stats

As of Friday, February 7, 2012 8:48:05 AM From 1/1/2012 to 1/31/2012 Santa Barbara, CA Provided by Gary Woods

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Santa Barbara & surrounding communities

Santa Barbara Real Estate through the end of January ‘12 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and Summerland Summary by Gary Woods This is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hope Ranch, … Continue reading

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Average 30-Year Fixed-Rate Mortgage Record Low

Average 30-Year Fixed-Rate Mortgage Holds at All-Time Record Low MCLEAN, Va., Feb. 9, 2012 /PRNewswire/ Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing most average mortgage rates inching higher on January’s positive … Continue reading

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Metro Areas – Home Sales Improving

Fourth Quarter Metro Area Home Prices Boost Affordability, Sales Improving Washington, DC, February 09, 2012 Housing affordability conditions improved in most metropolitan areas from softer existing-home prices and record-low mortgage interest rates in the fourth quarter, with rising sales and … Continue reading

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Mortgage Rates Ease – New Record Lows

  Average Mortgage Rates Ease Setting New Record Lows MCLEAN, Va., Feb. 2, 2012 /PRNewswire/ — Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average mortgage rates dropping to new all-time record … Continue reading

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How to Value Investment Property

How to Value Investment Property January 30, 2012 by Marco Santarelli Identifying your property’s value is crucial.  As a real estate investor, you need to be aware of the three ways to determine the value of your real estate investments … Continue reading

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