Monthly Archives: April 2012

Fixed Mortgage Rates Hold Near Record Lows

Fixed Mortgage Rates Hold Near Record Lows MCLEAN, Va., April 26, 2012 /PRNewswire/– Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates down slightly and hovering just above their … Continue reading

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Low-ball offers decline in some housing markets

Low-ball offers decline in some housing markets By Kenneth R. Harney April 22, 2012 WASHINGTON — Realty agents say low-ball offers on homes for sale, typically those that are 25% or more below list price, are disappearing in high-demand markets.

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Fixed Mortgage Rates Edge Higher

Fixed Mortgage Rates Edge Slightly Higher MCLEAN, Va., April 19, 2012 /PRNewswire/– Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates holding relatively stable this week amid signs that … Continue reading

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So Cal Sales Up – Median Price Almost Back to Year-Ago Level

Southland Home Sales Up; Median Price Almost Back to Year-Ago Level April 17, 2012 La Jolla, CA—Southern California home sales shot up last month from February amid the usual surge in late-winter shopping, but the gain over a year earlier … Continue reading

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Qualifying for a Mortgage has gotten tougher

Qualifying for a mortgage has gotten much tougher, analysis shows By Kenneth R. Harney April 15, 2012 WASHINGTON — How do you stack up as a potential mortgage candidate in this year’s increasingly tough underwriting environment? Do you have the … Continue reading

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Foreclosure filings hit lowest level in 4 years

Foreclosure filings hit lowest level in more than four years By Alejandro Lazo April 11, 2012, 9:05 p.m. Foreclosure activity in the first quarter in the U.S. fell to its lowest level in more than four years despite predictions that … Continue reading

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Santa Barbara Real Estate – March 2012

Santa Barbara Real Estate through the end of March ‘12 for Montecito, Hope Ranch, Santa Barbara, Goleta, Carpinteria and Summerland 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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April Beach Sales – Santa Barbara

APRIL  2012 The following is a list of “beach” properties either privately or publicly for sale by various agents.

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Bank of America streamlining short-sale procedures

Bank of America streamlining short-sale procedures BY INMAN NEWS, TUESDAY, APRIL 10, 2012. Bank of America says it’s making changes to its short-sale procedures that will shorten decision times on short sale offers to 20 days, down from 45 days … Continue reading

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Rentals outshine purchases, foreclosures dampen values

Rentals Continue to Outshine Purchase Market, Home Values Still Plagued By Foreclosures By Stan Humphries April 9, 2012 The February Real Estate Market Reports show that national home values decreased 0.5% to $145,400 from January to February. On an annual … Continue reading

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