Monthly Archives: October 2012

The Mortgage Interest Deduction Limit Proposals

  A look at proposals to limit the mortgage interest deduction By Kenneth R. Harney October 28, 2012 WASHINGTON — Limiting the homeowner mortgage interest deduction came up in two of the presidential debates, but specifics about who would be … Continue reading

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Mortgage Rates Relatively Unchanged

Mortgage Rates Relatively Unchanged MCLEAN, Va., Oct. 25, 2012 /PRNewswire/ — Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates moving slightly higher while continuing to remain near their all-time … Continue reading

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Mortgage Rates Near Record Lows

Mortgage Rates Near Record Lows As Home Construction Builds Up Steam MCLEAN, Va., Oct. 18, 2012 /PRNewswire/ — Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates edging slightly lower … Continue reading

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September Existing Home Sales Down

September Existing-Home Sales Down but Prices Continue to Improve WASHINGTON (October 19, 2012) – September existing-home sales declined modestly, but inventory continued to tighten and the national median home price recorded its seventh back-to-back monthly increase from a year earlier, … Continue reading

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Beach Sales – Santa Barbara and surrounding areas

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

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California September Homes Sales

California September Home Sales OCTOBER 15, 2012. An estimated 34,453 new and resale houses and condos sold statewide last month, down 16.5 percent from 41,280 in August, and down 2.7 percent from 35,404 sales in September 2011, according to San … Continue reading

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Lenders Granting More Second Mortgages

Lenders granting more second mortgages as home values rise By Kenneth R. Harney October 14, 2012 WASHINGTON ― If you have a pressing need to raise some cash, here’s some good news: Rising home values are encouraging lenders to revive … Continue reading

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Number of California Low-Priced Homes Down 40%

By Alejandro Lazo, Los Angeles Times October 12, 2012, 5:05 a.m. Competition for lower-priced homes in California is so hot that the number of cheaper homes available for sale has sunk more than 40% in the last year, pushing out … Continue reading

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Tighter Inventory Across U.S.

Tighter Inventory in Many Markets Across the U.S. October 11, 2012. Recently there has been plenty of buzz about the noticeable drop in homes for sale. The reduced number of properties available subjects home buyers to bidding wars and headaches … Continue reading

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Tight Inventories May Curb 2013 California Home Sales

Tight inventories and lending may curb 2013 California home sales CAR: Housing wildcards include underwater homeowners, ‘fiscal cliff’ BY ANDREA V. BRAMBILA, MONDAY, OCTOBER 8, 2012. California home sales and prices will likely rise this year and in 2013, though … Continue reading

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