Author Archives: Gary Goldberg

Second Consecutive Week Of Record-Low Fixed Mortgage Rates MCLEAN, Va., May 10, 2012 /PRNewswire/ – Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates hitting new all-time record lows … Continue reading →

SANTA BARBARA BEACH SALES

  U.S. homeownership rate at 15-year low By Tiffany Hsu and Alejandro Lazo, Los Angeles Times May 1, 2012 The 65.4% homeownership rate in the first quarter is down from 66.4% a year earlier, according to the Census Bureau. But … Continue reading →

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 →

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.

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 →

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 →

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 →

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 →

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 →