Month: May 2011

Multifamily Permits Surge

From sddt.com: Through four months of 2011, developers have placed a bet that there’s demand for new housing in a market dominated by severely discounted distressed properties. While foreclosures and short sales continue to depress the housing market, builders have...

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One Month To Go

The word is on the street - Bank of America will stop taking loan applications for the super-conforming loans (max $697,500 in SD) on July 1, 2011, in order to comply with Fannie/Freddie's  October 1st deadline. Their website today is quoting 5.0% with one point for...

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