Jumbo rates in the 4-5% range still look attractive to me - from cnbc.com: The deadline for ending temporarily higher loan limits at Fannie Mae, Freddie Mac and the FHA is October 1st, but they are effectively ended now. A Wells Fargo spokesman confirms, "August 15th...
Year: 2011
FBI on Mortgage Fraud
From sddt.com: There is one part of the real estate market that is booming: mortgage fraud. A new report issued this week from the Federal Bureau of Investigation finds the annual loss from devious activities in the mortgage market totals between $4 billion and $6...
Buying A House Sight Unseen
In the comments of the last post, we were discussing the thought of making an offer on a house that you haven't seen. It is definitely more personal when you are looking at a primary residence - so let's start with an investment property! The intent of this video is...
Effect on Housing?
Hat tip to my father-in-law for sending this along! Whether these changes are good or bad depends in part upon how we adapt to them, but, ready or not, here they come! 1. The Post Office. Get ready to imagine a world...
Who’s Left?
School starts in the next week of two, and the holidays aren't too far off. How are sellers going to play their hand over the next few months? There are 181 houses for sale between $1.3 million and $1.7 million in North San Diego County's Coastal region, and 198 have...
Trophy Properties
What's a trophy property? A property with several unique or special characteristics, including location, view, the home's condition, and/or the size, shape, and usability of the lot. The price matters too, but you'll know when you're in a trophy property when you...
In Foreclosure Over $1
doublebubbleinfo.com
There were over 75 people who attended the open house this weekend. If you missed the video tour of the Whaley property, you can click here:
M.I.D. On Chopping Block?
An excerpt from the latimes.com - hat tip to profhoff: If you take mortgage interest tax deductions, the next 100 days could have significant financial implications for you because of Congress' new federal debt ceiling plan. Although the compromise legislation itself...
More RE Porn
Hat tip to SM for sending this along - another Aussie real estate advertisement: