Miscellaneous Category
10.7 MILLION BORROWERS STUCK WITH NEGATIVE EQUITY
November 26th, 2009
By Jane Lee
According to CNN news last Tuesday, November 17, 2009, 1 out of 4 homeowner is stuck with homes that are worth less than the mortgages they owe.
In a sign that more foreclosures could be on the horizon, 23% of people with mortgages owe more than their home is worth, according to a report released Tuesday.
Almost [...]
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Shasta County Real Estate Update
November 23rd, 2009
SHASTA MLS REAL ESTATE UPDATE
Available residential listings: 1,402 (down from 1,413 last week and 1,422 two weeks ago)
Homes in escrow: 465Â (up from 450 last week and down from 467 two weeks ago)
Homes closed escrow so far in November: 100
Homes closed escrow in October: 188
Homes closed escrow in September: 213
Homes closed escrow in August: [...]
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Shasta County Real Estate Update
November 18th, 2009
SHASTA MLS REAL ESTATE UPDATE
Available residential listings: 1,413 (down from 1,422 last week and 1,426 two weeks ago)
Homes in escrow: 450Â (down from 467 last week and from 491 two weeks ago)
Homes closed escrow so far in November: 74
Homes closed escrow in October: 188
Homes closed escrow in September: 213
Homes closed escrow in August: 174
Homes closed [...]
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Home Buyer Tax Credit Extended and Expanded
November 12th, 2009
By Lauri Gibson
First time home buyers and now ‘move up buyers’ have until April 1, 2010 to purchase a house and take advantage of the IRS tax credit.
Have you been wondering where all the  government stimulus money is going? Well since President Obama signed the bill extending the first time home buyers’ tax credit and expanding it to include move [...]
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Good News for People Who Like Numbers
November 11th, 2009
Pending home sales rose again, marking eight consecutive monthly gains – the longest streak since measurement began in 2001. The Pending Home Sales Index, a forward-looking indicator based on contracts signed in September, rose 6.1 percent to 110.1 from a reading of 103.8 in August, and is 21.2 percent higher than September 2008 when it stood at 90.9. The gain from a year ago is the largest annual increase on record, and the index is at the highest level since December 2006 when it was 112.8.
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GMAC No More-Rebranded ‘Real Living’
November 11th, 2009
By Brad Garbutt
The GMAC brand is no more as Brookfield, the parent company of GMAC Real Estate, re-branded the entire franchise to Real Living. Real Living, according to a corporate profile summary, “emerged in 2002 as the largest, independently- owned company in the Midwest and the seventh largest real estate brokerage”. The Ohio-based brokerage established themselves as [...]
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Seller Tips for Maximizing Profits in a Down Market
November 10th, 2009
By Lauri Gibson
Top 12Â improvements to do before you sell your home.
If you are getting ready to sell your house in the current downward housing market there are some inexpensive ways to maximize your profits. Staging and de-cluttering top the list according to HomeGain.com. Here’s the list according to a survey of Realtors nation wide by Home Sale [...]
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Shasta County Real Estate Update
November 9th, 2009
SHASTA MLS REAL ESTATE UPDATE
Available residential listings: 1,422 (from 1,426 last week and 1,427 two weeks ago)
Homes in escrow: 467 (down from 491 last week and from 515 two weeks ago)
Homes closed escrow so far in November: 26
Homes closed escrow  in October: 188
Homes closed escrow in September: 213
Homes closed escrow in August: 174
Homes closed escrow in July: [...]
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