by Phyllis Rockower | Jul 17, 2014 | Uncategorized
Bad news for buyers who’ve had a short sale within the last 4 years (and who now have a 20% down payment); they now will be forced to fund their loan with an FHA loan! Today Fannie Mae has announced that on August 16, 2014, they will be changing the waiting period...
by Phyllis Rockower | Jul 17, 2014 | Uncategorized
“Nationwide foreclosure activity in June reached an important milestone, dropping to levels not seen since before the housing price bubble burst in August 2006,” said Daren Blomquist, vice president at...
by Phyllis Rockower | Jul 14, 2014 | Uncategorized
Change in rental population. Along with growth, there has been a shift in the renter population. The usual groups, young adults, low-income households, and singles have been joined by high-income earners, families with children, and older persons. While those under...
by Phyllis Rockower | Jul 11, 2014 | Uncategorized
Growth in the Riverside/San Bernardino/Ontario economy will be the highest in California, for an average of 4.2% through 2020. That is supposed to beat other fast-growing metros, including the Phoenix and...
by Phyllis Rockower | Jul 10, 2014 | Uncategorized
The number of Single family houses being built is way down. This is a quote from an article BY: JANN SWANSON “Despite a strong growth in residential construction in 2013 it was the sixth consecutive year that constructions starts fell short of one million, finishing...
