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2012 

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On January 17, 2012, California Association of Realtors (C.A.R) reported that home sales in California increase of 3.3% to 520,420 homes sold in December 2011 from November of 2011, and 1.0% to 520,330 more units sold than December of 2010. There were 4.2 months supply of available inventory sing...
01/27/2012

9 Comments
On Friday, January 20, 2012, acting Federal Housing Administration (FHA) Commissioner Carol J. Galante announced on the lender indemnification and seller concession measures to protect and strengthen the FHA’s Mutual Mortgage Insurance Fund. For loans insured by Lender Insurance lenders, HUD may ...
01/21/2012

5 Comments
On January 9, 2012, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released the December edition Housing Scorecard indicated that the home values improved in the past year; In addition, existing home sales increased from previous month and a yea...
01/14/2012

3 Comments
On December 21, 2011 CoreLogic reported that shadow inventory in October of 2011 is still at January 2009 levels of 1.6 million units, representing a supply of 5 months, down from October 2010, when shadow inventory stood at 1.9 million units, 7-months’ supply. The 1.6 million properties currentl...
01/07/2012

12 Comments
I hope everyone had a great and successful year in 2011, and let us all welcome the New Year with open arm, peace, happiness, health, abundance of new friends, and success throughout 2012. I want to wish each and every one to my friends and all the members at Active Rain community a healthy, joyo...
01/01/2012
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