In Real Estate Your Approach, Your Abilitiy and Your Willigness To Do The Work of Real Estate Sales Will Be The Greatest Determining Factors For Your Success
Freddie Mac forecasts a 5% increase in 2011 home sales over 2010, according to its U.S. Economic and Housing Market Outlook for April. The report also contends that refinancing will likely account for a smaller share of loan applications later this year as wealthy borrowers decrease and mortgage rates increase. Expect to see a bit of spring in homes sales activity during the second quarter, said Frank Nothaft, VP and chief economist at McLean, Virginia-based Freddie Mac. Nothaft continued, Sales contract signings for existing homes were up in February, positioning the market for a bounce up going into the traditional home-buying season. The expected pick-up in home sales is due to recent positive employment reports, the Market Outlook reveals. Unemployment declined for the fourth str...
Housing affordability is a big part of the housing picture. When it is cheaper to rent, then people tend to rent more. When rents start to climb, it is a precursor to stronger demand for housing.The vacancy rate for U.S. apartments posted a steep decline in the first quarter and rents crept higher as the job market improves. The quarterly vacancy report showed the vacancy rate dropped to 6.2 percent in the first three months of the year, down from 6.6 percent in the fourth quarter. It was the steepest fall since the commercial real estate research firm began tracking the market in 1999. New York had the nation's lowest vacancy rate, 2.8 percent, and its highest average rental, $2,794 a month. At the opposite end of the spectrum, Memphis, Tennessee had the nation's highest vacancy rat...
Share This California has expanded the pool of borrowers who could qualify for three programs aimed at helping families at risk of losing their homes, by making those who tapped their home equity or who took out loans after Jan. 1, 2009, eligible for assistance. The California Housing Finance Agency (CalHFA) is administering nearly $2 billion in federal "Hardest Hit" funds, a $4.1 billion program targeted at states with high foreclosure rates or unemployment. CalHFA is using the Hardest Hit fund to provide four "Keep Your Home California" programs. More than 2,000 homeowners are in the process of receiving help since the programs launched in February, CalHFA said in announcing expanded eligibility requirements for three of those programs. With the U.S. Treasury signing off on the chang...
Taking a closer look at the realities of all the government foreclosure prevention programs sheds light on how off the mark they have been. For the record, at the time ALL of these programs were celebrated as a possible solution to the housing crash. Sure, in hindsight its all too easy to be cynical about the Obama Administrations various programs, acts, guidelines...not to mention the literally dozens of new acronyms we have all had to learn. (HAMP, HAFA, PRA, HARP etc etc) Here are the hard facts from the NYT and Corelogic: Congress set aside $50 billion for foreclosure prevention, amid administration projections that three million to four million homeowners would benefit from modifications. So far, the Treasury Department, which oversees the program, has spent slightly more than $1 b...
Home prices have fallen below fundamental values in more than half of U.S. states, overcorrecting from bubbles in some markets and dragged down by the recession in others. According to the PMI Group monthly analysis, States where house prices are too low, although they had no bubble Indiana is a good illustration of a surprising pattern seen for areas where prices tracked incomes quite closely even during the housing bubble, but then still got hit by declining house prices as a result of the Great Recession. Other states with similar patterns include Arkansas, Kentucky, Kansas, Iowa, Mississippi, Nebraska, Ohio, Oklahoma, South Dakota, Texas, and Wyoming. It is likely that house prices in these areas will recover along with job growth, which is already happening in manufacturing and a...
And while the law of competition may be sometimes hard for the individual, it is best for the race, because it ensures the survival of the fittest in every department. Andrew Carnegie
"Most people think it takes a long time to change. It doesn't. Change is immediate! Instantaneous! It may take a long time to decide to change...but change happens in a heartbeat!" Andrew Carnegie
Daylight Savings Start on 03/13/2011 at 2:00 AM Before you go to bed tonight make sure you adjust your watch and clocks One Hour Ahead We Will Be Missing One Hour of Sleep. DO NOT FORGET GOD BLESS YOU ALL
Most people think it takes a long time to change. It doesn't. Change is immediate! Instantaneous! It may take a long time to decide to change...but change happens in a heartbeat!" Andrew Carnegie
Recent Home Value Results According To Zillow$963K - 11586 Rancho Del Valle Granada Hills, CA 91344 $588K - 12401 Littler Pl Granada Hills, CA 91344 $457K - 17100 Signature Dr Granada Hills, CA 91344 $457K - 17100 Signature Dr Granada Hills, CA 91344 $403K - 10435 Wish Ave Granada Hills, CA 91344 $369K - 10857 Blucher Ave Granada Hills, CA 91344 $369K - 11248 Balboa Blvd Granada Hills, CA 91344 $361K - 15806 Los Alimos St Granada Hills, CA 91344 $355K - 16421 Index St Granada Hills, CA 91344 $345K - 15650 Horace St San Fernando, CA 91344Granada Hills DemographicsTotal Population: 48,863 White Population: 32,238 Black Population: 1,764 Hispanic Population: 9,985 Asian Population: 7,980 Hawaiian Population: 45 Indian Population: 227 Male Population: 23,943 Female Population: 24,920 M...
"When the voice and the vision on the inside are more profound, and more clear and load than all opinions on the outside, you've begun to master your life" John Demartini
As of today 02/10/11 there are : There are 19 Bank Owned/REO homes in Granada Hills with Minimum Price of $ 284,900 with 3 Bedrooms and 2 Bath Year Built 1952 Minimum sqaure feet 1080 and Lot 6490 square feet lot. From Those 19 Homes the Average Price is $ 358,389 built 1958. Average Home Size 1701 square feet and Average lot size 9,2420 square feet. There are 39 Homes on Short Sale From Those 39: Mininum Price $244,000 with 1 day on the market, 2 Bedrooms, 1 Bath, Year Built 1949 Minumum square feet 1023 and Lot Size 5200 square feet lot. The Average Sales Price: $366,050 , Average days on the market: 73, Average number of Bedrooms: 3 Average Number of Bath: 2: Average Year Built 1958, Average Squate Feet Home: 1532 and Average Lot Size 8407. There are only 2 Townhomes on Short Sale...
Wouldn't it be great if you noticed that your version of the rules for your reality wasn't working so well, and you could excercise your freedom to choose to release some of your negative or limiting beleifs and concepts? Richard Bartlett
Are you going to accept: Fear, negativity, uncertainty, doubt, anger and regret? or will you accept: Confidence, Inspiration, Optimism and Gra titude? The dignity of CHOICE - You own it!! Alberto Pacheco