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Sacramento Real Estate Gal
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A blog about the Sacramento Real Estate Market, Real Estate Trivia, Market Advice, Investment Properties and Advice.
Recent Posts Tagged With 'breaking news'
Foreclosure Alternatives Program Details Announced
The California Association of Realtors has just sent out news that new details have been announced under the Foreclosure Alternatives Program. According to the CAR email, the program "requires that prior to proceeding with a foreclosure, servicers mu...
REO Buyers May Pick Title Company
If you're a homebuyer in today's market, the deeply discounted real estate is definitely there. But if you're distressed by the fact that sometimes the bank wants to call all the shots and you seem to be playing only their game, this news might comfo...
Hope for Zero Down Home Buyers
Lately I've been speaking to a few real estate buyers that have the willingnesss to buy but do not have the down payment. Today, it is impossible to buy a house without 3% down. While lenders are quick to follow this up with "it can be a gift," most ...
Historic Housing Bill Signed
The President this morning signed a historic housing bill "Housing and Economic Recovery Act of 2008." It is believed that this bill will help some 400,000 homeowners who cannot make their housing payments to be able to refinance their mortgages with...
Greenspan Calls Housing Bottom
Alan Greenspan, former head of the Federal Reserve, has predicted that housing will hit bottom at the beginning of 2009 when the market absorbs the excess inventory. He is, of course, talking about housing prices nationally.Sacramento might already h...
Federal Reserve cuts Interest Rate by 0.75%
Another rate cut came in today. The Fed cut interest rates by .75% down to 2.25% now.If you are a home buyer wondering if this will affect mortgage rates, the answer is probably yes. But maybe not in the direction you are hoping. Head on over to Dan ...
Home Buyers: 100% Financing Getting Harder
I had mentioned in early December that first time home buyers would have a harder time getting qualified for a loan and that there was still time to buy real estate with zero down before February. My clients at the time had excellent credit scores, g...
MLS Search is Live!
In the past, I've been sending you to the Elite Properties site to search for real estate in Sacramento, but now you can search for homes right here on Sacramento Real Estate Gal. Just follow this link.Bear with me while I add more links to automatic...
Rate Cut as Expected by Most
The Federal Reserve just cut another 1/2 point - federal funds rate is now down to 3.0%Read the details here....
Fed Meeting Today...
I'm curious to see what they have in store. After the last .75% rate cut, most experts expect another .50% cut today. While this rate cut may take a long time to affect mortgage rates, it is still good news for anyone with equity in their homes or fi...
Will Investors Save the Sacramento Market?
This winter has been different for sure. While last winter, the real estate market was still reeling from sellers realizing that their mortgages were too high for them to refinance and or sell and get market value to salvage their home, this winter s...
