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sacramento real estate talk
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sacramento real estate news, trends, market statistics, local economic news and commentary
Recent Posts
Luxury Short Sale Homes Are on the Horizon!
…The Coming ARM Storm First it was the sub-prime market and now experts agree, adjustable rate mortgages combined with rising unemployment and falling property values could create another economic storm capable of ravaging the weak economic rec...
Foreclosure snapshot
- More than 1.5 million homes have been lost to foreclosure, according to the Center for Responsible Lending.- Goldman Sachs is projecting 13 million foreclosures of all types during the next five years.- One in 10 homeowners are late with mortgage p...
Bank Of America As Second Lienholder… Is $3,000.00 Enough?
There are so many home retention/foreclosure avoidance programs with acronyms now, it’s hared to keep them all strait… There’s the MHA program , the HAMP program, the HFHA program, the NPV test, the HARP program, the HAFA pro...
New Government Bounty On Short Sales Pay Default Sellers $1500.00
Government attempts to make short sales easier The Obama administration laid out final guidelines on Monday that should make it easier for some financially troubled borrowers to sell their homes. The guidelines are designed to encourage...
More than 18 percent of FHA borrowers are at least one payment behind
Did you read that? FHA foreclosures? Holy cow; that means nearly one in five FHA loans are more than 30 days behind! Most of those FHA borrowers would have bought since the mortgage crash of 2007, since FHA loans were almost extinct before t...
55% increase in commercial property tax rate on horizon?
from globest.com: SACRAMENTO-Two new potential ballot initiatives are afoot that would drastically change how commercial properties in California are assessed and how much they are taxed. One calls for a 55% increase in the current property tax rate ...


Fantastic !!!
Posted: November 17th, 2007 | More Reviews From meemOe | Report This Comment