By Don | January 30, 2009
Congressman John Conyers (Democrat – MI) wrote an opinion piece today in the Wall Street Journal explaining his belief that bankruptcy judges should be given the power to modify home loans to stop the foreclosure crisis. Read the rest of this article »
By Don | January 30, 2009
As part of the $800+ billion stimulus package passed by the House yesterday, the $7,500 first time home buyer credit was modified so that it is a true credit, and not more of a loan. Read the rest of this article »
By Leslie | January 30, 2009
Our January newsletter shows off the new look of our website! See how the website developed over 2008.
By Don | January 30, 2009
In a meeting for Association brokers yesterday afternoon that Don attended, it was announced that the California Association of Realtors (CAR) formally voted last week to create a new statewide MLS. Read the rest of this article »
By Leslie | January 20, 2009
Here are the pending sales for December. Pending sales are homes that have gone into escrow and are a leading indicator of market activity. Oxnard is still the sales leader with sales over 3 times the volumn of last year. The majority of those sales are distressed sales – foreclosures and short sales.
By Leslie | January 20, 2009
Here are the December sold statistics.
By Don | January 7, 2009
I was able to spend some “quality time” on the Tiger Moth over the Christmas holiday season. Work on the airplane generally comes in spurts, in increments of an hour or two – as you’ll see why. Read the rest of this article »
By Don | January 3, 2009
Or stay on the sidelines?
No doubt about it. For real estate, the skies are dark with news of high foreclosures from the sub-prime mess, sales are down, credit standards are being raised, there’s high inventory, uncertainty about the economy – you name it, it’s big news in the media today. Read the rest of this article »