Welcome to Chino Hills California Real Estate, Gail Griffin Sign in | Help

Browse by Tags

All Tags » Real Estate » Industry   (RSS)
Saturday, February 04, 2012 4:38 PM

Considering Default Strategy?

Talking Points As the housing market continues to struggle for stabilization, many homeowners are turning to strategic default. Almost 11 million homes are now underwater, according to Corelogic. Around 3.5 million homeowners are behind in their payments
Posted by Gail Griffin | 0 Comments
Filed under: ,
Thursday, February 02, 2012 4:41 AM

C.A.R. Sales Reports

Talking Points The CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) Pending Home Sales Index (PHSI)* fell from a revised 108.7 in November to 91.6 in December, based on signed contracts. The index was up from the revised 82.5 recorded in December
Posted by Gail Griffin | 0 Comments
Filed under: ,
Thursday, February 02, 2012 4:38 AM

Consumer group tentatively supports $25-billion mortgage deal

The Los Angeles Times The Center for Responsible Lending has called a proposed $25-billion settlement over faulty foreclosure practices between attorneys general, federal agencies, and the mortgage industry “an important step in addressing foreclosure
Posted by Gail Griffin | 0 Comments
Filed under: ,
Thursday, February 02, 2012 4:34 AM

Housing inventory ends year down 22 percent

The Wall Street Journal l There were fewer houses for sale at the end of 2011 than in any of the previous four years, a positive sign for the housing sector. Read the full story
Posted by Gail Griffin | 0 Comments
Filed under: ,
Thursday, February 02, 2012 4:27 AM

A reprieve for unemployed borrowers

The New York Times Fannie Mae and Freddie Mac recently extended their foreclosure forbearance programs to give short-term aid to unemployed homeowners, but housing counselors warn that these borrowers will need to look at longer-term solutions. Making
Posted by Gail Griffin | 0 Comments
Filed under: ,
Thursday, February 02, 2012 4:21 AM

Short Sale Soundoff: Few homeowners take advantage of incentive

A pilot program launched by Bank of America in Florida has drawn minimal interest from homeowners seeking short sales. The program pays up to $20,000 to homeowners who sell distressed properties in a short sale. However, as of late January, only 60 people
Posted by Gail Griffin | 0 Comments
Filed under: ,
Thursday, February 02, 2012 4:14 AM

President Obama details plan to help responsible homeowners

In his State of the Union address, President Obama laid out a plan to help responsible borrowers and support a housing market recovery. Key aspects of the president’s plan include: Broad-based refinancing: The president’s plan will provide
Posted by Gail Griffin | 0 Comments
Filed under: ,
Saturday, January 21, 2012 11:02 AM

Latest Real Estate Sales and Price Stats

Calif. median home price : December 2011: $285,920 (Source: C.A.R.) Calif. highest median home price by region/county December 2011: Marin: $693,880 (Source: C.A.R.) Calif. lowest median home price by region/county December 2011: Madera: $106,000 (Source:
Posted by Gail Griffin | 0 Comments
Filed under: ,
Saturday, January 21, 2012 10:53 AM

California home sales rise in December, posting 11-month sales high

California home sales rose for the third consecutive month in December, marking the highest level since January 2011, according to data from C.A.R. Sales also were up from a year ago, marking the sixth consecutive annual increase. Closed escrow sales
Posted by Gail Griffin | 0 Comments
Filed under: ,
Saturday, January 21, 2012 10:52 AM

Independent Foreclosure Review process

Homeowners who had a mortgage loan on a primary residence and who believe were financially harmed during the mortgage foreclosure process by GMAC Mortgage, HSBC Finance Corporation, SunTrust Mortgage, or EMC Mortgage in 2009 or 2010 can request an independent
Posted by Gail Griffin | 0 Comments
Filed under: ,
Saturday, January 21, 2012 10:31 AM

Calif. house price drop 7th biggest in U.S.

The Orange County Register California house prices had the seventh-biggest price drop among U.S. states in November, falling 5.9 percent from year-ago levels, according to data firm CoreLogic Read the full story
Posted by Gail Griffin | 0 Comments
Filed under: ,
Saturday, January 21, 2012 10:29 AM

Home seizures may jump 25 percent this year

The San Francisco Chronicle Banks may seize more than 1 million U.S. homes this year after legal scrutiny of their foreclosure practices slowed actions against delinquent property owners in 2011, RealtyTrac said. Read the full story
Posted by Gail Griffin | 0 Comments
Filed under: ,
Saturday, January 21, 2012 10:20 AM

Shopping for the best rates

The New York Times I nterest rates are the lowest in decades, enticing many borrowers to shop for a loan. Mortgage lenders adjust their rates based on perceptions of risk, so unless the borrower can show they’re a low-risk individual, the borrower
Posted by Gail Griffin | 0 Comments
Filed under: ,
Thursday, January 12, 2012 8:21 PM

U.S. home values flat in November

Home values in the United States were essentially unchanged in November, decreasing a marginal 0.1 percent from October, according to this month's Zillow Real Estate Market Reports. Annually, the Zillow Home Value Index fell 4.6 percent from November
Posted by Gail Griffin | 0 Comments
Filed under: ,
Thursday, January 12, 2012 8:16 PM

Turning foreclosures into rentals

CNN Money Federal officials hope to launch a pilot program in early 2012 to convert government-owned foreclosures into rental properties. Read the full story Talking Points In coming weeks, federal policy makers could roll out pilot programs to further
Posted by Gail Griffin | 0 Comments
Filed under: ,
More Posts Next page »