Stable home prices, low mortgage rates could gas economy

By Stephanie Armour, USA TODAY Mortgage rates are hitting another record low just as home prices are firming in more parts of the country, two trends that could help boost the economy.Potential recovery fuel: •Rates on 30-year fixed loans averaged 4.17%, down from 4.24% a week ago, Freddie Mac reported Thursday. They’ve been below 5% [...]

Filed under: Uncategorized on November 18th, 2010 | Comments Off

2011 California Housing Market Forecast

LOS ANGELES (Oct. 4) – A weaker-than-expected economic recovery will result in a projected decline in California home sales for 2010, although home sales are expected to edge up slightly in 2011, according to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)

Filed under: California Real Estate News on November 11th, 2010 | Comments Off

Appraisal fix? Not likely.

You may have missed it, but the Federal Reserve proposed far-reaching new rules last week that could affect home real estate appraisals — and millions of owners’ equity holdings —

Filed under: National Real Estate News on November 4th, 2010 | Comments Off