11/23/2009 12:20:00 PM
Forecast for the Week:11/23/2009
It may be a shortened work week due to the Thanksgiving holiday, but there will still be plenty of action in store. Both Monday's Existing Home Sales Report and Wednesday's New Home Sales Report will give us a read on the housing market. With many ...
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11/23/2009 12:13:00 PM
Last week in Review:11/23/09
The media's recent analysis of the economy has run the gamut of late, some optimism, some pessimism...but also some confusion as they attempt to decipher recent economic reports, particularly relating to the job market. Let's look at a few of the recent ...
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11/22/2009 7:39:00 PM
Part III:Lender Interview:Dean Wong from First Cap. Mortgage
The following is Part III of an ongoing series of interviews with my Preferred Lender:Dean Wong. His contact info follows the Interview. Thomas Ray :Dean, how are you these days? Dean Wong :Thomas, I am great! Hopefully we can help clear up some questions ...
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11/22/2009 1:16:00 PM
Element Auction:How it will work..IMPORTANT INFO
Please contact me to have representation at the Auction!! Cell/Txt.:310-420-1149-Thomas Ray,M.S.,Realtor *Search the MLS like an AGENT on my Site: www.LAexclusiveProperty.com My Blog: www.RealEstateBlogLA.com How it Works:: How to Buy at the Element Auction ...
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11/22/2009 12:10:00 PM
UPDATE::Element Lofts Marina del Rey,CA AUCTION UPDATE..must use BoA lender!!
Element Lofts in Marina del Rey,CA are going to Auction in December..please see my post on this on my blog: www.RealEstateBlogLA.com * IMPORTANT UPDATE ::If you plan to bid, you must be PRE-APPROVED by BANK OF AMERICA . This is part of the settlement judgement. ...
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11/18/2009 7:49:00 PM
Fed Scaling Back Bond Buys..this affects Interest Rates!
Last week (11/13) the Federal Reserve stepped in with more buying of Mortgage Backed Securities (MBS), helping Bond prices recover from news of a weak Treasury Auction. Overall, home loan rates bounced around last week and ended the week very slightly improved. ...
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11/13/2009 8:49:00 PM
Rates Will Inch Up in 6 months...Watch!
The latest monthly outlook suggests no change in short rates for the next six months and only a slight increase in yield for the benchmark 10-year Treasury rate. For the time being the risks remain on the upside, however, for long rates as volatility around ...
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11/11/2009 12:36:00 PM
Element Lofts (Marina del Rey) at Auction..Finally
ELEMENT LOFTS ON AUCTION This court-ordered auction offers you a phenomenal opportunity to purchase a new beach-close home for as low as $295K. Please contact me, Thomas Ray, if you are interested in the Auction. I will need to Register you at the Element ...
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11/9/2009 9:44:00 PM
How the Homebuyer Tax Credit would work
· Tax credit: Ten percent of the purchase price of a primary residence, up to a maximum of $8,000 for first-time homebuyers and $6,500 for repeat buyers who purchase between December 1, 2009 and May 1, 2010 . First-time homebuyers are defined as people ...
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11/9/2009 11:17:00 AM
Tax Credit for Current Homeowners:NEW OPTION!!
The tax credit program now gives those who already own a residence some additional reasons to move to a new home. This incentive comes in the form of a tax credit of up to $6,500 for qualified purchasers who have owned and occupied a primary residence for ...
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