11/2/2009 11:09:00 AM
Tax Credit News...Extended?
"Don't believe the hype!" The words from Public Enemy's hit song title rang true once again last week when the Commerce Department reported the Gross Domestic Product (GDP) for the 3rd Quarter. The GDP rose by 3.5% for the first gain in a ...
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10/13/2009 7:10:00 PM
Homebuyer's Credit Extended...(maybe)
The Mortgage Bankers Association (MBA) is growing increasingly confident that Congress will continue or expand the $8,000 tax for first time home buyers that is set to expire Nov. 30. "We are pushing for expansion of the tax credit, and we are very close ...
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10/9/2009 10:02:00 PM
Rates are at Historic lows..see the graph
Please contact me (Thomas Ray:310-420-1149) to speak about what these historically low rates may mean to you. If you are waiting to buy, now may be the time. Search the MLS on my Site: www.LAexclusiveProperty.com My Blog: www.RealEstateBlogLA.com
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10/8/2009 10:10:00 PM
November 30th is the deadline for the $8K First Time Home Buyer’s credit
Based on the recent volume of calls my team has received and the large number of outstanding Pre-Approval letters floating around out there, we predict there will be a mad rush in the mortgage market beginning mid-October . It is crucial that buyers and agents ...
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10/3/2009 1:03:00 PM
Rates slightly lower
Mortgage rates started off the week slightly lower and followed the trend down all week long as stocks fell due to a mix of profit taking and worse-than-expected economic data. This data included lower-than-expected housing numbers and a weak manufacturing ...
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9/28/2009 11:31:00 AM
Financial Benefits of Home Ownership
*(Search the MLS for free on my site: http://bit.ly/EFA73 ) There are a number of personal and emotional reasons to buy a home. But there are also some strong financial reasons to make the investment . In addition to exceptional home affordability and near ...
Views: 210
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9/28/2009 11:09:00 AM
Forecast::Week of Monday 9/28/2009
There are several important economic reports in store for this week, the biggest likely being Friday's Jobs Report for September . The Jobs Report for August showed a troublesome 216,000 jobs lost for the month , with prior months revised to show an additional ...
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9/25/2009 9:14:00 PM
Interest Rate Update & Search the MLS like an Agent
Interest Rate Update: Current Trend Direction:Moving Sideways Risks Favor: Locking on the Dips Mortgage rates started off this week slightly lower , despite the fact that stocks continued their climb, spurred on by some positive economic data from retail sales ...
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9/23/2009 10:28:00 PM
LA County down 15%...Westside Sales Numbers..attached
Please look at the attachment (scroll down for the pdf) to see the Home Sales numbers for your area. All of LA County is down 15% (Home Prices/SFR) from last year. Condos are down about 10%. Free MLS Search on my Site: www.LAexclusiveProperty.com Thanks! Tom ...
Views: 159
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9/21/2009 11:55:00 AM
Forecast for the Week 09/21/2009
This week is chock full of economic news for the market to digest. First, we'll hear from the Fed with the Federal Open Market Committee (FOMC) policy statement and interest rate decision to be released after their upcoming meeting ends on Wednesday. Although ...
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