Headlines in Real Estate for week ending March 8th 2013

3 Reasons Why Home Sellers May Miss the Boat
Di Matteo Group
With home prices steadily rising in most areas of the country, a lack of inventory of homes for sale, and plenty of demand from buyers before the spring selling season even begins, some home sellers may find themselves missing the boat all together.
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New help for underwater homeowners
The Orange County Register
As of March 1, struggling borrowers who relinquish their homes can live in them
temporarily without having to make mortgage payments under new guidelines
implemented by Fannie Mae and Freddie Mac.
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Pare down the house payments
San Diego Union Tribune
Affluent borrowers are signing up for the same type of mortgage that pushed
many homeowners into foreclosure just a few years ago – interest-only
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Home prices up year-over-year in January
Los Angeles Times
U.S. home prices rose 9.7 percent in January from a year earlier, the biggest
increase since 2006, according to CoreLogic.
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Is Fannie Mae overpricing homes?
San Diego Union Tribune
Real estate agents and home sellers have raised the question of whether Fannie
Mae is overpricing homes throughout California due to a large number of deals
that have fallen apart with the taxpayer-supported company because of price
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About Daniel Di Matteo

Realtor at CENTURY 21 Award, Daniel was Voted U-T San Diego’s Best Real Estate Agent in 2014. A Husband, Father, and most recently, accomplished Blog writer, which explains your visit today.