Four out of very five homes for sale in California were equity sales in July. This trend of traditional sales has been on the rise for 17 of the past 18 months according to the CALIFORNIA ASSOCIATION OF REALTORS®.
Fannie and Freddie set limits on short sale flipping
January 18, 2013 by
In what appears to be an effort to curb investors from taking advantage of distressed homeowners short selling their homes, Fannie Mae and Freddie Mac announced changes to their servicing requirements for short sales. The most notable change is the addition of a deed restriction which prohibits the buyer of a short sale from selling […]
Headlines in Real Estate for week ending August 24th 2012
August 24, 2012 by
4 year high for home prices, the investor effect, short sales and much more. Here are your real estate headlines you may have missed this week: California home prices near 4-year high (via Orange County Register) California home sale prices came close to a 4-year high in July, with the pace of sales year-over-year growing for […]
THE REAL ESTATE BUSINESS HAS LESS TO DO ABOUT SELLING PROPERTIES AND EVERYTHING TO DO ABOUT HELPING PEOPLE.
