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The Federal Housing Administration, which is the largest insurer of low-down payment mortgages, announced last week that it will raise premiums by 10 basis points, or 0.1 percent, on most of the new mortgages it insures.
(FHA makes a lot of sense for many borrowers, in some cases it’s the only option, but it’s [...]
90 Energy Upgrades can be financed through Sonoma County!
Click on the Facebook icon immediately following this sentence and check out their page and make sure you LIKE THEM! Get more information on energy upgrades and how the County of Sonoma can make this happen for you!
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Here in Sonoma County, California–Many Realtors are lamenting the LACK of inventory or homes for sale. I submit that it all depends on how MUCH money you wish to spend. One of the most IN DEMAND price points is the 0- $250,000 price point. This has been the land of the REO (real estate owned) [...]
Long time guest and friend of the Real Estate Hour, Pete Phillippe of Princeton Capital, will join us to discuss options which super low interest rates offer the consumer. With rates THIS low (3.25%) a homeowner refinancing may consider saving money while retaining a 30 year amortized loan or choosing to opt for [...]
……………………………………. Federal Government & Attorneys General reach landmark settlement with major banks
Roughly $25 billion in relief for distressed borrowers, states and federal government.
From the “NationalMortgageSettlement.com” website.
After many months of negotiation, 49 state attorneys general and the federal government have reached agreement on a historic joint state-federal settlement with the country’s five largest [...]
A month by month, year over year look at the Sonoma County, California Real Estate market.
Sonoma County’s available home inventory is down 24% over last January…with properties ” in contract” a whopping 42% higher than last year at the same time. January 2012 hit a 12 month high of 602 homes under contract. However, [...]
After a bit of confusion last week, Join us THIS Sunday 2/05 as we discuss the status of the Sonoma-Marin Area Rail Transit project, better known as SMART, with General Manager, Farhad Mansourian.
Last week, SMART General Manager, Farhad Mansourian, addressed a room full of Sonoma County Realtors and affiliates. His goal was to [...]
Today, on The Real Estate Hour, we’ll be talking to a homeowner who heroically navigated the loan modification process, substantially lowered her interest rate, and saved her home.
We’ll get her take on the process, and tell you more about the Making Home Affordable Help Team at www.MakingHomeAffordable.com 1-800-300-5454. Your calls are welcome; 707-636-1350 on [...]
A Past President, Current President, and President Elect…all in one little room. And, I’m taking full advantage of the opportunity to take the morning off.
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