Today, Alphonso R. Jackson resigned from his post as secretary for U.S. Housing and Urban Development to “spend more time with his family.” Why does every CEO or high-ranking person say that? Do they expect us to believe it? Or is it just nicer than saying, “hanging out at home being unemployed?” Either way, the [...]
Filed under: Foreclosure Fever, The Market | Leave a Comment »
Both Lennar and KB Home released reports this week and had these things to say about the housing market. From Lennar: Stuart Miller, President and Chief Executive Officer of Lennar Corporation, said, “Market conditions have remained challenged and continued to deteriorate throughout our first quarter of 2008. The housing industry continues to be impacted by [...]
Filed under: House Hunt, The Market | Leave a Comment »
”Home prices are down, down, down!” according to the Wall Street Journal. And why they included this consumer confidence chart, I’m not sure, but I liked it. According to RealEstateJournal: The ability of America’s lenders to manage this fire sale will be crucial to determining how long the housing market stays in the dumps — [...]
Filed under: Foreclosure Fever, House Hunt, The Market | Tagged: consumer confidence, dataquick, foreclosure | Leave a Comment »
Golden 1 Credit Union is now offering $20 million in ”mortgage-repair” loans for its customers who have lost their home to foreclosure in the last 18 months. In this tidbit from the Sacramento Bee: Its “mortgage-repair loan” fund offers 30-year, fixed-rate mortgages to Golden 1 members who lost their home to another lender within the past [...]
Filed under: Mortgage Mania | Tagged: Golden 1, loan, mortgage-repair | Leave a Comment »
Ask and you shall receive (as much as a blogger/full-time reporter can do anyway!) County/City/Area # Sold Feb. 2008 Feb. 2007 % Change Yr-to-Yr Contra Costa County 653 $446,000 $540,000 -17.41% ALAMO 9 $1,650,000 $1,250,000 32.00% ANTIOCH 72 $315,000 $500,000 -37.00% BRENTWOOD2 61 $440,000 $523,250 -15.91% CLAYTON 9 $598,500 $599,500 -0.17% CONCORD 90 $357,500 $510,000 [...]
Filed under: The Market, Uncategorized | 15 Comments »
Got this e-mail from Trulia.com yesterday and it featured the good old East Bay. Apparently in a national survey (with full graphic) of “good schools” Walnut Creek , Moraga and Pleasanton were mentioned as No. 6 (San Francisco Bay) in the nation of good schools/good values. Median listing prices in the ‘Nut were $505,000, in P-Town it [...]
Filed under: House Hunt, The Market | Tagged: education, Idaho, Moraga, Pleasanton, schools. Trulia, scores, sheep, shepherd, Treasure Valley, Walnut Creek | Leave a Comment »
