Good news for real estate for 2008 came when the Economic Stimulus Package was passed earlier this month by Congress and was signed into legislation by the President.  While the media focused most of its attention on the rebate of up to $600 ($1,200 for couples) that taxpayers should receive by May, the real news […]

By ALEX VEIGA, AP Business Writer
(02-19) 12:13 PST Los Angeles (AP) –
Frustrated California renters take heed: A trade group says it’s getting easier for people to afford their first home.
With home prices in a downward spiral in many once-booming areas, the percentage of California households that can afford to finance an entry-level home increased in […]

Banks will halt foreclosure proceedings to give lenders time to work out delinquency solutions. It’s the latest attempt to tackle the housing crisis. 
NEW YORK (CNNMoney.com) — Six of the nation’s largest mortgage lenders, in a joint effort to cool the raging foreclosure crisis, have agreed to temporarily stop foreclosure proceedings on homeowners who have fallen […]

Many people are in search of a definitive answer about when the California housing market will hit bottom. Are you trying to predict the best time to buy a new home? Are you cautiously waiting while anticipating another drop in housing prices? Well, while you are waiting, somebody else is likely scooping up that lovely […]

There are two small changes in the tax code this year that may benefit some homeowners. If you think you qualify for these changes, research the guidelines at www.irs.gov or contact your tax advisor.
The first change is actually an extension. In late 2006 Congress passed a law allowing a rather strange one-year deduction of premiums […]

Are you in the market to buy a new home? Well, even if you’ve decided to entertain the notion at 3:30 am on a Tuesday in San Diego, you can start to do your research online and view homes around the corner or around the world. Technology has revolutionized the real estate market for the […]

NEW YORK (CNNMoney.com) — The House and Senate on Thursday overwhelmingly approved a roughly $170 billion plan aimed at spurring the economy by sending rebate checks to millions of taxpayers, offering tax breaks to businesses and trying to ease the home lending crunch.
The bill would give one-time rebates to 117 million low- and middle-income households, […]

Despite the constant barrage of news about  market instability and economic downturns, there has never been a better time than the present to buy real estate in California. Interest rates are low and housing prices are falling. When you combine these facts with the fact that real estate is almost always an investment that will […]

The baby boomer generation has buying power, plain and simple. Turn on your television any given night, and you will see that they are courted by countless commercials from car companies, investment brokers, prescription drug manufacturers and the list goes on. As they approach retirement age, the real estate world is waiting with bated breath […]

Are you currently mired in a mortgage of doom? If you are afraid that you’ve bitten off more home loan than you can chew, you are not alone.
Statistics show that nine out of every thousand homes in the United States had pre-foreclosure status in the first seven months of 2007. California is the national leader […]