Housing BUZZ

Top Foreclosure Rescue Scams – Coming to a Neighborhood Near You!

2010-04-07T10:14:09-07:00

With the current climate in the housing industry, and overall economy for that matter, it’s no surprise that some people may look for any angle in order to get ahead, and sometimes this may include taking advantage of those in...

Top 5 Reasons Why Now is a Great Time to Buy!

2010-03-26T15:53:02-07:00

Although the best time for individuals to purchase a home will mainly depend on their own personal living and financial situations, the present housing market is offering some great opportunities for homebuyers that have not existed for years. But how...

Foreclosures coming in 2010

2009-11-16T14:08:54-08:00

Heading into 2010 the national unemployment rate is at 10.2% (California’s rate even higher) and still climbing, foreclosure activity is finally decreasing, a large volume of ARM resets are looming, and banks have yet to release an unknown volume of...

Homebuyer Tax Credit Extended!!

2009-11-05T16:19:50-08:00

More good news for consumers, our members, and the housing market recovery. Following the Senate’s favorable vote yesterday, the U.S. House of Representatives just voted 403 to 12 to extend the home buyer tax credit, expanding the parameters to include...

I'm underwater on my mortgage, can I refinance under the Obama program?

2009-11-04T15:01:41-08:00

Q: I was reading an article and it stated… "the Obama Administration's Home Affordable Refinance Program, launched early this year, allowed refinances for those whose first mortgage was as high as 105 percent of a comparable market analysis (CMV). A...

Legislative Update – What can we expect for the housing market come 2010?

2009-11-02T09:48:12-08:00

As 2009 winds down lawmakers are discussing which key ingredients of last year’s economic stimulus plan to reinstate for next year. Looking back over 2009, the real estate markets have reacted better than expected to the legislatives’ efforts to stimulate...

We just launched our Facebook Fan Page - Why Facebook? Why not?

2009-10-06T14:19:55-07:00

Eagle Financial & Properties Group is keeping up with the latest trends in technology and has now found a new way to keep you up to date on all the latest local real estate market trends, events and news stories...

New normal for home sales: Buyers have the power

2009-09-11T16:38:20-07:00

Following the downturn in the housing market, lenders started requiring Buyers to come up with more money up front, have higher credit scores, prove their income, and provide all their pertinent paperwork in order to get financing—quite different than earlier...

Mortgage Pitfalls and Lifelines

2009-09-03T18:23:14-07:00

I have recently been hearing from a lot of real estate agents about their buyer’s frustrations with the mortgage industry. It seems that most lenders today are taking forever to respond to new loan applicants, not too mention provide them...

Silicon Valley Housing Market Update for July 2009

2009-08-25T18:49:25-07:00

Summer Selling Season in High Swing Overview: The numbers are out and things are continuing to improve in our local real estate markets. All across Santa Clara County, the median home price is rising (up 11% last month to $540,000...