Mortgage defaults in California rose for the first time in more than three years during the third quarter, as slower price gains and riskier loans gave struggling homeowners less margin for error, data released Thursday showed. A separate report released Thursday showed other signs of a cooling housing market, as inventories of unsold new homes nationwide rose to a record. During the July-September ...
I scan many news sources to provide recent articles of importance on issues pertaining to the Fresno real estate market, as well as occaisionally exchanging my own Realtor views and advice to homeowners and buyers of residential and investment properties. I encourage you to read the articles and post comments and opinions on the issues before our industry in these modern times.
Monday, October 31, 2005
Across the street from Freedom Elementary School are the beginnings of Clovis' innovative southeast urban village.
Sunday, October 30, 2005
First-time home buyer Judy Lopez of Fresno can describe exactly what she and husband Omar are looking for in a home.
Monday, October 24, 2005
Proposed Federal Emergency Management Agency guidelines about how far floodwaters might reach could hinder building and farming and spike flood insurance rates along the San Joaquin River.
Low interest rates and aggressive marketing campaigns have driven home lending to record levels. But increasingly Americans with good credit are being saddled with loans designed for high-risk borrowers. These higher-cost loans have been the fastest-growing segment of the mortgage market — accounting for 20% of the home loans issued last year, up from 10% a decade ago. Freddie Mac, the government ...
Clovis Unified School District's new education complex is under way at International and Willow avenues, the booming district's latest push into vineyards and orchards as it tries to keep pace with growth in northeast Fresno and Clovis.
Saturday, October 22, 2005
The easy money may be disappearing. In recent years, Sacramento's high-priced housing market has lured thousands to train as real estate agents, many hoping to cash in on the real estate boom. But now that homes are taking longer to sell and the market appears to be cooling off, many real estate professionals are predicting a shakeout that will force new agents to leave the business and veteran sellers ...
Tuesday, October 18, 2005
The new federal courthouse is the tallest building in Fresno, and maybe the most impressive.
Sunday, October 16, 2005
Economist and Sarasota resident John Tucillo puts it bluntly. "Sellers are always the last to know" when the market has turned, says the former chief economist of the National Association of Realtors.
The heart of California has a stunning new federal courthouse worthy of the region's growing national stature.
Thursday, October 13, 2005
With some homeowners fearing prices are peaking, the number of local homes for sale jumped 23 percent in September compared to the previous month, according to Multiple Listing Service statistics.
Wednesday, October 12, 2005
Record-breaking home values have jeopardized the American dream for more and more Southern Californians who aspire to the security and stability of homeownership but find the prices and sacrifices too much to bear. The hot real estate market has generated unimaginable wealth for homeowners but has left others priced out of the market, feeling they'll never get their piece of the dream. Five years ...
Monday, October 10, 2005
The latest consumer alert reveals it's getting tougher to find affordable housing in the valley.
Sunday, October 09, 2005
A dispute between two local Indian tribes each claiming to have historical ties to a piece of land in the Fresno County foothills could jeopardize plans for a new $250 million casino and hotel.
Tuesday, October 04, 2005
Fresno is imposing a new fee on developers. That means if you're looking to buy a new home, you could be charged an extra $3,200.
The city of Fresno met with Forest City Development Friday. Officials hope to bring some big name stores to Downtown Fresno.
Actual cash value versus replacement costs; deductibles, and valued policies are only a few of the things you need to know as an informed consumer of homeowner and flood insurance.
People who do not fully understand their homeowner's or flood insurance policies would be wise to invest in a good life insurance policy as well. If a disaster strikes, the truth could kill you.
Even if you have both a homeowners' policy and a flood policy on your home, you may be less protected than you think. There are restrictions that can affect the amount you collect from either following a disaster.
The first loophole is the deductibleRead More Now
Sunday, October 02, 2005
Fresno planning commissioners are recommending changes in land-use plans and zoning for three new subdivisions proposed in rapidly developing southeast Fresno.
Saturday, October 01, 2005
Dow Jones Newswires Amateur "flippers" in the real-estate market have more to worry about than a bubble burst.