Central Valley Real Estate

JP Morgan Chase (& Wa-Mu) Foreclosures Frozen For 90 Days

2008-11-01T12:43:50-07:00

Business Week magazine reported yesterday that JP Morgan Chase will be placing any homes into foreclosure during the next 90 days. This unprecedented move is part of a plan to modify mortgage loan terms for 400,000 homeowners that account for...

Massive inventory decline could spell bottom of market

2008-11-01T12:23:23-07:00

Because Econ 101 teaches us that lower supply leads to higher prices, the decline in housing inventory signals that we are getting ever-closer to the proverbial "bottom of the market," if we're not there already. (CLICK ON TABLE TO SEE...

California Association of Realtors 2009 Real Estate Forecast

2008-10-29T06:00:00-07:00

Every October, the California Association of Realtors (C.A.R.) publishes their annual real estate forecast. It is really a wealth of information, containing all sorts of general economic data as well as every conceivable data point related to real estate. In...

California Foreclosure Timelines

2008-10-24T16:16:29-07:00

I found this great article on the website for the California Association of Realtors, which details exactly how the foreclosure process works in the state of California. Analyzing the Steps of Foreclosure-By Sara Sutachan, Senior Research Analyst, California Association of...

June 2008 Update: When is the right time to buy an investment home?

2008-06-12T11:08:22-07:00

(NOTE: This post is geared towards investors ONLY, because it focuses solely on issues of price and timing. If you are buying a home for yourself, you'll want to consider other factors as well, such as the school boundaries, your...

Are There Any Good, Competent Agents in Modesto?

2008-05-29T23:09:40-07:00

I am a member of Trulia Voices, which is a forum where individuals can ask real estate questions to other members and get their responses. I saw a question today that I really liked, and wanted to post both it...

If You're Gonna Be Angry, Be Angry At Everyone

2008-01-24T09:00:00-08:00

I read a community editorial in our local paper, The Modesto Bee, on Jan. 23 that was very insightful. Rather than blame mortgage loan brokers for this whole mess (as I am sometimes prone to do), or blame loan brokers...

Hey, Bargain Hunters! Where Are You?

2008-01-23T14:44:57-08:00

As the Briefing.com assessment of today's stock market performance explains, "There are volatile markets and then there are volatile markets. Wednesday's session was the latter variety, which is to say it was truly volatile. To wit, the swing in the...

California Foreclosure Activity Continues to Increase

2008-01-22T17:49:47-08:00

There's no sugar-coating it any more--the housing market is in dire straits. As a real estate agent, I really want to be as optimistic as possible. And yet, that's a disservice to those who need to know the reality of...

Where To Start If You're Afraid To Lose Your Home

2007-08-24T10:47:08-07:00

You're either behind on your mortgage already, or your rate (and payment) are about to jump significantly, or perhaps you're current on your mortgage but you owe more than it's worth and now you need to move. What do you...