U.S. mortgage rates rose in the latest week, rising from a record low matched during the previous week and countering government efforts to bring rates down to levels that will spur demand and help the hard hit housing market begin to recover. Interest rates on U.S. 30-year fixed-rate mortgages rose to 4.84 percent for the [...]
Posts
California's Home Buyer Protection Program
by Bernie Germani on May 7, 2009
A new fund established by the California Association of Realtors® gives first time buyers one more reason to make this the year to buy a home. Not only are interest rates incredibly low, after all, I’ve recently locked several loans at 4.95% and under for refinance clients. These rates are creating the opportunity to have [...]
Lakewood, California 5 Year Housing Trends
by Bernie Germani on May 6, 2009
Lakewood, California 5 year housing trends
California's New 1ST Time Home Buyers Program
by Bernie Germani on May 6, 2009
California’s New 1ST Time Home Buyers Program
The Great Housing Bust of 2009, Is this what it should be called??
by Bernie Germani on May 4, 2009
The Housing bust of 2009
Making Home Affordable. The Saga Continues!
by Bernie Germani on May 4, 2009
Making Home Affordable. The Saga Continues!
Mortgage Rates Reverse Four Week Decline
by Bernie Germani on April 11, 2009
Mortgage Rates Reverse Four Week Decline
You Have To Be the Short Sale Quarterback
by Bernie Germani on March 19, 2009
You Have To Be the Short Sale Quarterback
FEBRUARY HOUSING STARTS UP FOR FIRST TIME IN EIGHT MONTHS
by Bernie Germani on March 19, 2009
Nationwide housing starts increased for the first time in eight months in February
Confession of a Lakewood Short Sale
by Bernie Germani on March 13, 2009
Confession of a Lakewood Short Sale
Lakewood,Ca Home Values and House Prices
by Bernie Germani on February 13, 2009
Population: 80,055 $393,500 is the median estimate for a given geographic area on a given day. For Sale (295) Recently Sold (804) Lakewood Home Value Information Lakewood National Home Value Index: $204,577 $393,500 1-Yr. Change: -$98,000 -$24,101 Per Sq. Ft.: $337 $258 Flips (Sold Twice Within the Last Yr.): 1.1% 2.3% Turnover (Sold Within Last [...]
Hello world!
by Bernie Germani on February 11, 2009
Welcome to WannaNetwork Real Estate Networking. This is your first post. Edit or delete it, then start blogging!
Rates Rise After Fed Meeting
by Bernie Germani on January 31, 2009
Real estate investors were pleased to see that Mortgage rates held steady during the first half of the week, at least until Wednesday’s Fed meeting. As expected, the target for the Fed Funds rate remained unchanged, close to a level of zero. Heading into the announcement, the biggest question for investors was whether the Fed [...]
Is a Lakewood Short Sale Really Worth It?
by Bernie Germani on January 26, 2009
As home prices spiral downward in the state of California, the increasing number of mortgage defaults has been on the upswing during the past few years. Many homeowners today realize that what they owe is not what the home is remotely worth. As a result, foreclosures in California now skyrocketing to a level that the average Californian homeowner is not prepared to handle. A great solution, that should [...]
Last Week in Review
by Bernie Germani on January 26, 2009
“IT’S A CRUEL, CRUEL SUMMER…LEAVING ME HERE ON MY OWN.” From 80′s band Bananarama And that’s exactly what potential home buyers and refinancers who stay on the sidelines might be singing. I sit here and look back at the events that took place this past week, and here are Bernie Germani’s thoughts. Although home loan [...]
Supply Concerns Move Market
by Bernie Germani on January 23, 2009
A new President took office, a large fiscal stimulus package moved closer to passage, and investors became more concerned about the impact of the enormous amount of debt which will be issued to pay for all the government programs. The most recent proposal called for an additional $825 billion to stimulate the economy. As the [...]
Credit Markets Thaw Further
by Bernie Germani on January 19, 2009
Rates on mortgages and interbank loans(what banks charge each other) slide. Demand surges for corporate bonds. In my opinion the global credit freeze is slightly improving, and thawing since the Treasury and the Federal Reserve launched a massive rescue of the financial system last fall. The consumer is the best indicator of better credit market [...]
You Need to Know This If Your Client has a Short Sale With an FHA Loan
by Bernie Germani on January 19, 2009
Lakewood, California: If your client has an FHA insured loan please understand this. Your client will need an application (HUD Form 90036) to participate in a pre-foreclosure sales program, as well as a home-ownership counseling form (HUD Form 90038). The listing: Borrowers shouldn’t enter their house in the local multiple listing service until they establish communication [...]
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Carmen Brodeur: Very interesting! I better go buy more wrinkle cre...
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Ria Grace: What is good of having custom home is that you can...
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Patrick: A great online property management forum is agents...
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Kyle Pearce: Unfortunately, in every industry, there are some w...
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Carmen Brodeur: Real estate is definitely on its way back. We hit ...
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$10000 California First Time Home Buyer and New Home Tax Credit Extended
March 23, 2010
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Unite Against the Sarasota MLS Board
October 18, 2008
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Short Sale Heaven Coming April 5th 2010
December 9, 2009
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The Lones Group – Real Estate Social Media Marketing Firm – Sues Agent For Being A Zebra
February 26, 2011
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California Senate Bill 94 (SB94): Passes; Not even Attorneys can do it!
October 13, 2009
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