YourTemeculaValleyRealtor

Housing prices have fallen to levels not seen since 2003.  What do expects say is in store for the Real Estate market? Read full article here… http://www.reuters.com/article/gc03/idUSTRE59F3E920091016

http://latimesblogs.latimes.com/laland/2009/10/temecula-joins-the-national-mostsearched-for-home-list.html

Murrieta considering program to help homeowners go solar By AARON BURGIN, The Press-Enterprise Murrieta is exploring a program that could make solar power a more affordable option for homeowners.  Only two other California cities, Palm Springs and Berkeley, have taken similar steps. The discussions are in their early stages, as city officials will meet Thursday [...]

Brown Sues Executive Financial Credit Services for Operating Illegally LOS ANGELES — Attorney General Edmund G. Brown Jr. today sued Todd Wick and Michael Sarto, owners of Los Angeles based Executive Financial Credit Services, for ignoring “repeated warnings” to register with his office and post a $100,000 bond with the Secretary of State. “Wick and [...]

When you’re thinking about buying a home, don’t make a move until you first take two important steps that strengthen your negotiating position: Find out how much credit you can qualify for, and Get pre-approved for the type of financing that will work best for you. Even if you’re only in the thinking-about-it stage, you [...]

If the economy is improving, do we really have millions more foreclosures coming? According to the U.S. Treasury, the answer is yes. In written testimony to Congress, Assistant Secretary for Financial Institutions, Michael Barr said that, regardless of the success of mortgage modification efforts, we should still expect millions more foreclosures. Mr. Barr’s testimony is [...]

Fiction:  Inquiries from multiple mortgage lenders while shopping for a loan will lower my credit score. Fact:  Looking for a mortgage or an auto loan may cause multiple lenders to request your credit report, even though you’re only looking for one loan.  To compensate for this, the score ignores all mortgage and auto inquiries made [...]

Distressed Sales Prove to Be a Drag on Local Home Prices With the deepening mortgage crisis came a flood of foreclosed homes repossessed by lenders. The longer these houses sit vacant, they become cesspools for blight and drive down neighboring property values. And even when these homes are successfully sold off, the price reductions required [...]

Act fast! Homebuyer tax credit ends soon – AOL Real Estate Shared via AddThis

Long-term mortgages rates fell again this week, according to a survey released Thursday by mortgage financier Freddie Mac. Frank Nothaft, Freddie Mac’s VP and chief economist, explained that the drop was because interest rates followed bond yields slightly lower this week, helping to keep mortgage financing very affordable even as market reports are beginning to [...]