Financial Update
Why 2012 Can Be a Good Year!
Happy New Year! 2012 is going to be GREAT! Of course, you would expect me to say this, right? OK, I admit I’m optimistic by nature and I know that Realtors can sometimes get excited. However, before you discount my outlook as sales hype, I think I’ve got good reasons to be looking forward to [...]
Read Full Post | Make a Comment ( None so far )Home Equity Lending On the Rise
By Gino Blefari President & CEO Intero Real Estate Services, Inc. Spring is near and though the snow banks still comprise the landscape of much of the country, it’s only a matter of time before the big thaw. Spring traditionally is one of the busiest times in housing markets. While it’s too early to tell [...]
Read Full Post | Make a Comment ( None so far )Watch out for New Down Payment Regulations Coming to a Lender Near You
By Gino Blefari President & CEO Intero Real Estate Services, Inc. 2011 – it’s the year of the regulators with housing and finance. A major collapse in the banking industry, along with periods of decline in housing have piqued Capitol Hill’s interest in making more laws in the mortgage banking and financial industries. The first [...]
Read Full Post | Make a Comment ( 1 so far )State Planning to Help Unemployed Avoid Foreclosure
Some good programs to be aware of and check out in case you qualify. By Pete Carey, pcarey@mercurynews.com Updated: 01/11/2011 09:36:57 PM PST A state plan to help homeowners facing the threat of foreclosure kicked off this week, with the California Housing Finance Agency taking applications on a toll-free phone line. Designed to help homeowners receiving [...]
Read Full Post | Make a Comment ( None so far )What will the 2011 Santa Clara County Real Estate Market Look Like?
Intero’s CEO makes some predictions on 2011…inventory, foreclosures, interest rates. Take a listen!!
Read Full Post | Make a Comment ( None so far )Today’s Silicon Valley Market in Perspective by Carole Rodoni
Listen to Carole Rodoni’s expert opinion on the rollercoaster ride of our economy and where the real estate market in Silicon Valley is going.
Read Full Post | Make a Comment ( 1 so far )Real Estate Market on its Way to Recovery…Think About It…No News on This Anymore
Have you noticed that the talk about the banks and mortgages and the real estate market has considerably dwindled? That tells me the journalists are not interested in this anymore because it is not new-worthy. Think about, if a journalist doesn’t want to talk about it, then it must not be anything exciting. As far [...]
Read Full Post | Make a Comment ( None so far )Goodbye to 4% Interest Rates!
“Black Wednesday” (May 27, 2009) as many are calling it was the day that people realized the golden opportunity of 4% interest rates was on its way out. The government’s solution to jump-start the economy was only meant to be a band-aid and it appears that band-aid just fell off. What happened on Black Wednesday? [...]
Read Full Post | Make a Comment ( None so far )Buyers Be AWARE! Interest Rates and Federal Incentives Make this the Time to Buy!
Per the Wall Street Journal on April 23rd, “With mortgage rates at historic lows, homeowners eager to lower their payments are rushing to refinance. The average contract interest rate for 30-year, fixed-rate mortgages stood at 4.73%, down from more than 6% a year earlier. About 80% of all mortgage applications are for refinancing.” Buyers this [...]
Read Full Post | Make a Comment ( None so far )Chairman Bernake says the banks must stabilize before the economy can see recovery
Did you get a chance to see Chairman Ben Bernake speak out on 60 minutes about The Federal Reserve’s work to get the US out of this economy slump? It was a great education on the economy and how the Federal Reserve is working to fix the problem. The Chairman had great perspective and history to reflect on [...]
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