ARCHIVED BLOG POSTS

2009 

It should surprise no one that Fed Chief Ben Bernanke today said while the economy is showing “tentative signs of stabilization,” the central bank plans to maintain its stimulative monetary policy for an “extended period.” But Bloomberg has a few paragraphs on an eventual exit strategy for the Fe...
07/22/2009
According to the California Foreclosure Report for June 2009, California's foreclosure sales increased 24.7%. During June in Orange County, Notices of Default were at 2,486, a 16.2% increase from May where Notices of Default were at 2,139. Foreclosure sales also increased in June with sales at 91...
07/16/2009
There are mixed signals coming from the housing market, with forecasters predicting further home-price drops at the same time that indexes show prices rebounding.    The latest: The California Association of Realtors reported Thursday another monthly gain in the median price of an existing single...
07/09/2009
The market share of refinancings has dropped to its lowest point since November 2008, according to the Mortgage Bankers Association. The group's Weekly Applications Survey Market Composite Index, an overall measure of mortgage applications, fell over 7% on a seasonally adjusted basis.  Refis only...
07/07/2009
   Newfound signs of stability in the housing market could still be threatened by rising foreclosures and slow efforts to stop them, according to two reports released Tuesday.    The Standard & Poor’s/Case-Shiller index of 20 major metro areas showed the smallest monthly decline since June 2008. ...
07/02/2009
Rainer
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Zen Ziejewski

Laguna Niguel Real Estate
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