Ca. central Valley Real Estate will be 1st to Rebound!

By
Real Estate Broker/Owner with Prudential California Realty

Pendings are up, in fact doubling", closings are right behind! The Ca. Central Valley is rebounding in a big way when it comes to Real Estate. Now even more "GOOD NEWS". the Feds are helping out too! Check this excerpt from the Mercury News today....

 

FHA boosts loan ceiling

LIMIT NOW $729,750 IN VALLEY

By Sue McAllister
Mercury News

Article Launched: 03/06/2008 01:33:45 AM PST

 

"Offering a ray of hope for a struggling California housing market, the government Wednesday doubled the limit for loans guaranteed by the Federal Housing Administration in 14 high-cost California counties, including Santa Clara County.

New, temporary limits announced by the U.S. Department of Housing and Urban Development were derived from median home prices in each county, and top out at $729,750. Previously, the maximum was $362,790."...

...Full story on this link... http://www.mercurynews.com/valley/ci_8472574?nclick_check=1

 It's a great time to buy in the Ca Central VAlley! For all the Agents who worked so hard to survive this market fluctuation...Way to Go!!!

 

The Coach

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the printer to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Groups:
Real Estate Articles Exchange
Twitter
Tags:
real estate
central valley
ca central valley real estate
fha

Comments 1 New Comment

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the music-note to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Rainer
48,837
Steven W. Monk
V. P., 1031 Exchange Expert
Exeter 1031 Exchange Services

Hi Eric, I hope your right!  I too have noticed my phone is ringing alot more this month than the last couple.

Steve

March 22, 2008 02:25 PM
Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the key to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Rainer
5,070

Eric Bryant

Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the tag to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase: