Friday, May 27, 2011

Lenders Have to Pony Up Big to Servicemen.

There has been a long time law protecting the rights of servicemen from foreclosure when they are called up to active duty overseas. Unfortunately some mortgage holders ignored it or just were incompetent. Go to http://www.signonsandiego.com/news/2011/may/26/lenders-pay-22m-settlement-military-families/

Friday, May 20, 2011

Lowest Priced & Highest Priced California Counties

-- According to April Statistics, Lake County has the lowest prices, median price of a home there is$98,330. (Must be a lot of Mobile Homes). Highest is Marin County where the median price is now $726,060. Our own SLO county is now $390,180 which is 3.2% less then a year ago in April.

Tuesday, May 10, 2011

April North County Real Estate Stats

Sales of all North County real estate types increased 3% in April over March. Sales for the 1st 4 months of this year are also now up 17% versus the 1st 4 months of last year. Properties in escrow are also up 10% over last month and properties on the market are down 8% when compared to the same time last year. The trend continues to be positive at this time.