Jeff's Blog

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Real Estate Agent - Neighborly Realty
Latest news and trends for Real Estate
RECENT BLOG POSTS
New update from the California Association of Realtors: Hi Neighbors, The California Association of Realtors recently sent out an update I wanted to share with you.  CalHFA (California Housing Finance Agency) is now offering 30 year fixed rate mortgages with up to 95% financing.  In addition ther...
06/17/2009
Hello Neighbors,Interesting times.Houses below the $250,000 price point are absolutely "flying off the shelves".Property above the $600,000 price point? As "stale" as can be. Those properties are moving at a very, very slow pace. Often times sitting on the market for over a full year. Why?We see ...
06/17/2009
Hello Neighbors,The real estate market continues to shift, with the help of legislation.This just in from our friends at the Sac Bee (thank you Sacramento Bee)! Foreclosure rates are going to continue to be low. GREAT for the homeowner! TOUGH for the first time Buyer who is still trying to get th...
06/17/2009
Check out this new listing in Rocklin.  (http://myfsboexpert.com/?target_url=http://myfsboexpert.com/MyListings)
06/16/2009
Hi Neighbors, There is a great article on RISMedia by Chris Pummer that talks about the current housing market in California.  For all of the 1990's, home prices in the seven county San Francisco area fluxuated around the $250,000 range.  By May of 2007 it sky rocketed to $850,000!  The past 21 m...
06/16/2009
Hello Neighbors,Are you familiar with "Activerain"?It's a professional networking tool for Real Estate professionals.It is also A GREAT source of information for the consumer - real estate or financing.If you would like to check it out, give it a shot: It's very much like a "LinkedIn" (networking...
06/15/2009
Hello Neighbors,This article from John Graham, the Neighborly Financial manager:In light of the recent run-up in mortgage rates, one has to ask if the low rates are gone for good. After all it was hard to imagine rates being at 4.75% for a 30 year fixed loan. At this time, I think these rates are...
06/15/2009
Take a look at this video from CNN:http://www.cnn.com/video/#/video/us/2009/05/06/simon.ca.housing.cnnAre we recovering? Perhaps.I think the note about the unemployment rate is very important.I also know that we are VERY LOW on inventory right now under the $200,000 price point - less than 2 "mon...
06/09/2009
In a move to further stimulate and stabilize the home sales in the US, HUD has modified the stimulus tax incentives so first-time home buyers can get assistance with down payment and closing costs. More buyers are now aware of the US $8,000 tax credit and California's $10,000 new home tax credit ...
06/09/2009
Getting a buyer's attention is key, and photography is the most effective method of doing that.  Besides taking pictures of the critical points of view such as the exterior, master bedroom, kitchen and living area providing a different perspective can draw in buyers to that MLS listing photograph...
06/09/2009
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Jeff Engle

PlacerAreaHomes.com
smartphone(916) 303-0257
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Real Estate in Northern California