John Kim's Real Estate Blog

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Services for Real Estate Pros - Property Services & Short Sale TC
As a Short Sales Processing Service this blog is to help inform and receive information on our industry. This blog is to explain some things to the homeowner or realtor in Short Selling, Loan Modification, and industry related news.
RECENT BLOG POSTS
     Late this week Feddie Mac noted that the rates are still on a low with hopes that home buyers would purchase and home owners would consider refinancing.  Here are the rates at the end of this week...   30 yr Fixes Mortgage Rates 3.87% - Current Rate 3.87% - Lowest Rate within a Year 5.05% - ...
02/11/2012
  Well now, here are a few things to possibly look forward to during your beach time in friendly "Sunny So. Cal."   Increased fines and restriction are to be enforced this Summer on the Los Angeles County beaches.  The LA official's reasoning is that during the peak season this ordinance will pro...
02/10/2012
  It seems that many are saying that the numbers recently have reached an all time low, since the recent prerecession.  1.9 mil. homes that were in foreclosure last year is similar to that of 2007 and before.  Of course Nevada, Arizona, and California are holding a seat at the head of the table w...
01/21/2012
Even though I'm a transplant I still love living in Southern California.  But with that in mind I realize that Cali has a lot of Top 10 rankings, especially the most polluted.  So here are the sad rankings of this Top 10.   Bakersfield and Delano, California Los Angeles, Long Beach, and Riverside...
01/21/2012
  Top 5 Foreclosure Cities Merced, California Modesto, California Stockton, California Riverside, California Detroit, Michigan   Top 5 Employing Cities Miami, Fla. Los Angeles Riverside, Calif. Las Vegas Detroit       But on a side note here are the cities with the most foreclosures filed.  Remem...
01/21/2012
  Nothing new that the United States Post Office, USPS, will be reducing more of their staff, work hours and asking many to retire early.  Currently, the projected list of USPS locations that are going to close is getting bigger every time I see it.  But with $5 billion a year in losses due to th...
01/21/2012
  So it seems that on the morning of Sunday, January 22, 2012 is the day that the price for the Forever Stamp will be increasing.  It’s supposedly be starting this morning Monday, but oh well…   The increase is from $0.44 to $0.45.  Yes, a whopping 1 cent, however in 2010 it was 2 cents.   Additi...
01/21/2012
Many companies in 2011 have gone through downsizing by closing locations such as Borders with 620+, Blockbusters with 400+, GameStop with 200+, and GAP with 180+.  KB Home is a California based home builder has been on a downward fall since the housing market has gone south in late 2006.  With th...
01/14/2012
  If you are one of the few homeowners that can actually refinance either thru the heavenly touch of the real estate godz or somehow you did not take a bite out of the apple that has been constantly pounded advertised for the past few years.  You're in luck... so far for your patience and willpow...
01/14/2012
 The most expensive home in then world in terms of a private residental home goes to the winner Mr. India, Mukesh Ambani.  Mr. Ambani is the Chairman of Reliance Industries Limited, which provides petrochemicals, refining, and oil and gas, textile, retail business, special economic zone developme...
01/14/2012
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Short Sale Processing Service that will help any person that is interested in closing a successful short sale.