Hello Neighbors, The recovery is upon us! (Note to self though - the rumored zillions of foreclosures still to hit the market could drive things down again... but when will those homes hit the market? I've been told "next month" for 11 months now...) Thank you NAR (National Association of Realto
...
08/26/2009
Hello Neighbors, Another sign that things are stabilizing a bit. You've heard about this in the local news... some of the larger foreclosures / failures are getting bought up, like the Folsom Treehouse project. This just in from the Sac Business Journal - thank you SBJ! Folsom project bought out
...
08/21/2009
Hello Neighbors, It is with great enthusiasm that we announce our affiliation with HUD! After pushing for 11 months with their subcontractor, we now have keys! Yep, we can get into any HUD home in California, help you write offers ("Bids" in the HUD world), and get you into one of these homes.
...
08/18/2009
Neighborly Realty & Neighborly Financial on Facebook
08/11/2009
It sure looks that way. Hello Neighbors, It happened again yesterday. An appraisal came in on a great Granite Bay home (we are in escrow on) at roughly $46,000 below purchase price. Yep, that's right. A HUGE gap between what we've agreed to pay and what the bank's appraisers say it is worth. U
...
08/07/2009
Hello Neighbors, As we continue to recover from these crazy times, the Feds are creating new legislation at an alarming rate. These new rules are rolling out a bit too quickly - and without a thorough analysis of the impact to the consumer. Don't get me wrong - the goals are important, and the
...
08/03/2009
Hello Neighbors, My sincere apologies for the gap! It's been 4 weeks since a "fresh" blog post... lots going on in these crazy markets. So many changes with lenders (new Appraisal rules, new Truth-in-Lending rules, a pipeline so full that we are seeing 45 and 60 day escrows..) It's just plain n
...
08/03/2009
Hello Neighbors!GREAT NEWS from our friends at CNN and CNNMoney! Thanks CNN Teams!Government driven changes to the home financing markets continue to roll out, and we couldn't be happier. Home owners can now refinance up to 125% of their home values. Fantastic news for owners underwater due to th
...
07/02/2009
Hello Neighbors, WOW. You use this site to keep up on the latest market activities. No spin, just good solid data. Here is an example of how insane the markets are right now, from one of our own listings (in Marysville, CA). We listed a house in Marysville for $79,800 at 11:00pm on Saturday the
...
06/29/2009
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 g
...
06/15/2009
