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Lead Story
Are Flippers Negatively Impacting the Real Estate Market? (5)
6/17/13 •
Rising prices are fueling the practice of house flipping, which have some worried about another inflated housing bubble. However, others argue that flippers have a positive impact on the market, creating beneficial transactions for agents and fixing homes in disrepair which increases the overall value of the neighborhood. In California, homes bought and resold within [...]
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Fidelity Competes with California Agents for Listings and Home Sales!
Breaking News! Fidelity is competing directly with real estate agents for the tight inventory of available homes for sale in California. Did you know that Fidelity National Financial, Inc. “Fidelity” owns 100% of at least one California real estate brokerage company? We just learned that J. Rockcliff, Inc. is a Fidelity-owned company.
Housing Market Continues to Climb as Pending Home Sales Rise (0)
6/15/13 •
Good news agents, the number of prospective buyers signing contracts to buy previously owned homes increased last month to the highest level in three years, which is just one more sign that the housing market’s rebound is well under way. The National Association of Realtors said on Thursday that its seasonally adjusted index for pending [...]
Could A Drop In Late Mortgage Payments Lead To An Increase In New Listings? (1)
6/12/13 •
The percentage of home owners at least two months behind on their payments fell by 21% in the first three months of this year, compared to 2012, according to credit reporting agency TransUnion. The company anticipates the national mortgage delinquency rate will continue to decline in this quarter to about 4.5%. Do you believe the [...]
10 Buyer Turn-Offs Sellers Should Avoid (1)
6/10/13 •
As RE professionals you’ve all seen houses that you hesitate showing clients, but do your sellers know the top ten buyer turn-offs? Help your sellers take care of these potential deal killers. 1. Dirt – Nothing will turn away buyers faster than a dirty home. Hire a cleaning service, or do it yourself, just make [...]
El Monte, CA Resident and Others Indicted in Mortgage Fraud Scam (1)
6/06/13 •
One Californian and three Nevada residents have received felony indictments for their mortgage lending fraud scam. A 15 count indictment was returned by a grand jury on April 22, charging William Patterson, 51, of El Monte, Calif.; along with Las Vegas residents Lynda Finch-Estrada, 54, William Chrissikopoulos, 43, and Alan Dornhuber, 63. Operating under the [...]
