Silicon Valley's cheaper home syndrome The high-end home market in Silicon Valley is practically nonexistent. Check out this story on USATODAY.com: http://usat.ly/1ALdtMy Kelly Porter appreciates a beautiful home; he spent seven years renovating his own chateau.
Home sales across Southern California sank to their lowest level for a November in seven years and prices showed more signs of flattening as the market's slump dragged on, according to data released Monday from CoreLogic DataQuick. Sales of new and previously owned houses and condominiums fell 9.5 percent from a year ago in the six-county region with Los Angeles, San Bernardino and Riverside counties posting the biggest declines at 10 percent.
Readers who see three YouTube videos on our front page this past week must be curious. Has The Americzan Reporter become tabloid? Is the editor out of his mind? There is a simple explanation, and it is a news-related one.
Thus the state-managed Unemployment Mortgage Assistance Program can provide as much as $54,000 in financial aid to low-and moderate-income homeowners, while they look for work. “We're always looking at ways to improve the program and we are confident these changes will help more homeowners get much-needed help,” said Tia Boatman Patterson, executive director of the California Housing Finance Agency, which oversees Keep Your Home California.
Bottom Right Default State Name: State Name underscore: State Name dash: State Name lower underscore: State Name lower dash: State Name lower: State Abbreviation: State Abbreviation Lower: It is a continuously updated stream of news from around the web Visit throughout the day for the latest breaking news. CR Note: The consensus is that on Monday, the NAR will report 5.20 million existing home sales for November, on a seasonally adjusted annual rate basis .
Keep Your Home California has made a change to one of its four foreclosure relief programs to help homeowners struggling to find a job. The Unemployment Mortgage Assistance Program has expanded from 12 months to 18 months.
"Congress extends Mortgage Debt Forgiveness Act " - hey, that's good news, right? In fact the Senate approved a bill that would retroactively extend over 50 expiring tax provisions for one year, including the one that shields distressed homeowners from paying taxes on any mortgage debt forgiven in a short sale. The latest Issue of Arch MI's Housing and Mortgage Market Review with a new version of the Arch MI Risk Index is currently available.