Santa Clarita Real Estate

Foreclosure Filings Rise for 26th Straight Month. A 60 percent rise in homes facing foreclosure than from this time last year. A California research firm reported earlier this month.

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Augusta Finacial, Santa Clarita’s premier lender has a New Year message about our local housing. Mike is Santa Clarita’s most trusted lender.  And an all around great guy a real pleasure to do business with. I’ll be adding Mike’s videos as her publishes them-generally about once a week or so.
 

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California Leads Nation in Least Affordable HousingDespite falling home prices in many regions of the state, California remains the nation’s least affordable market for homeowners according to the latest California Building Industry Association NAHB/Wells Fargo Housing Opportunity Index.
"Despite market corrections that have made some areas more affordable, the fact remains that the cost of […]

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The Buyers Made Us do It.
Angelo Mozilo is quoted as saying Countrywide Financial has done nothing wrong, and he’s done nothing wrong. In a article today in The New York Times states "To this day, he says his beleaguered company did nothing wrong during the loose-lending craze that is now unraveling nationwide with record foreclosures […]

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Fed Officials to Weigh Another Rate Cut
WASHINGTON — The message from Ben Bernanke and his Federal Reserve colleagues is clear: The housing slump will drag on well into next year as credit problems linger. What’s not so apparent is how they’ll deal with the crisis, although another interest rate cut could come this week.
Since […]

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Probate Sales of real property occur when the property owner dies intestate; dying without a valid will. The probate court appoints an administrator to distribute the deceased person’s property according to state law.
The Personal Representaive is a person with the responsibility to act as An executor (named in a will) or an administrator (appointed […]

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With short sales and foreclosures on the horizon I wanted to point out a great blog post that has excellent information for home owners that are facing the potential of a foreclosure action. From Glenn M. Ginsburg, Realtor in Naples Florida  "A seller needs to be informed and have consultation of a well qualified real estate agent with […]

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