Tag Archives: Rise

Average Home Prices Rise in California After Property Assessments

Average Home Prices Rise in California After Property Assessments

Average home prices began to rise this month after state and county property assessments were done. This is good news for homeowners who have waited for thei…
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Cash Purchases Rise to 45 Percent of All Sales in August While Institutional

Cash Purchases Rise to 45 Percent of All Sales in August While Institutional
States with the biggest percentage of short sales were Nevada (34 percent), Florida (29 percent), Ohio (23 percent), Maryland (21 percent), Tennessee (20 percent), and Michigan (20 percent). Sales of bank-owned … "The Northern Utah area is …
Read more on Marketwired (press release)

Mortgage Rates Rise To Two-Year High In Freddie Mac Report

Mortgage Rates Rise To Two-Year High In Freddie Mac Report
Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) released its tell-all survey of mortgage rates today, finding that lenders were offering 30-year fixed rate mortgages at an average unseen in two years. Last week saw rates averaging 4.4% but …
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FORECLOSURE REPORT: August was choppy; REOs rise 22% from July

FORECLOSURE REPORT: August was choppy; REOs rise 22% from July
If the August foreclosure results from RealtyTrac are an indication, it's possible the hiatus California had since the Homeowner's Bill of Rights was signed into law may be over. Daren Blomquist, vice president of the Irvine-based foreclosure and real …
Read more on Press-Enterprise (blog)