www.CliffAberson.com

New Short Sale team added

cliffaberson — Tue, 01 May 2012 16:54:35 +0000

I’m pleased to announce a new Short Sale team has been added to my company. This will help streamline short sale negotiations with lenders and assure our clients that their short sale is being diligently worked on every step of the short sale process.

As always there is no fee to our short sale seller clients.

If you are behind on mortgage payments, have received a notice of default, or are interested in doing a short sale please call today.

Prices see increase, Pending Sales reach 3 year high

cliffaberson — Tue, 01 May 2012 16:46:16 +0000

California home prices rose in March for the first time in 16 months. California Pending Sales are currently at a 3 year high. With rates still low it’s a great time to buy. Please call or email for any info or assistance.

Rates hit new low

cliffaberson — Thu, 02 Feb 2012 17:51:31 +0000

Mortgage rates fall to new low, 3.87% average, for 30-year fixed rate according to new Freddie Mac survey

Mortgage Rates

cliffaberson — Sun, 29 Jan 2012 01:29:29 +0000

Here are this week mortgage rates from Wells Fargo…

Conforming and FHA

Loans30-Year Fixed 4.000%

30-Year Fixed FHA 3.750%

5-Year Fixed 3.250%

5-Year ARM 2.250%

5-Year ARM FHA 2.750%

Larger Loan Amounts in Eligible Areas Conforming and FHA.

30-Year Fixed 4.000%

30-Year Fixed FHA 3.750%

3-Year ARM 2.500%

Jumbo Loans – Amounts that exceed conforming loan limits.

30-Year Fixed 4.250%

Year ARM 2.500%

Homes listed for sale hit 4 year low

cliffaberson — Mon, 21 Nov 2011 19:04:18 +0000

Below is a tweet and story from WSJ. Perhaps a sign of the market recovering? …

The number of U.S. homes listed for sale last month fell to the lowest level in more than four years t.co/fPR7zs53

$5,000 Real Estate Grant For Military Buyers

cliffaberson — Thu, 22 Sep 2011 21:57:56 +0000

http://tinyurl.com/3bl5gpk

Mortgage Rates dip lower

cliffaberson — Thu, 22 Sep 2011 21:52:32 +0000

Today’s Mortgage Rates:

30yr – 3.85%

FHA 30 yr – 3.75%

Foreclosures see increase in August. Rates still low

cliffaberson — Mon, 19 Sep 2011 15:39:30 +0000

In a sign lenders may be starting to push through more foreclosures, California had a 55% increase in notice of default filings in August. Lenders had been delayed on many foreclosure filings due to robo-signing and documentation problems.

Default notices rose to a nine month high to 78,880 in August.

228,098 properties received foreclosure filings nationwide in August.

As the foreclosures start hitting the market it should increase the amount of deals home buyers are able to get. And with loan rates still near historic lows it makes it an awesome time to buy for those ready.

Latest rates:

30yr – 4.18%

FHA 30yr – 3.84%

July 2011 San Diego Real Estate Statistics

cliffaberson — Tue, 13 Sep 2011 15:17:52 +0000

July 2011 San Diego Real Estate Statistics–

4.1% of San Diego sales were “flips” in the month of July. Foreclosures are still high although lower than last years levels. Sales volume was slightly lower than July last year. The median price in San Diego county was also down from the same time last year 3.8%, $325,000 from $338,000 in July 2010.

Sales Volume			Median Price
All homes	Jul-10	Jul-11	%Chng	Jul-10	Jul-11	%Chng
San Diego	3,070	3,041	-0.90%	$338,000	$325,000	-3.80%

Source – DataQuick

Turn vacation home into cash cow (via Inman News)

cliffaberson — Sun, 04 Sep 2011 19:33:56 +0000

http://ht.ly/6jZTu