Properties By Hood

November 6, 2009Expected to contribute approximately $22 billion to the economy, Congress overwhelmingly passed a bipartisan measure this week extending the $8,000 home buyer tax credit to April 30, 2010. The legislation, which is part of a larger bill that also extends unemployment benefits, was signed into law by President Obama today. More ...

Well, it seems to have been an active week for listing agents this week in San Elijo Hills. There were 8 new or newly re-listed properties in SEH between 11/21 and 11/28. Here is the recap, 1 single family attached home located in the gated community of Springfield; this is a short sale. Of the 7 single family detached homes 4 are located in ...

Wow, have you seen mortgage rates? The mortgage market reacted positively Wednesday to the news that the Federal Reserve finally quit waffling on whether or not they would purchase the direct obligations of housing-related government-sponsored enterprises (GSEs)--Fannie Mae, Freddie Mac, and the Federal Home Loan Banks--and mortgage-backed ...

I have been wanting to publish this blog for sometime now and it appears that the time is here.  In our inaugural post we will bring you current on year to date sales statistics and current listing inventory in San Elijo Hills to set a baseline of sorts for future posts. We should all be aware that real estate is local and the doom and gloom ...