Latino homeownership in California trails the nation, and, in order to adequately meet the needs of the state’s fastest growing ethnic community, roughly 4 million homes must be built in the coming decades, according to a new study by the California Building Industry Association (CBIA), and the California Homebuilding Foundation (CHF).
"Latino Californians understand the importance […]

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Some of the most effective efforts to keep homeowners in their homes and out of foreclosure comes from actions taken on the state level, according to the National Governors Association Center for Best Practices.
Several states have passed legislation to strengthen consumer protection, impose harsher penalties on predatory lenders and provide access to education and counseling […]

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The latest UCLA Anderson Forecast quarterly report states that the U.S. will not hit a recession – but we will find it could be perceived to be close because of decline in some jobs and the daily national badgering from the media talking about the subprime mortgage crisis.  I am still see viable housing market in the San […]

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At first I thought this was funny…  Then I realized the awful truth of it. (Be sure to read all the way to the end!)
Tax his land, - Tax his bed,  - Tax the table - At which he’s fed.
Tax his tractor, - Tax his mule, Teach him taxes - Are the rule.
Tax his cow, […]

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How to get the best possible mortgage for your home buying.  This is a tight and tougher market for obtaining a mortgage.  Many potential home buyers are asking this question – and also how to obtain a good mortgage if they want to refinance.
 
If a borrower applies for an adjustable rate mortgage the banks and […]

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Congress is proposing to target homes that are larger than 3,000 square feet.  Their idea is to entice people to conserve energy.  Therefore, they are talking about eliminating the mortgage-interest tax deductions for houses larger than 3,000 square feet.  Rep. John Dingell, Chairman of the House Energy and Commerce Committee, has proposed and made this […]

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Realtors Bob and Nancy Hunt liked what they heard at a recent Orange County Association of Realtors meeting. Local economist Gary Watts gave a talk where the main message was — keep news about housing in perspective. source:  Realty Times,
by Blanche Evans
The popular press has called an end to housing for some time, says […]

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 While home prices are steady or slightly lowering in some areas, rents are on the rise. Many prospective home buyers are opting to hold off on a home purchase in the hopes prices will be lower and more affordable in the future. In the meantime, many of these hold-off folks need to rent their residence, […]

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There is a growing number of senior homeowners applying for a reverse mortgage – a special type of mortgage for persons over age 62 that uses their home equity to generate an added income. The number of reverse mortgage borrowers will soon grow dramatically, that is if the proposed American Homeownership Act of 2007 is […]

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The fiscal benefits from new home construction generate solid revenue streams for state and local municipalities, according to a study by the California Homebuilding Foundation (formerly the California Building Industry Foundation).
"The Housing Bottom Line: Fiscal Impact of New Home Construction on California Governments," challenges frequent claims that new home construction costs state and local governments […]

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