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Archive for June, 2009
This Just in From the Federal Reserve
This just in from the Federal Reserve, compliments of Chet Gohd, owner of RPM Mortgage in Berkeley. Here is what Chet has to say: The Federal Reserve concluded their meeting today with leaving interest rates unchanged and offering a few remarks about their view of the current status of our economy. Recent economic reports have [...]
California Running Out of California New Home Tax Credit
A boon for new homebuyers, scheduled to last through next March, will be out of money long before that. NEW YORK (CNNMoney.com) — Time is running out for California residents wanting to take advantage of a $10,000 tax credit. The state set aside $100 million to help home buyers purchasing newly built homes, hoping to [...]
May is in… Housing Update
In the East Bay, Alameda County’s median value was $289,197 – up 3.3 percent over March, but down 39.0 percent since April 2008. The Contra Costa County median home sale value in April 2009 was $225,500 – up 2.3 percent over March, but 43.0 since April 2008. Due to foreclosure-related short sales, in April Contra [...]
Just In…California Foreclosure Moratorium News
Effective today banks in California cannot foreclose a mortgage without either renegotiating the loan or giving the homeowner three months notice. This is a good thing because it will encourage lenders to either cut rates or rewrite loans to affordable levels, which may allow many Californian’s to keep their homes. Lenders will have to demonstrate [...]
Historic Maybeck Back On
This beautiful and historic home located on Derby in Berkeley is once again available for purchase. After going temporarily going off of the market this extraordinary home has slipped back on the market. I remember seeing this home a couple of years back (or perhaps it was only last year that I saw it?) and [...]
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A minute in the life of Berkeley Real Estate Agent and Business Coach, Krista Miller. Hold on tight and check back often! The real estate market in the East Bay is movin’ and shakin’ and will surely keep you on your toes…
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