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Matics Realty Inc/www.maticsrealty.com
Valley Center
Good place for down time.
Thursday, December 2, 2010
Monday, November 22, 2010
Saturday, November 20, 2010
Thursday, November 11, 2010
Saturday, November 6, 2010
Friday, November 5, 2010
Monday, November 1, 2010
Saturday, October 30, 2010
REALTOR® Magazine-Daily News-Mortgage Rates Inch Up Again
REALTOR® Magazine-Daily News-Mortgage Rates Inch Up Again: "Daily Real Estate News October 29, 2010 Share
Mortgage Rates Inch Up Again
The 30-year fixed mortgage rate rose slightly to 4.23 percent this week compared to 4.21 percent a week ago, Freddie Mac reports.
Interest on 15-year fixed loans also rose, moving to 3.66 percent from 3.64 percent, while the five-year adjustable-rate mortgage fell to 3.41 percent from 3.45 percent and the one-year ARM remained unchanged at 3.30 percent.
Freddie Mac chief economist Frank Nothaft attributed the flat rates to mixed economic data released this week.
Source: Risk Center, Eileen Fitzpatrick (10/29/10)
© Copyright 2010 Information Inc."
Mortgage Rates Inch Up Again
The 30-year fixed mortgage rate rose slightly to 4.23 percent this week compared to 4.21 percent a week ago, Freddie Mac reports.
Interest on 15-year fixed loans also rose, moving to 3.66 percent from 3.64 percent, while the five-year adjustable-rate mortgage fell to 3.41 percent from 3.45 percent and the one-year ARM remained unchanged at 3.30 percent.
Freddie Mac chief economist Frank Nothaft attributed the flat rates to mixed economic data released this week.
Source: Risk Center, Eileen Fitzpatrick (10/29/10)
© Copyright 2010 Information Inc."
REALTOR® Magazine-Daily News-Practitioners Responsible for Full Disclosure
REALTOR® Magazine-Daily News-Practitioners Responsible for Full Disclosure: "Daily Real Estate News October 29, 2010 Share
Practitioners Responsible for Full Disclosure
Real estate practitioners have the same responsibility as sellers to disclose information they have that affects the “value and desirability of the property,” a California appellate court confirmed this week.
In Holmes vs. Summers, the seller and the listing associate failed to tell potential buyers about three mortgages against the property totaling $1.141 million. The sellers accepted a buyer’s offer of $749,000, but the deal fell apart because the sellers couldn’t deliver clear title.
The would-be buyers sued the real estate firm and the court found that the real estate practitioner had a greater duty to disclose facts affecting the desirability and marketability of the property than he did to protect the privacy of the seller.
Analysts say this decision will make it incumbent on practitioners with short-sale listings to provide specific information about circumstances surrounding the sales, including approvals required for the sales to close.
Source: RISMedia (10/29/2010)"
Practitioners Responsible for Full Disclosure
Real estate practitioners have the same responsibility as sellers to disclose information they have that affects the “value and desirability of the property,” a California appellate court confirmed this week.
In Holmes vs. Summers, the seller and the listing associate failed to tell potential buyers about three mortgages against the property totaling $1.141 million. The sellers accepted a buyer’s offer of $749,000, but the deal fell apart because the sellers couldn’t deliver clear title.
The would-be buyers sued the real estate firm and the court found that the real estate practitioner had a greater duty to disclose facts affecting the desirability and marketability of the property than he did to protect the privacy of the seller.
Analysts say this decision will make it incumbent on practitioners with short-sale listings to provide specific information about circumstances surrounding the sales, including approvals required for the sales to close.
Source: RISMedia (10/29/2010)"
Wednesday, August 25, 2010
REALTOR® Magazine-Daily News-Survey: A Quarter of Renters Want to Remain So
REALTOR® Magazine-Daily News-Survey: A Quarter of Renters Want to Remain So: "Daily Real Estate News August 25, 2010 Share
Survey: A Quarter of Renters Want to Remain So
More than 25 percent of today's renters do not intend to ever become home owners, based on the results of a survey conducted on behalf of San Francisco-based Trulia.
Of those who do plan to buy, the real estate information search engine found, two-thirds expect to wait more than two years to do so — a trend that could choke recovery of the nation's housing market.
'Renters converting into buyers are crucial to turning around the housing slump,' says Trulia CEO Pete Flint. Asked by Trulia to identify factors that could persuade them to purchase a home in the next year, poll respondents cited the ability to save for a down payment, finding a new job, and the availability of favorable borrowing costs.
The research was carried out by Harris Interactive, which queried 2,055 U.S. adults, including 1,345 home owners.
Source: South Florida Business Journal (08/18/10)
© Copyright 2010 Information Inc."
Survey: A Quarter of Renters Want to Remain So
More than 25 percent of today's renters do not intend to ever become home owners, based on the results of a survey conducted on behalf of San Francisco-based Trulia.
Of those who do plan to buy, the real estate information search engine found, two-thirds expect to wait more than two years to do so — a trend that could choke recovery of the nation's housing market.
'Renters converting into buyers are crucial to turning around the housing slump,' says Trulia CEO Pete Flint. Asked by Trulia to identify factors that could persuade them to purchase a home in the next year, poll respondents cited the ability to save for a down payment, finding a new job, and the availability of favorable borrowing costs.
The research was carried out by Harris Interactive, which queried 2,055 U.S. adults, including 1,345 home owners.
Source: South Florida Business Journal (08/18/10)
© Copyright 2010 Information Inc."
Friday, July 30, 2010
REALTOR® Magazine-Daily News-Record Lows Continue for Mortgage Rates
REALTOR® Magazine-Daily News-Record Lows Continue for Mortgage Rates: "Daily Real Estate News July 30, 2010 Share
Record Lows Continue for Mortgage Rates
The 30-year fixed mortgage rate fell to a new low of 4.54 percent this week from 4.56 percent last week and an average of 5.25 percent a year ago.
The 15-year fixed loan rate also hit a record low of 4 percent, down from 4.03 percent a week ago and 4.69 percent last year. The five-year adjustable-rate mortgage averaged 3.76 percent, compared to 3.79 percent last week and 4.75 percent a year earlier; and one-year ARMs averaged 3.64 percent, down from 3.7 percent and 4.80 percent, respectively.
Source: The Wall Street Journal, Nathan Becker (07/30/10)
© Copyright 2010 Information Inc."
Record Lows Continue for Mortgage Rates
The 30-year fixed mortgage rate fell to a new low of 4.54 percent this week from 4.56 percent last week and an average of 5.25 percent a year ago.
The 15-year fixed loan rate also hit a record low of 4 percent, down from 4.03 percent a week ago and 4.69 percent last year. The five-year adjustable-rate mortgage averaged 3.76 percent, compared to 3.79 percent last week and 4.75 percent a year earlier; and one-year ARMs averaged 3.64 percent, down from 3.7 percent and 4.80 percent, respectively.
Source: The Wall Street Journal, Nathan Becker (07/30/10)
© Copyright 2010 Information Inc."
Thursday, July 29, 2010
Housing Outlook: Rentals Up, Sales Down - Barrons.com
Housing Outlook: Rentals Up, Sales Down - Barrons.com: "THE ECONOMY, AS ALWAYS, CALLS the tune in the housing market. The subpar recovery we are experiencing, which is likely to be followed by a subpar expansion, is tailor-made to help spawn a generation of renters.
Young people who need the down payment for a home have often been helped by what jokingly has been called the new 'G.I. bill': generous in-laws. That will no doubt continue. But given the economic constraints those in-laws will be facing—imposed by higher taxes and the need to build (or rebuild) retirement savings—their generosity could be severely limited."
Young people who need the down payment for a home have often been helped by what jokingly has been called the new 'G.I. bill': generous in-laws. That will no doubt continue. But given the economic constraints those in-laws will be facing—imposed by higher taxes and the need to build (or rebuild) retirement savings—their generosity could be severely limited."
Thursday, July 22, 2010
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