Archive for March, 2009

Quake shake wake up call in Silicon Valley

We’ve gone offbeat!Quick! Click my head! The northern California quake followed a swarm of southern California quakes, including a magnitude 4.0 shaker days earlier near Bombay Beach, CA. The fault movements prompted earthquake preparation pundits to sound the alarm. by [...]

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Fix foreclosures first to fix the economy?

Should homeowners have the same right that investors and second homers already have, the right to get their mortgage modified if they file for bankruptcy? The Center for

Golden State homebuyers hit tax credit mother lode

California offers first-time homebuyers a $10,000 tax credit on top of a similar, but more liberal federal first-time homebuyer tax credit of $8,000. It's like the mother lode

Irony: IRS hand-holding helps homeowners pay fewer taxes

We've gone offbeat!Quick! Click my head!OMG! The Internal Revenue Service is reaching out to tell you how to pay fewer taxes through a new home buyer tax credit

obamahousing

U.S. Treasury: Mortgage rates ‘as low as 2 percent’

Some of the 3 to 4 million homeowners eligible for loan modifications could see interest rates as low as 2 percent under the Obama administration's new "Making Home

Q&A with Kim DiBenedetto, 2009 President MCAR

Kim DiBenedetto President MCAR With so much uncertainty in the housing market, it's a good time to seek insight from real estate leaders who have their fingers on the pulse

Roof replacing signals over your head?

Don't just rely upon the calendar to tell you when it's time for a new roof. See what the neighbors are doing, what the market has wrought and

Silicon Valley swamped with REOs

Remember when banks lobbied heavily for the right to sell real estate? They now understand the phrase "be careful what you wish for." When President Obama recently signed legislation

Quincy Virgilio, 2009 SCCAOR President Q&A

With so much uncertainty in the housing market, it's a good time to seek insight from real estate leaders who have their fingers on the pulse of this

Capital Gains: Taxpayer Relief Act of 1997

When the 105th Congress passed H.R. 2014, the federal Taxpayer Relief Act of 1997, home owners breathed a sigh of relief, but three years later the sighs more

Monterey County, CA housing market outlook tentatively rosy

Foreclosures, bank-owned homes, short sales and other distressed properties account for the bulk of home sales in large swaths of Monterey County, CA. That's depressing prices and charging

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