Monthly Archives: April 2010

The Commerce Department revealed this week that new homes built this month have risen 1.6 percent, more than was expected, during the month of March. This is the highest level of housing starts since November 2008 and it can mean great things for the Default Research clients. First, it indicates a growth in the economy, [...]

The era of low interest rates may be coming to an abrupt end, even as the economy seems to be improving. Thirty year home loan rates rose to the highest level in eight months last week. Economists are saying the rise is due to the nation’s increasing debt and the government ending the pressure to [...]

The most recent Case-Shiller Home price Indices reported on March 30th, 2010 showed a one year increase in home prices in Los Angeles metro (3.4%) and San Diego (5.9%). The Case-Shiller index tracks single-family home prices and is calculated quarterly. These are positive indicators for our clients in the Los Angeles and San Diego area. [...]

Being an investor in foreclosures will put you in touch with families, other real estate professionals, and in some cases, home owner associations. In this tight economy, people are cutting corners, and letting HOA payments fall by the wayside is a common practice by families in financial distress. However, the associations have a time-line when [...]