Monday, April 30, 2007

Home loan rates drift lower

The National Realty News stated the 30-year fixed-rate mortgage average dropped to 6.16% with an average of .5 point for the week ending April 28, 2007. This is down slightly from last week when the average was 6.17%.

"Weaker existing home sales in March, coupled with lower consumer confidence in April caused the market to pause and reevaluate the potential growth of the economy this year." said Frank Nothaft, Freddie Mac vice president and chief economist. "This allowed all mortgage rates to decline slightly this week."

Good news for you the consumer if you need to refinance. Talk to your lender or call one of us on this list for our suggestions for a competent lender.

Lorraine

Visit me at my web site at VenturaRealEstate24-7.com .

Saturday, April 28, 2007

Tip for Potential Home Sellers

Internet advertising has revolutionized the way the residential real estate is sold. So, it's important that your agent's marketing plan include broad internet exposure. Recent studies show that 80 percent of home buyers use the Internet during the course of their home purchase. Studies also show that buyers reject a listing if it doesn't have photos because they think there must be something wrong with it. Not only do you need photos of your home on the Internet, but they need to be good photos. Home buyers who have limited time screen the inventory of homes for sale online and eliminate listings based on the photos. Make sure that your agent provides good-quality photos of your property.
Avoid the temptation to oversell your property. A buyer who was recently looking for a luxury home complained that the photos of many listings she'd seen were so good that she was often disappointed when she saw the properties in person.


Search the MLS for Ventura County Real Estate at:

Friday, April 27, 2007

Looking for a Fixer?

There's always been plenty of fixers on the market. Recently, we've seen something new happening - Fixers at fixer prices! Check out this recently listed Ondulando home on the hillside in Ventura. It's on a private half acre lot with over 2100 square feet. It has 4 bedrooms, 3 baths, and tons of potential. $749,000

Search the MLS for Ventura County Real Estate at:




Thursday, April 26, 2007

Fast Facts from California Assn. of Realtors

Here are some "Fast Facts" from the California Association of Realtors Newsletter: (Now remember these are for all of California - including the desert areas).

"Calif. median home price - March 07: $580,090 (Source: C.A.R.)

Calif. highest median home price by C.A.R. region March 07:Santa Barbara So. Coast $1,200,000 (Source: C.A.R.)

Calif. lowest median home price by C.A.R. region March 07:High Desert $320,830 (Source: C.A.R.)

Calif. First-time Buyer Affordability Index - Fourth Quarter 06:25 percent (Source: C.A.R.)

Mortgage rates - week ending 4/19:30-yr. fixed: 6.17%; Fees/points: 0.5%
15-yr. fixed: 5.89%; Fees/points: 0.5%1-yr. adjustable: 5.45%; Fees/points: 0.7%
(Source: Freddie Mac)"

The last fact (Mortgage rates) means rates are coming down again! Can you believe it?

Lorraine

Visit my web site at VenturaRealEstste24-7.com

Monday, April 23, 2007

City of Ventura Silent Second Program $80,000

Hi Ventura! I am involved in using the City of Ventura's Silent Second Program for a buyer I am currently helping. I found out that since the City raised the dollar amount of the 2nd to $80,000, only 4 people, other than my buyer, have been able to use this program. I think it's a great program! Want to learn more about it? Send me an email at LorraineBurns@sbcglobal.net .

Lorraine

Visit me on the web at VenturaRealEstate24-7.com

Friday, April 20, 2007

Just Listed!

Brand new on the Market! Check out this 3+2 with a brand new kitchen, beautiful hardwood floors, beamed and vaulted ceilings, brick fireplace, triple pane windows, plantation shutters, new ductless heating and air conditioning............

$410,000

More pictures and information on this listing and more at:

www.HopeGoss.com


Tuesday, April 10, 2007

Search the Ventura County MLS

Did you know you could search the MLS for real estate in Ventura County? Every real estate agent that is a member of the Ventura County Coastal Association of Realtors and MLS receives a link that they can provide to the public to search the MLS. Here is a link to mine:

http://www.hopegoss.com/Ventura__CA_homes_for_sale.shtml

Tuesday, April 03, 2007

Ventura County Property Taxes

Here's a little information about those confusing property taxes we all gotta pay if you own real estate Ventura County.

  • Taxes Due: November 1st & February 1st

  • Taxes Delinquent: December 10th & April 10th

  • Beginning of Fiscal Year: July 1st

  • Tax Bills Mailed: Last week of October

Please don't hesitate to ask if you have more questions!

Search the MLS for Ventura County Real Estate at:

www.HopeGoss.com