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Monthly Archives: March 2008
Some Perspective
Realtytrac, a company that compiles data on home foreclosures, showed in recent data that foreclosures are not a national crisis, but more of a regional problem. There are pockets, places such as Stockton, CA and Las Vegas, NV where the … Continue reading
Posted in Buyers, Economy, Financial news, Sellers
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Yep, he did it again!
Mr. Bernanke is a very busy man nowadays. Working weekends to make the J.P. Morgan Chase & Co/Bear Stearns Cos deal happen and a 1/4 point rate cut this Sunday is unprecedented. And then yesterday an other rate cut for … Continue reading
Posted in Buyers, Economy, Interest rates, Mortgage
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Are we in a recession?
In USA Today published an article “How’s the economy in your hometown?” With charts by, by way of Moody’s Economy.com. Although not mentioned, Sonoma County is in a recession. Recession and foreclosure go hand in hand… On a positive not: … Continue reading
Posted in Sonoma County info
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Barrel Tasting !
Yes, last weekend was the first weekend for this years Russian River Wine Road barrel tasting. Coming weekend will be the second. But last weekend was great and there were some great wines to taste. Make sure you pick up … Continue reading
Refinement in 1031 exchange
Good news for all you folksĀ who own investment property for appreciation purposes in a ‘vacation’ area (Lake Tahoe, Hawaii). Exchanging this property will be a whole lot easier. Per March 10, 2008 the IRS officially allows limited personal use … Continue reading
Posted in Buyers, Financial news, RE Investing, Visit WineCountry
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Your biggest nightmare when buying a home
Anybodies worst nightmare: you have worked on keeping your credit just perfect and by the time you find yourself ready to finally buy your first home (or for that matter refinancing your home) and you have to deal with Identity … Continue reading
Posted in Buyers, Financial news, ID Theft, Sellers, Sonoma County info
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