3141 N Huntington Blvd, 93702

Here’s your chance to buy a great home at foreclosure prices. Cute and well maintained English Tudor on Huntington Boulevard, one of Fresno’s original elite streets, near downtown and freeway on ramps. Formal living room and dining room overlooking the boulevard. Cozy kitchen and indoor laundry for home making convenience. Isolated bedroom and bath set … Read More

Bank of America ‘Secret’ Short Sale Program – “HPO Short Sale”

It looks like the rumors are true! I’ve heard this was coming this year and would be very similar to what Wachovia is doing. It’s called the “HPO Short Sale”, and Fresno really needs this! I’m a short sale specialist in Fresno and have done countless Bank of America short sales. I’ve seen the process has … Read More

U.S. Housing Market Is in Worse Shape than You Think: Altos Research

There have been a lot of articles the past month about the market taking another dip. I’ve been saying this all along… it was just a temporary increase in Fresno home values and would soon drop again. Fresno short sales are on the rise, Fresno foreclosures are coming on the market at a faster pace now. … Read More

Agent Short Sale Tip – A new way to sync, store and share your files online!

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1041 E Monticello Cir, 93720

Here’s your chance to buy a gorgeous corner home in the Virginia Commons at foreclosure prices. This home features crown molding, hardwood floors, colored concrete and wooden plantation shutters downstairs. Your family will truly enjoy the separate living room, dining room and cozy family room on the first level with French doors in the dining … Read More

4909 N 7th St, Unit T, 93726

Here’s your chance to buy a beautifully maintained condo at foreclosure prices situated in the quiet ShawBrook Estates, very close to Fresno State University. This property features two Bedrooms and two bathrooms with plenty of closet space. Lovely back patio is covered and has a small yard. Property a Short Sale, being sold AS-IS, seller … Read More

Agent Short Sale Tip – How to escalate any file

Foreclosure starts hit record high for Fannie, Freddie loans

3d Illustration of the housing market recession

Source: InmanNews
The number of homeowners missing their first payment on their mortgage ticked down slightly from May to June, but the total number of loans in some stage of the foreclosure process remained essentially flat at nearly 2 million, according to statistics collected by Lender Processing Services.
Among all loans, 30-day delinquencies were down 1.4 percent … Read More

Foreclosures Are Down And Short Sales Are Up

The Housing Market Is Not Recovering and Won’t For a While…

This article is right on the mark and I totally agree with its 6 reasons:

Declining Job Market
Shared Households increases inventory.
Foreclosures adding inventory and no relief in sight.
Tight Lending Restrictions…getting tighter.
Falling Home Prices…”Educated” Buyers say “what’s the rush”?
You Have to sell your home…that ain’t easy today!

The articel is below and we would love your feedback:
Four years after … Read More