Published: Nov. 20, 2009 By Steve Cook Real Estate Economy Watch Investors buying homes to rent or sell accounted for only 15 percent of the housing market last month as they competed with large numbers of first-time homebuyers flooding the market to buy in time to qualify for the first-time homebuyer credit. The percentage of… Read More

I’m frequently asked to explain the difference between a Fresno short sale and a Fresno foreclosure property. Fresno buyers in today’s market who are cash heavy and have a flexible time frame may be in the best position to purchase one of these Fresno short sale properties. Short Sales: A short sale is when a… Read More

Cheaper to foreclose than offer loan modifications? A new report from the National Consumer Law Center says Mortgage servicers have found it cheaper to foreclose on homeowners than offer loan modifications.  The report points out that servicers in charge of modifying distressed loans are separate from the lenders, who have packaged the loans and sold them… Read More

This is surprising to me. When I was in Vegas a couple years back her show was sold out every night! Maybe its just a business decision at this point… Source: vibe.com Toni Braxton has certainly seen better days. The singer was just slapped with a foreclosure notice on her Century City, California home. Braxton… Read More