Real Estate Tips and Information by Karen List

In an unscheduled meeting, the Feds made a suprise rate cut of .75 down to 3.5%, the largest rate cut since 1984 and it may not be the Fed’s last cut!  Analysts don’t anticipate another cut at the January 29th and 30th meetings, but maybe the end of March.  Slashing the rates may hint that the Feds are more [...]

[Read more →]

What would greatly impact our current real estate market in a positive way is to increase the conforming loan limit from $417,000 to $625,000 like the National Association of Realtors has been pushing for.  By increasing the limit, there would be a lower interest rate associated with a much larger number of homes and many [...]

[Read more →]

According to the National Association of Realtors, home sales are expected to hold steady and then rise later in the year and continue to improve in 2009.  On the one hand, there is some pent up demand and on the other, people are trying to wait for the “perfect” time to buy.  As a result, [...]

[Read more →]

I found this information about the real estate market to be very interesting and I wanted to pass it along.
A California trade group is predicting that the state’s housing slump is near bottom and business will rise steadily.
In a forecast released Thursday, the California Building Industry Association said developers will secure permits for 128,400 single-family [...]

[Read more →]