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Home Purchase Contracts Climb for Second Month in California
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO TAKE IT TO THE NEXT LEVEL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Home Purchase Contracts Climb for Second Month in California
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Home Purchase Contracts Climb for Second Month in California

March 27, 2012 (Jeff Alan)

Contract signings for home purchases in California improved for the second consecutive month in February according to the Pending Home Sales Index (PHSI) released by the California Association of Realtors (CAR).

The index increased 24.9 percent to 127.8 in February, up from January’s revised index of 102.3. The index was 14.3 percent higher than in February of 2011 when the index stood at 111.8.

Pending home sales are an indicator of sales activity 30 to 45 days into the future.

Distressed property sales fell to 48.9 percent of all re-sales in California in February, down from 50.1 percent in January. Distressed sales were also lower than in February 2011 when 55.2 percent of all re-sales that month were distressed properties.

Short sales made up 23.0 percent of total re-sales statewide in February, down from 23.8 percent in January but up from 22.9 percent in February of 2011.

Foreclosed properties and real estate-owned (REO) properties made up 25.2 percent of the total sales statewide in February, down from 25.9 percent in January, and down from 31.9 percent in February of 2010.

LeFrancis Arnold, President of CAR, stated, “A lack of inventory in the bank-owned (REO) and short sale market was a contributing factor to the decline in share of distressed sales in February. In fact, REO inventory declined 24 percent in February from the previous year, while short sale inventory dropped 17 percent during the same period.”

Distressed property sales as a percentage of total sales were highest in Tehama County at 84 percent and lowest in San Diego County at 29 percent in February.

Tags: California, pending home sales, distressed properties, short sales, REO, foreclosed properties

Source :
CAR

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
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Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
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Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
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March 27, 2012 (Jeff Alan)

Contract signings for home purchases in California improved for the second consecutive month in February according to the Pending Home Sales Index (PHSI) released by the California Association of Realtors (CAR).

The index increased 24.9 percent to 127.8 in February, up from January’s revised index of 102.3. The index was 14.3 percent higher than in February of 2011 when the index stood at 111.8.

Pending home sales are an indicator of sales activity 30 to 45 days into the future.

Distressed property sales fell to 48.9 percent of all re-sales in California in February, down from 50.1 percent in January. Distressed sales were also lower than in February 2011 when 55.2 percent of all re-sales that month were distressed properties.

Short sales made up 23.0 percent of total re-sales statewide in February, down from 23.8 percent in January but up from 22.9 percent in February of 2011.

Foreclosed properties and real estate-owned (REO) properties made up 25.2 percent of the total sales statewide in February, down from 25.9 percent in January, and down from 31.9 percent in February of 2010.

LeFrancis Arnold, President of CAR, stated, “A lack of inventory in the bank-owned (REO) and short sale market was a contributing factor to the decline in share of distressed sales in February. In fact, REO inventory declined 24 percent in February from the previous year, while short sale inventory dropped 17 percent during the same period.”

Distressed property sales as a percentage of total sales were highest in Tehama County at 84 percent and lowest in San Diego County at 29 percent in February.

Tags: California, pending home sales, distressed properties, short sales, REO, foreclosed properties

Source :
CAR

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

March 27, 2012 (Jeff Alan)

Contract signings for home purchases in California improved for the second consecutive month in February according to the Pending Home Sales Index (PHSI) released by the California Association of Realtors (CAR).

The index increased 24.9 percent to 127.8 in February, up from January’s revised index of 102.3. The index was 14.3 percent higher than in February of 2011 when the index stood at 111.8.

Pending home sales are an indicator of sales activity 30 to 45 days into the future.

Distressed property sales fell to 48.9 percent of all re-sales in California in February, down from 50.1 percent in January. Distressed sales were also lower than in February 2011 when 55.2 percent of all re-sales that month were distressed properties.

Short sales made up 23.0 percent of total re-sales statewide in February, down from 23.8 percent in January but up from 22.9 percent in February of 2011.

Foreclosed properties and real estate-owned (REO) properties made up 25.2 percent of the total sales statewide in February, down from 25.9 percent in January, and down from 31.9 percent in February of 2010.

LeFrancis Arnold, President of CAR, stated, “A lack of inventory in the bank-owned (REO) and short sale market was a contributing factor to the decline in share of distressed sales in February. In fact, REO inventory declined 24 percent in February from the previous year, while short sale inventory dropped 17 percent during the same period.”

Distressed property sales as a percentage of total sales were highest in Tehama County at 84 percent and lowest in San Diego County at 29 percent in February.

Tags: California, pending home sales, distressed properties, short sales, REO, foreclosed properties

Source :
CAR

THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS