A new wave of foreclosures is expected to wash through Desert
Monday Morning Real Estate Update 04/06/2008
Good Monday Morning,
What an extremely exciting month we recently passed! Rates are at an all-time low! Home buying and Refinances are happening!
Housing inventory is on a 2 year low, because banks and private investors have stopped foreclosing on properties in the last couple of months.
buyers are scrambling for properties and are creating bidding wars, resulting that properties are selling over asking price.
A new wave of foreclosures is expected to wash through Desert fast-growing suburbs, a second housing bubble that is about to pop, it was reported today. Read more…..
Daily Email List of Homes For Sale As They Hit The Market www.FindMyDesertHome.com Do you know what your home is worth in today's market? It helps when you have recent market data at your finger tips! http://www.DesertCMA.com.
New Loans are totally available. Banks want to lend and there’s no better time! Home values are accurate, income is verified, and with a small down payment you are in business There has been no better time for banks to lend for homes.
For more info or questions please feel free to send me a e-mail me or visit : DesertRealEstatePrices.com
Mortgage Rates
Today
+/-
Last Week
30 yr fixed mtg
5.08%
4.93%
15 yr fixed mtg
4.71%
4.67%
30 yr fixed jumbo mtg
6.47%
6.43%
5/1 ARM
4.78%
4.79%
Have An Awesome Week!
Rob Zwemmer
