Category Archives: Real Estate News

Rep. Hinojosa says changing Mortgage Interest Deduction ‘Foolhardy”

Rep. Hinojosa: Talk of Changing MID ‘Foolhardy’ The mortgage interest deduction is helping to keep Americans in their homes at a time when many of them are struggling financially, so it would be foolhardy to tamper with the popular tax … Continue reading

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Wells Fargo to Accept FHA Mortages with Credit Scores Under 600

Wells Fargo announced that effective January 15, 2011, they will accept Federal Housing Administration (FHA) mortgages for borrowers with credit scores as low as 500. For borrowers with credit scores 500-579 a 10 percent downpayment is required and the downpayment … Continue reading

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Don’t Miss this Fun… February 18th thru March 12th

Winterfest February 18 – 21, 2011   Join us as we transform Lake Arrowhead Village into a Winter Wonderland during Winterfest 2011. It will be four magical days of winter events for the whole family. Ice Carving Contest, World Class … Continue reading

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Real Estate is ‘as Affordable as it Gets’

Real Estate Is ‘as Affordable as it Gets’ Now is a good time to buy real estate, according to data from Moody’s Analytics. Home affordability has returned to pre-housing bubble levels or even fallen below the average in many U.S. … Continue reading

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New Home Sales Surge in December

New single-family home sales in December rose to their highest level in eight months and prices were the highest since April 2008, raising cautious optimism for a housing market recovery. The Commerce Department said sales jumped 17.5 percent to a … Continue reading

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Cities Where it’s Cheaper to Buy Than Rent

It’s cheaper to buy a home rather than rent one in 72 percent of the 50 largest U.S. cities, according to Trulia’s rent vs. buy index, which compares the total cost of home ownership to the cost of renting. “Since … Continue reading

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Please take the Vision Survey for San Bernardino County

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