One in four borrowers is underwater

A recent article in the Wall Street Journal reports that despite recent indicators that the housing market is improving, a new report shows that one in four mortgage borrowers are underwater, meaning they owe more on their mortgage than their home currently is worth. According to First American CoreLogic, nearly 10.7 million households had [...]

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Crocker Highlands Boy Scout Pack 295 Helps Alameda Food Bank

The Crocker Highlands Boy Scout Pack 295 helped to canvess the Crocker Highlands Neighborhood for food donations for the Alameda Food Bank to help provided those in need with food over the holiday season. Thanks to the help and hard work of the Troop 295 boys and their parents , the troop was able to [...]

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Mortgage Rates Remain Below 5%

The Sacromento Bee Reports rates on 30-year mortgages stayed below 5 percent this week but remained above the record set earlier this year, Freddie Mac said Thursday. The average rate for a 30-year fixed mortgage fell to 4.83 percent, down from 4.91 percent last week, the mortgage company said. Last year at this time, 30-year [...]

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California running out of $10,000 tax credits

First-time home buyers wanting to take advantage of the state’s $10,000 tax credit may have less time than originally expected. California set aside $100 million to help home buyers purchase newly built homes, hoping to jump start the residential-construction market. According to state officials, the tactic has worked well and is helping to entice home [...]

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I read this article from Reuters and it provides information regarding the housing market that I have been seeing as well….the number of home sales is on the rise. In some parts of Oakland sales are up over 600% from last year. With lower home prices and financing rates low, many are know able to [...]

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Local Lender & Realtor Show Homebuyers How To Buy The Best Home At The Lowest Cost—All New Online Home Buyer Class

To help ensure that your home purchase is profitable and problem free, a local area lender and realtor are sponsoring a home buyer’s class to teach you the secrets of successfuly home buying.
The class is presented in an information packed, 2 hour format, and will be held online. Whether you presently own a home, or [...]

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Property Tax Reassement Scam In Oakland and Other California Cities

If you are a homeowner in California you may have recently recieved a letter in the mail indicating that you can save money on your property taxes.
The letter claims if you send a fee to a company based in Southern California, they can have your property taxes re-assessed at a lower rate. See the attached [...]

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West Oakland Rennovation Victorian Duplex for Rent

 
1031 & 1033 Filbert Street Oakland, CA 94607
http://www.FilbertStreetRental.com

Price: $
Property Status: For Rent
Date of Listing: 1/7/2009
Bedrooms: Each Unit has 2 bedrooms
Bathrooms: Each unit has 1 bathroom
Lot Size: 4562 sq. ft.
Interior Size:

Stunning remodel of this Victorian Duplex located in West [...]

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Home renovations on sale

Homeowners who have postponed home renovation projects due to cost may want to reconsider. As the economy weakens, prices on many home renovations, including building materials and contractors’ fees, have decreased. According to a study by Harvard’s Joint Center for Housing Studies, consumer spending on home improvements is down by 12 percent, which could be [...]

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Happy New Year

Be always at war with your vices, at peace with your neighbors, and let each new year find you a better man.  ~Benjamin Franklin

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