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Griffin Knights Realty Corp
Serving Orange County, CA
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Subscribe to Our RSS FeedSpacious 4 Bedroom Home Shows Like a Model Home!
August 20th, 2010
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Open House! 26101 Casa Encantador, Moreno Valley, CA
August 20th, 2010
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Open House This Weekend!
1 to 4 PM both Saturday and Sunday!
26101 Casa Encantador in Moreno Valley
August 19th, 2010
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8 high-ranking real estate iPad apps
July 26th, 2010
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The following is a list of real estate-related apps that are optimized for the iPad, with their rankings as reported by TopAppCharts.com.
There is no specific “real estate” category in the Apple App Store, so apps are listed according to their rank in categories like lifestyle, business, news, finance, and productivity. These rankings were sampled on Thursday, July 22, 2010 — TopAppCharts’ rankings can change daily. All listed apps are free.
1. Zillow Real Estate (No. 3 in Lifestyle section): Search for homes for sale and rent on a large-screen map using landscape or portrait mode; filter searches by price, size or housing type; flick through photos of one or more homes alongside the map; compare photos for different listings side by side; save favorite homes and sync them with Zillow.com and Zillow’s iPhone app.
Subsiding tide of California foreclosures?
July 22nd, 2010
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The number of California homes that entered the foreclosure process during the second quarter fell for the fifth straight quarter, to the lowest level since second-quarter 2007, research company MDA DataQuick reported today.
The company reported that 70,051 notices of default were filed at county recorder offices in California during the second quarter, down 13.6 percent from the first quarter and down 43.8 percent compared to second-quarter 2009.
Tax credits hid ongoing real estate slide?
July 12th, 2010
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Last week brought a gale of game-changing news, contradicting recovery — and a whiff of panic. This holiday-short week was news-thin, and mid-July marks the beginning of an often sleepy season for markets and the economy.
Panic is sometimes an excellent investment strategy, but it is a difficult frame of mind to maintain. Thus stocks soared 450 points in three days this week, shorts covering, but bond and mortgage yields held extraordinary lows, underlying worry entrenched.
The 10-year T-note rose to 3.05 percent from 2.95 percent (mostly pricing down in advance of next week’s $69 billion Treasury bond sale), but mortgages stayed put in the mid-4s.
Lock-in Mortgage Rates While You Can
April 13th, 2010
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While there is no need to panic, mortgage rates do not appear to be taking a dive anytime soon. In fact, the trend is looking upward now that the Federal Reserve has pulled itself out of the mortgage-buying market. Since the end of March, mortgage rates have been steadily creeping higher, past the all-important psychological benchmark, 5 percent.
For would-be homeowners, this means a higher mortgage loan rate when purchasing a new house. For homeowners, this means, higher interest rates when refinancing. Couple higher interest rates with the expiration of the government tax credit worth $8,000 to new home owners, as well as higher treasury yields, and conditions are ripe for higher mortgages – and less impetus to purchase
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Real Estate Outlook: Pending Sales Up
April 13th, 2010
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Signs of recovery in the housing market and the national economy keep popping up – and are even beginning to surprise veteran analysts on Wall Street and elsewhere.
Though economists had expected the latest pending home sales index to be down – after all, February saw the worst weather in decades in large parts of the U.S. – the numbers actually took a big bounce.
The National Association of Realtors reported that pending sales jumped 8.2 percent for the month and were 17 percent higher than they were at the same time last year.
Housing Market Stabilization Best in 18 Years
March 20th, 2010
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National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) released record-high levels of housing affordability, the highest level since first being compiled 18 years ago. Oddly, the latest housing news is usually about the nation’s high foreclosure rates, but the combination of the sliding house prices and favorable mortgage rates are apparently creating a more stable housing market.
Some Mortgage Loans Are Still Zero Down
March 20th, 2010
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Consumers may believe that with the recession, the bursting of the real estate housing bubble, and the mortgage crisis, zero down mortgage loans are thing of the past. They are not, but these mortgage loans come from a place you wouldn’t think of: the U.S. Department of Agriculture (USDA).