Blog Archive

You are viewing the monthly archives for: June 2010

The skinny on the housing crisis

From 2000 – 2006, according to The Skinny on the Housing Crisis by attorney and business writer Jim Randel: “Home prices across the United States increased by 15 percent per year and 3 million new households became new homeowners. During that same period, mortgage debt rose from $6 trillion in 2000 to $13 trillion in…

Ask these seven questions before buying your Fresno condo

I have written about Fresno condo real estate investing before and that’s because Fresno real estate buyers are seeking them out. I have had more Fresno real estate buyers ask about Fresno condos in the past 12 months than ever before. Part of the allure to Fresno condo living is the lock-and-leave lifestyle that a…

Seven tips for cutting energy costs and staying cool this summer

Summertime in Fresno means high temperatures and equally high energy bills. Here are seven tips for cutting your Fresno real estate energy costs this summer and still remain comfortably cool. Close doors leading to uncooled parts of your home. If you have central air conditioning, close off vents to unused rooms. Keep filters clean. Seal…

Previous Fresno homeowners could owe ‘tens of thousands of dollars’ to their lenders

Since the 1930s, California law has protected California homeowners from thousands of dollars in liability if the homeowner should default on their original mortgage loan. However, if you have lost your home to foreclosure in California you could be in danger of a large lawsuit from your previous lender for the deficiency amount because of…

Low mortgage rates may not last

A few days ago I wrote about how missing the tax-credit deadline could save you money in part because of the low interest rates we’re seeing right now in mortgage loans. True, Fresno mortgage interest rates are near record lows and rates haven fallen since the tax-credit deadline expired. But, don’t delay in locking in…

Laundry rooms become increasingly popular

ecently, while I was hosting a Clovis open house near Peach and Herndon, a couple was touring the property when they commented on how important it was to find a Clovis home with a large functioning laundry room. They were dead-set that the next home they invested in had to have an entire room dedicated…