Homebuyer Tax Credit Plan Agreed to by U.S. Senate Democrats

Below are the Highlights:

1) It would allow homeowners to qualify for a $6,500 credit if they have lived in their residence for five years. In addition they wouldn’t have to be first-time home buyers.

2) The income limits will go up to individuals earning up to $125, Read more

Spring Cleaning Your Finances…

Tips From Women & Co. For Sprucing Up Your Finances

1. Gather your financial records. Pull together your financial statements (e.g., bank, credit card, brokerage), your insurance and legal documents (e.g., life insurance, will, healthcare proxy), and your personal records (e.g., birth certificate, marriage/divorce certificate, property deed). Read more

Obama’s 275 billion dollar housing plan

“When the housing market collapsed, so did the availability of credit on which our economy depends…We will help between seven and nine million families restructure or refinance their mortgages so they can avoid foreclosure,” Obama said.

The housing plan is meant to help homeowner’s who can’t afford to pay thier mortgage, sell thier properrties or refinance their properties because of declining market values. Read more

Dorothy Herman…market change brings new opportunities.

“You can build wealth in any real estate market, good or bad. The only constant is change. When the market changes, it brings new and different opportunities. You just have to be on the lookout for them. There is never a bad time to buy as long as you choose the right strategy.”

Read more

Refi madness

Falling interest rates are leading to a rush to get cheaper mortgages. Should you join in?

NEW YORK (CNNMoney.com) — Falling interest rates are fueling a mortgage refinance frenzy as homeowners rush to reduce their housing payments.

The average rate for a 30-year, fixed mortgage dropped to 5.08% last week, according to the Mortgage Bankers Association, more than a full point lower than just a month ago. Read more

Bay Area median home price sinks to 8-year low; sales up over ‘07 again

Bay Area home sales decelerated in November but beat the year-ago mark for the third consecutive month. The allure of discounted foreclosures continued to drive sales in affordable inland markets, which helped push the median sale price down to its lowest point since former President Bill Clinton was in the White House.

The median price paid for all new and resale houses and condos combined in the nine-county Bay Area fell to $350,000 last month. That was down 6.7 percent from $375,000 in October and down a record 44.4 percent from $629,000 in November 2007, according to MDA DataQuick, a San Diego-based real estate information service. Read more

ForeclosureS.com: Pre-foreclosure Filings Set Record

ForeclosureS.com: Pre-foreclosure Filings Set Record in July
Nationwide News - September 2008

 

Pre-Foreclosures hit record highs in July 2008 both nationally and in 14 states and the District of Columbia according to new figures from ForeclosureS.com (www.foreclosures.com) California-based foreclosure information specialists. Read more

Bankrupty, Bailouts, Foreclosures…Oh My!

The headlines are now reading “Worst Crisis Since ’30s, With No End Yet in Sight” that was Yahoo’s front page news.

In case you haven’t read the news or listened to the television we’re in a bit of a pickle. Lehman Brothers filed for bankruptcy, AIG (Insurance behemoth) had a government bail out and foreclosures are rampant…nationwide. the market is jittery, gas prices are sky high, groceries are ridiculous, energy costs are out the roof and every where you look there’s social discord.
So what’s a girl to do?

Read more

Bernice Ross interview with WBWTR…coming soon!

We are happy to announce that Bernice L. Ross, PhD and CEO, Real Estate Coach has agreed to be interviewed by WBWTR.  We are honored and excited to interview her.

Bernice Ross is a phenomenal author, trainer, and national speaker. She is a Master Certified Coach with over 25 years of real estate sales experience. As CEO to RealEstateCoach.com, Bernice currently heads up the company’s 12 person coaching team while also serving as a coach and a consultant to the top firms in the real estate industry. Read more

Mr. President..

UNFPA, the United Nations Population Fund, provides women’s health care and promotes the rights of women around the world. It is the largest international source of such assistance.

This is important to women everywhere…click on the picture.