Agave Real Estate

09/06/2012

Completed foreclosures decline in July
CoreLogic’s National Foreclosure Report for July shows there were 58,000 completed foreclosures in the U.S. in July 2012, down from 69,000 in July 2011 and 62,000 in June 2012. Since the financial crisis began in September 2008, there have been approximately 3.8 million completed foreclosures across the country. Completed foreclosures are an indication of the total number of homes actually lost to foreclosure.

09/06/2012

Highlights as of July 2012:
•The five states with the highest number of completed foreclosures for the 12 months ending in July 2012 were: California, 118,000; Florida, 92,000; Michigan, 61,000; Texas, 57,000; and Georgia, 54,000. These five states account for 48.1 percent of all completed foreclosures nationally.
•The five states with the lowest number of completed foreclosures for the 12 months ending in July 2012 were: South Dakota, 32; District of Columbia, 120; Hawaii, 445; North Dakota, 575; and Maine, 608.

08/30/2012

Home prices rose in second quarter
The S&P/Case-Shiller Home Price Indices shows that all three headline composites ended the second quarter of 2012 with positive annual growth rates for the first time since the summer of 2010. The national composite rose 1.2 percent in the second quarter of 2012 compared with the second quarter of 2011 and was up 6.9 percent compared with the first quarter of 2012. The 10- and 20-City Composites posted respective annual returns of 0.1 percent and 0.5 percent in June 2012.

Month-over-month, average home prices in the 10-City Composite were up 2.2 percent and in the 20-City Composite were up 2.3 percent compared with May. For the second consecutive month, all 20 cities and both Composites recorded positive monthly gains. Eighteen of the 20 MSAs and both Composites posted better annual returns in June as compared with May 2012 – only Charlotte and Dallas saw a deceleration in their annual rates.

07/27/2012

New Listing!! $274,900
6917 Rio Tejo Way, Elk Grove, CA 95757
4/3 3073 sq ft. Call for private showing

06/22/2012

Many economists are forecasting that mortgage rates will rise again later this year as the American economy gradually improves and as more global investors turn to the U.S. as a safe haven for money.

06/09/2012

Do you have any clients who needs to refinance but can’t because the value of their property has fallen? Now they can with a HARP 2.0 loan! For more information, please visit website at http://www.makinghomeaffordable.gov/

add the description here

05/03/2012

The Federal Housing Finance Agency, who oversees vital components of our country’s secondary mortgage markets – Fannie Mae, Freddie Mac, and the Federal Home Loan Banks has now implemented timeline requirements to facilitate more effective and efficient short sales transactions. Starting June 15, 2012 real estate professionals and distressed homeowners (with loans backed by Freddie Mac & Fannie Mae) can expect to be approved or rejected on their short sale offer within 30-60 days

03/28/2012

Did you know there is 46 REO listings in the 95757
10 Active short sales and 113 active short sale cont.
So far we have 184 homes sold this year in the 95757.
Did I mention we are having a sale. Rates and home prices are at a all time low. Great time to buy!!

03/28/2012

03/01/2012

8536 SPRING AZURE WAY, ELK GROVE, CA 95624 5 bedroom 3bath
$224900

01/12/2012

Coming Soon!
8536 SPRING AZURE WAY, ELK GROVE, CA 95624
9982 SPRING VIEW WAY, ELK GROVE, CA 95757
8290 BOULDER FIELD DRIVE, SACRAMENTO, CA 95829

01/12/2012

2816 CINNAMON TEAL CIRCLE, ELK GROVE, CA 95757
$187,900