Merged into Century 21 Hometown Realty

07/26/2020

We have left the Century 21 system after more than 20 years. We are now an independent boutique brokerage with offices in Santa Barbara and Ventura.

07/01/2017

Business Closed

11/01/2012

Anything to speed up the process.

Fannie Mae and Freddie Mac servicers will be able to skip a step when attempting to get a short sale or deed-in-lieu of foreclosure approved. On Wednesday, the GSEs announced standard delegation agreements were reached with nine mortgage insurers to allow

09/26/2012

"Back to the Future" or at least recovered to 2003 home prices.

» Home Prices Rebound to 2003 Levels

06/22/2012

Just how low can they go? Too bad underwriting is so difficult or more borrowers could take advantage of these great rates.

According to Freddie Mac’s Primary Mortgage Market Survey (PMMS), average mortgage rates are easing, even in the face of troubling economic signs. The 30-year FRM averaged 3.66 (0.7 point) for the week ending June 21, down from 3.71 percent the prev

06/19/2012

Stop doing business with crooks. What a concept!

As an additional measure against fraud, the FHFA announced an initiative requiring Fannie Mae, Freddie Mac, and the Federal Home Loan (FHL) Banks to notify the agency when an act of fraud is committed by an individual or company they do business with. Th

06/13/2012

Great time for owners of rental properties. Rents are rising.

With vacancies declining and rental prices rising, the climate in the housing industry is clearly favorable toward rental properties. According to Moody’s Analytics, weak income gains, favorable demographics, and the foreclosure crises are all causi

06/11/2012

How low can they go? Don't wait, buy or refi now.

As the employment situation continues to raise concerns, fixed rates fell even lower, slipping yet again to new record-lows, according to a survey from Freddie Mac released Thursday. Fixed mortgage rates reached new record lows for the sixth consecutive

06/07/2012

Why let the "all cash" investors get all the deals on distressed REOs?

Purchasing foreclosures also means discounts, but with the markdown is the price of repairs. According to RealtyTrac, foreclosures or REOs sold at an average discount of 27 percent compared to non-distressed properties in the first quarter of 2012. Throu

06/04/2012

California to come into line with Federal regulations.

Attorney General Kamala Harris’ Homeowner Bill of Rights continues to work through the California Legislature as two more bills pass, the Office of the Attorney General announced Thursday. AB 2610 and SB 1473 will require buyers of foreclosed homes