Thursday we got the news that Pending Home Sales for June dipped 1.4%, but the number was still UP 9.5% from a year ago, making 14 months in a row of year-over-year gains. This measure of existing homes under contract could foretell a small glitch in sales a few months out. The FHFA index of prices for homes financed with conforming mortgages gained 0.8% in May and is 3.7% ahead of a year ago. This home price index is up at a 13.3% annual rate the last three months, its fastest three-month pace in twenty years!
Todays featured home is located at 3963 Garden Hwy in Sacramento. This 3 bedroom 4 bathroom with 3,238 of pure beauty on the river is priced at $1,095,000
Crafted in California Contemporary style, this exceptional gated waterfront home along the Sac River sets on 1.3+/-lush acres. Designed by noted architect Dennis Greenbaum, the open & flexible floor plan is perfect for modern living & captures amazing views from every turn. Gorgeous finishes incl maple hardwood flrs., chef's kitchen w/slab cut limestone & pecan cabinets, 1st floor Master St w/large tub & steam shower. 2 deck levels & private covered dock w/boat lift completes this retreat.
Contact Homes For Veterans for a private showing today"
6 Tips to Writing a Press Release That Gets Placed!
Maybe you're announcing a new service, a special event you're hosting, or a great staff member you've added. Wouldn't it be terrific to publicize that announcement with some well-placed positive news stories in the media your target audience uses?
The challenge is getting a story placed. Social media has changed how we interact with the news media; however, the best approach when you want them to run your story is with a traditional press release. This time-honored tool generates interest with journalists and gives them the info they need to go with your story. Here's the structure to make sure you cover all the bases, plus a few ideas to help your release stand out.
INFO THAT HITS US WHERE WE LIVE... Everyone working in the housing market certainly has shown perseverance and it seems to be paying off. While the overall economy slows, there are signs of the start of a housing recovery. Bloomberg reports all major home price indexes registered modest national increases. Almost 10% more existing homes were sold in May than a year earlier. The inventory of existing homes has dropped close to a normal level of six months, key to sustaining spring home price gains. Housing starts were up 26% in May over the prior year and the inventory of new homes is back at 2005 levels.
A new survey of forecasters by the Wall Street Journal found "44 believe the housing market has reached its bottom; only three don't." Housing is still…
Yesterday, Wells Fargo Bank announced it was no longer going to do business with mortgage brokers. While Wells Fargo said the events were not related, their announcement came on the same day that the federal gov’t filed a lawsuit against them for discrimination. Wells Fargo then announced a settlement of this lawsuit followed by the cut from mortgage brokers.
Wells Fargo wrote a check for $175 million on Thursday to settle claims that independent brokers drove a disproportionate number of otherwise creditworthy minority borrowers to higher-priced variable mortgages in the lead-up to the financial crisis.
The payout will tie off a suit filed by federal authorities earlier Thursday that claimed discriminatory practices from 2004 to 2009 had…