Home Sales Increase...
http://www.latimes.com/business/realestate/la-fi-california-home-sales-20120915,0,4364490.story
Is the inventory of homes going up or down?
http://www.inman.com/news/2012/06/13/top-10-metros-shrinking-inventory
Please click on link below regarding Drop in Foreclosure Activity in California.
http://dqnews.com/
Here is the latest Foreclosure News for California!
http://dqnews.com/Articles/2011/News/California/CA-Foreclosures/RRFor111018.aspx
This is true according to Snopes.com. See Snopes link at bottom of article...
This is scary stuff!! I cannot believe this was truly a ploy by Obama, but rather a Democratic way to increase revenue (Possibly suggested by the banks, although it appears they do not benefit from it... or do they??). Whatever the case, it certainly sounds like ammunition to fire at our politicians...
Remember as you read this...THE BANKS ARE NOT IMPOSING THESE FEES!!!! IT'S THE DEMOCRATS THAT CAME UP WITH THIS!!!!!
Subject: Direct Deposit--HR4646]
HR 4646
Don't you wonder what's next??? ON JANUARY 1, 2012, THE US GOVERNMENT IS REQUIRING EVERYONE TO HAVE DIRECT DEPOSIT FOR SS CHECKS. WONDER WHY? Subject: HR 4646 Be sure to read entire explanation Watch for this AFTER November elections; remember this BEFORE you VOTE, in case you think Obama is looking out for your best interest. A 1% tax on all bank transactions is what HR 4646 calls for. Do you receive a retirement check from Social Security or a pension fund and have it direct deposit?? Well guess what ... It looks as if Obama wants to tax it 1% !!! This bill was put forth by Rep. Chaka Fattah (D-PA). YES, that is 1% tax on all bank transactions - HR 4646, every time it goes in and every time money goes out. Ask your congressperson to vote NO. FORWARD THIS TO EVERYONE YOU KNOW! 1% tax on all bank transactions ~ HR 4646 - ANOTHER NEW OBAMA TAX SLIPPED IN WHILE WE WERE ASLEEP. Checked this on snopes, it's true! Check it out yourself ~ HR 4646. President Obama's finance team is recommending a one percent (1%) transaction fee (TAX). Obama's plan is to sneak it in after the November elections to keep it under the radar. This is a 1% tax on all transactions at any financial institution - banks, credit unions, savings and loans, etc. Any deposit you make, or even a transfer within your own bank from one account to another, will have a 1% tax charged. If your paycheck or your Social Security or whatever is direct deposit, it will get a 1% tax charged for the transaction. If your paycheck is $1000, then you will pay Obama $10 just for the privilege of depositing your paycheck in your bank. Even if you hand carry your paycheck or any check in to your bank for a deposit, 1% tax will be charged. You receive a $5,000 stock dividend from your broker, Obama takes $50 just to allow you to deposit that check in the bank. If you take $1,000 cash to deposit at your bank, 1% tax will be charged. Mind you, this is from the man who promised that, if you make under $250,000 per year, you will not see one penny of new tax. Keep your eyes and ears open, you will be amazed at what you learn about this guy's under-the-table moves to increase the number of ways you are taxed. Oh, and by the way, if you receive a refund from the IRS next year and you have it direct deposited or you walk in to deposit that check, you guessed it. You will pay a 1% charge of that money just for putting it in your bank. Remember, any money, cash, check or whatever, no matter where it came from, you will pay a 1% fee if you put it in the bank. Some will say, oh well, it's just 1%. Are you kidding me? It's a 1% tax increase across the board. Remember, once the tax is there, they can also raise it at will. And if anyone protests, they will just say, "Oh,that's not really a tax, it's a user fee"! Think this is no big deal? Go back and look at the transactions you made from last year's banking statements. Then add the total of all those transactions and deduct 1%. Still think it's no big deal?
If you wanted change,
here it is!!!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
This is true according to SNOPES. This is a copy of their posting.
1. snopes.com: Debt Free America Act •••
Is the U.S. government proposing a 1% tax on debit card usage and/or banking transactions? ...It is true. The bill is HR-4646 introduced by US Rep Peter deFazio D-Oregon and US Senator Tom Harkin D-Iowa. Their plan is to sneak it in after....... ...moved beyond proposing studies and submitted the Debt Free America Act (H.R. 4646), a bill calling for the implementation of a scheme to pay down the... ...[2010] by Rep. Chaka Fattah (D-Pa.). His "Debt Free America Act" (H.R. 4646) would impose a 1 percent "transaction tax" on every financial transaction... Thu, 10 Nov 2011 12:28:04 GMT http://www.snopes.com/politics/taxes/debtfree.asp ;
Hello,
I very proud to share this video of my niece who is one heck-of-a soccer player.
http://www.youtube.com/watch?v=eeqciV7X01M
http://www.youtube.com/watch?v=e4tvqNnreIs
WOW...JUST...WOW
http://kimtag.com/RealEstateWest
Thank you,
Ed Carroll Jr
Home Sale Statistics:
Find what you are looking for!
Click on link to see results!
http://www.inman.com/reports/10-markets-invest/index.html
Interested? Take a moment and view the recent monthly activity of home sales in your area!
http://www.dqnews.com/Charts/Monthly-Charts/LA-Times-Charts/ZIPLAT.aspx
"No one rings a bell when the bottom is called" - author unknown.
Hello everyone,
The link below will help you understand where our real estate market is headed.
http://www.car.org/marketdata/currentresearch/2010mktrecap2011outlook/?view=Print&url
Q: I'm thinking of retiring in about six years. I have a condo that is rented. I want to buy a house, not in the same town where I have the condo. Should I buy a house now or wait until next year? In my opinion, the market is good now to buy, but my concern is that if I wait too long, the home prices and interest rates will go up. A: In general, timing the market is not a good idea. Most people wait too long to get the deal they thought they would if they timed it just right, and it makes much more sense to try to align your real estate buy with your life than with the market, in any event. In this particular case, however, if you're just trying to decide between this year and next, then go ahead and begin the mortgage-qualifying and house-hunting process now, for several reasons. First things first: You can't buy a home without any money. The mortgage loan qualifying process has grown very complex, difficult and drawn out over the past few years, even for people who are truly creditworthy. For that reason, even if you were planning to buy a home next year now is still the time to touch base with a mortgage broker. Have the broker pull your credit, and work out an action plan for addressing any potential financing bumps in the road. Assuming you have a mortgage on your rental property, this may complicate and lengthen the mortgage approval process for your own home -- even though the rental home has a paying tenant in it. Today, mortgage lenders want to see that a rental home's mortgage is more than covered by the rental income and the owner's personal income before they approve a loan on another property. Your obligation to make mortgage payments on your rental property may limit the amount you can borrow to purchase your own home. You may want to take steps like raising the rent on your condo or reducing some of your other debt (if you have any) before you buy your own home. Similarly, many discriminating home buyers find that choosing and closing a deal on a suitable home takes a lot longer these days than it used to. There are many more grungy homes to sort through to evaluate their condition against any discount they may offer. Many of the best deals will attract multiple offers or are short sales or foreclosures which can take months to close escrow on. Your main consideration in timing your home purchase should not be whether you buy now or next year. It's whether the home you buy now will be affordable and sustainable throughout your retirement. Make sure you and your financial and tax planners, if you have them, have realistically projected your retirement expenses, and that your mortgage obligations will be sustainable once you've stopped working. Also, make sure the physical characteristics of the property itself will continue to work for you as you age. Things like stairs and difficult-to-maintain exteriors become much less attractive as time goes on. Home values aren't on a steep upward trajectory almost anywhere, so don't feel pressured by that. Mortgage interest rates, however, are a very different animal. Many market observers have predicted that mortgage rates will begin a somewhat steep, long-term increase this year. If those predictions pan out, it's entirely possible that right now is a time of peak affordability. Regardless of market issues, start seeking out referrals from family members and friends to local real estate and mortgage professionals, so that you can begin what might be the lengthy process of buying your next home. Tara-Nicholle Nelson is an author and is the Consumer Ambassador and Educator for real estate listings search site Trulia.com
Hang in there ---> 10.9 Million Borrowers Are Underwater
http://www.mortgagenewsdaily.com/06082011_corelogic_negative_equity.asp
Here are the Best 10 Markets to Invest In!
http://www.inman.com/reports/10-markets-invest/index.html#continueintro
I appreciate you taking a moment to visit the site below. It certainly gives me encouragement in my chosen career.
http://www.thumbtack.com/ca/los-angeles/real-estate-agents/#sort=popularity&hilite=oWjjrppVjrBKYQ