Written by County of San Diego has always been known for its Luxury Homes, in the year 2004, in San Diego County home sales luxury (homes over $ 1,000,000) hit an incredible 2774 total units, an increase of almost 170% of total sales in 2003! READ MORE »
Posts tagged interest rate
Canadian bonds beat world
Returns in Canada’s bond market exceeded the rest of the world in 2010, gaining the most in five years, and may outperform again this year amid record foreign purchases of the nation’s fixed-income securities. READ MORE »
America in worse shape than Europe: China
The U.S. dollar will be a safe investment for the next six to 12 months because global markets are focused on the eurozone’s troubles, but America’s fiscal health is worse than Europe’s, an advisor to the Chinese central bank said on Wednesday.” READ MORE »
Options for Seller Financed Notes
Sellers and buyers of both residential and commercial property have used seller financing for years, which essentially means that the seller of the property is holding the new loan for the buyer of the property. In the past, this kind of financing was largely used when a buyer needed financing to purchase a property but time was an issue, as seller financed notes don’t have to go through the typical loan approval process that banks provide. However, in more recent years, with the economy going downhill in a fast way, properties in many parts of the country losing value, and many property owners finding their adjustable rate mortgage payments skyrocketing and putting them at risk of foreclosure, a perfect storm was created that resulted in seller financed notes becoming a necessity for many buyers and sellers to reach a deal. READ MORE »
China’s November Home Prices Climb at Slowest Pace in a Year
China’s property prices rose at the slowest pace in a year in November after the government raised the reserve-ratio requirement for banks twice and expanded measures to limit the risk of asset bubbles. READ MORE »