So Cal Real Estate News

Breaking News!  Congress has moved up the 2010 buying season!
Congress acted today, Thursday, 11/4/2009, to extend the$8,000 first-time home buyers’ tax credit until 4/30/2010, even expanding the credit to include many move-up buyers!

That should extend the current mini-boom in starter homes through the winter, but will probably result in a slowdown in April or May, maybe sooner!

Unlike the previous deadline, which required homes to close escrow by 12/1, homes now need only be (more…)

Are some economists still practicing "voo doo?"

(11/4/2009, by Dave Emerson)  With prices and interest rates both down, 2009 has been an excellent year for buyers.  In fact, over the past several months multiple competing offers have been (more…)