homelight

LocalRealEstateTrends

[homelight @homelight]

Wow, rates jumped up 1/2 pt today

[homelight @homelight]

30-YR rates improved today after Fed Funds rate cut to almost ZERO %,

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Rates stabilizing after falling yesterday

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Nice SFRs for $450K

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Lots of homes dropped $200 to $300k since 2005 in Gilroy.

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Bears predicting 2010 housing recovery, bulls as early as Q1 2009 - Source: Inman Bears vs Bulls

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Wachovia in trouble, Yahoo missed revenues targets, more bad news

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Bella Mira Way , 95135, now $988k

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3202 TUSCAN PARK CT is pending after 1 DOM, at $819k it must have gotten multiple bids