Professional Affiliations and Memberships California Association of REALTORS
National Association of REALTORS
Poway Real Estate Professional
National GRI Association

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News and Reports That Can Affect You

Every week I read the newspaper, Internet and trade journals looking for stories important to you and your real-estate. When I find information that may affect you, I'll post the story here. Whether you are buying, selling or simply keeping an eye on your biggest investment, check back regularly and I'll make sure you know the latest.

Regards,
Joan Topp


October 15, 2008
Pending Home Sales Up Strongly

Pending home sales activity surged as buyers took advantage of low home prices and affordable interest rates, according to the latest report. The Pending Home Sales Index jumped 7.4 percent to 93.4 from an upwardly revised reading of 87.0 in July, and is 8.8 percent higher than August 2007 when it stood at 85.8.
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More aid for borrowers, but foreclosures up, too

September 10, 2008

California mortgage lenders completed deals with 26,358 struggling borrowers in July, modifying nearly half the loans to prevent foreclosure, the state Department of Corporations reported Tuesday.

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September 10, 2008
The Buzz - North American Title Company

According to a recent Commerce Department report, the US economy shifted into a higher gear in the second quarter of this year. Our gross domestic product (GDP) increased at a 3.3% annual rate. (The GDP measures the value of all goods and services produced within the U.S.) Economists had predicted 1.9% growth in the GDP and were surprised by the additional growth of 2.7%.

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(858) 342-1169

Joan Topp - REALTOR

Realty Experts
12759 Poway Road
Suite #104
Poway, 92064
 

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