Thank you to everyone who took the time out of their busy day to visit my open houses!
Average mortgage rates and indexes. Weekly survey of 60 Southland lenders as of Feb. 22. Click here to read more.
How equity is adding up. Many recent buyers have little or no cushion. But most homeowners have large holdings, a survey finds. How big is your home equity cushion? How much more is your home worth compared with the debts you've loaded on it — primarily your first and second mortgages and credit lines? Do you have a 20% equity stake? Less than 10%? On the one hand, a surprisingly large percentage of recent buyers are sitting with minimal — even negative — home equity levels. On the other, most homeowners have substantial net equity holdings — a record $11 trillion, almost double what they had just five years ago. But overall, the state of the nation's home equity holdings is hardly dire. The First American study cites Federal Reserve research, which found that most of America's homeowners have plenty of equity — 57% stakes on average as of the third quarter of 2005. Five years ago, the figure was virtually the same — 58%. Click here to read more.
Remodeling can be a pet's peeve too. As humans know, the noises and smells that come with remodeling can be irritating. For animals that are used to a quiet home environment, the process can be stressful. As workmen come and go, the possibility that a pet may be inadvertently injured, or escape the house, also looms. Click here to read more.
~Tina Jan~
Coldwell Banker Kivett-Teeters
1655 E. Sixth St.
Beaumont, CA 92223
Work: 951-845-5520 Ext. 105
Fax: 951-845-4916
Cell: 909-446-2666
Toll-Free: 1-877-TINAJAN
tina.jan@coldwellbanker.com
www.tinajan.com
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