Unstable land under a house might be indicated by floors that are not level, doors that stick, water under the house, fences that pull apart, and cracks in the walls. If there is a problem it can sometimes be fixed by installing piers that bolt into the bedrock. A geotechnical engineer or an engineering geologist can determine if the land under a house is stable. (Go To Article: sfgate.com)
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The number of vacant homes for sale increased 7% in the second quarter to from last year to 2.07 million, according to the Census Bureau. (Go To Article: cnn.com)
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Economists who spoke at the National Association of Home Builders forecast conference said housing will be weak at least until 2009. (Go To Article: cnn.com)
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California voters approved spending $5.4 billion on parks and water projects on Proposition 84. A report from the watchdog agency, California Legislative Analyst’s Office, found that California might by overpaying for parklands. (Go To Article: mercurynews.com)
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Existing home sales fell 8% in September from August, according to the National Association of Realtors.
In addition, the medium price of existing homes fell 4.2% in September from last year to $211,700.
(Go To Article: cnn.com)
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Loan officers will tell borrowers with poor credit to try and get a loan from the Federal Housing Administration and advising them to get private mortgage insurance if they can’t put down 20%. (Go To Article: cnn.com)
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Two provisions in Barney Frank’s mortgage reform proposal could make it hard to get approval.
1. Assignee liability means borrowers could have their loan rescinded if it does not meet standards detailed in the bill.
2. Will the federal standards be uniform between states or just the floor that other states could impose more strict regulations on.
(Go To Article: cnn.com)
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Did the down market ruin a good year? Was the drop in volume so precipitous that there’s no way you’ll recover your objectives for the year? Well, you are not alone……
Come join the crowd around the bar. It’s not a pity party, and you are only allowed one Rob Roy. No drowning your troubles in booze. We are here to learn and to prosper!
I just added a bunch if weather information to our SpringsHomes site. I always knew our weather was great but it wasn’t until I put the statistics side by side with ther areas that I realized just how great our climate was.
We don’t get much snow when compared to other areas. We have lots of sunshine, not much humidity and very little rain. Take a look at the real statistics….complete story
Technorati Tags: weather information
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