Friday, August 06, 2010

The biggest news for this week is two-fold. First, the Federal government has extended authorization to the states to utilize federal housing foreclosure avoidance money to further the individual states' efforts in the effort. In essence, both the feds and many of he states have been undertaking a variety of programs to help troubled homeowners avoid foreclosure. This extension of approved funding use should help homeowners avoid the loss of their homes.

Second, the general market continues its slow growth in sales and values. As has been mentioned here before, the increases are not by any means explosive or shooting straight up as was the case in the early and mid-200's. However, the fact that they show improvement is an encouraging factor to keep in mind.

If any of you out there have any questions, or need a valuation for your home, please feel free to call us and we'd be happy to assist. Call: (415) 380-2133 or (415) 531-4091.
See you all next week.


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