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Rfilippo

  1. FHA revisions could ease strict condo rules,making it easier for more HOA's to get approval for certification.
  2. bit.ly/JjOXwh
  3. 52% of Homes Sold Last Month Were Distressed Properties.
  4. bit.ly/rSB2mb
  5. California takes # 9 in states with the Most Millionaires 2011.
  6. Last night Governor Jerry Brown signed the Toxin-Free Infants and Toddlers Act into law!
  7. Starting Oct. 1, Conforming loan limit will decline to $625,500, from $729,750 limit.
  8. August's Existing Home Sales came in UP 7.7%, to an annual rate just the other side of 5 million units, the best reading since March.
  9. Freddie Mac reported national average mortgage rates set new record lows last week.
  10. http://bit.ly/ms5zmH
  11. FHA & Fannie Mae have launched loan options for energy conservation. FHA's PowerSaver program & Fannie Mae's energy improvement mortgage.
  12. HOME SALES IMPROVE IN MARCH, NAR announced that existing home sales were up 3.7% last month, about 1% higher than expected on Wall Street.
  13. The United States Postal Service will enact a rate increase for both first class and standard (bulk) mail effective April 17th, 2011.
  14. Good News, Pending home sales unexpectedly rise in Feb. Orange County sales Up 18% from Feb 2010. Reuters New jobs created in March 216,000
  15. http://bit.ly/fxmYOO Don't forget the time change on Sunday!
  16. CAR debuted pending home sales index. Pending home and foreclosure sales rise in January.
  17. California home sales rose in January, marking three consecutive monthly increases and posting their highest level since May 2010.
  18. FHA is set to annouce they are relaxing underwriting criteria for Self Employed/1099 borrowers. See more at http://hud.gov
  19. NAR releases new 2011 remodeling cost vs value report. Check out your upgrades at http://www.costvsvalue.com.
  20. Existing home sales improved 10.0% in September- the biggest one-month leap since NAR began keeing track of monthly sales volume.