I’m sure you’ve heard of SOPA and PIPA by now–the anti-piracy legislation potentially being passed by the federal government. If passed, this would affect a plethora of websites across the Internet; effecting many industries, including real estate. The purported purpose of both SOPA and PIPA is to prevent online piracy. However, “The legislation, say critics, …
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Despite record low mortgage rates, 2011 has seen a surprisingly high level of cash home purchases, according to the real estate research firm Hanley Wood Market Intelligence. Jonathan Dienhart and Ken Lee, two analysts with the company, say between tight lending standards and a desperate search for yield by investors, cash purchases of homes – …
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Jay Kunkle from Guaranteed Rate, a mortgage lending company, has a great mortgage blog at www.KunkleReport.com. This week, he posted an article which discussed the current mortgage market. Over this past weekend, mortgage rates improved. FHA mortgage rates are at the lowest level within the past six months. Read more: “What’s Ahead for Mortgage Rates …
There’s some fun pictures of the beach, from the 1910′s in Jeff Delaney’s book Newport Beach: The back of this postcard reads, “Don’t you wish you were here? I’m sitting on the sand drying my hair, as I have just been doing what you see these people doing.” In 1936, the narrow peninsula and beach, …