Sengdao Vongruksukdi's Blog

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Real Estate Agent - Starlight Realty Certified REO & Short Sale Specialist

ARCHIVED BLOG POSTS

2010 

Existing home sales picked up steam in November, though they are still down nearly 30% from this time last year. Sales of previously-owned homes jumped 5.6% in November to an annual rate of 4.68 million, the National Association of Realtors reported Wednesday. The rate was down 27.9% from 12 mont...
12/22/2010
Believe it or not, taking a day off is a great way to grow your business.  When you own a business it can be easy to fall into the trap of working every single day because there is always work to be done. But all this non-stop work can become a problem over time, one that sneaks up on you unexpec...
12/22/2010
Home prices increased from April to May of this year by 1.3 percent, according to the Standard & Poor's/Case-Shiller 20-city home price index. The credit for this largely goes to the government's home buyer tax credit, which expired at the end of April.The general thought out there seems to be th...
12/22/2010
Newport Beach, CA -Legal aid groups will not be receiving any of the funds earmarked by the government to prevent foreclosures.  The U.S. House Republicans blocked a last-ditch attempt last Friday to have foreclosure-prevention funds channeled to legal aid groups with the argument that financial ...
12/22/2010
Newport Beach, CA -Two top government officials revealed yesterday that the Obama Administration task force assigned to investigate fraudulent mortgage foreclosure practices will present its findings in the New Year in January. Treasury Secretary, Timothy Geithner and the Housing and Urban Develo...
12/22/2010
Newport Beach, CA -America's fourth-largest asset -laden bank, Wells Fargo, yesterday reached an agreement with California's state attorney general to modify $2.4 billion in mortgages for 14,900 homeowners.  In the same deal, the bank will pay $32 million in restitution to borrowers who lost thei...
12/22/2010
Who could forget Tony Hayward's foibles, Gap's new logo or the Microsoft Kin? As we bid adieu to 2010, we remember 19 of the worst business moves of the year. Tony Hayward just wants his life back Did any one person have a dumber year than BP's disgraced CEO Tony Hayward? The lethal April 20 oil ...
12/21/2010
Most people are aware that the FHA is considered in many circles as "the lender of last resort" when purchasing a home. For some time, depending on the time period, one could utilize an FHA loan and purchase a house with zero to 5% down (currently 3.5% is the minimum down payment). What many peop...
12/21/2010
Brent White, the University of Arizona law professor who's made a name for himself by urging more underwater homeowners to consider walking away from their homes, has published a 168-page book to help borrowers who are wrestling with that decision. In a tone that is both conversational and precis...
12/21/2010
A pall has settled over the U.S. housing market. The first-time home buyer's credit has dried up, and home prices are down 29 percent from their 2006 peak. On Dec. 9 the latest release of the Federal Reserve's Flow of Funds data shows the value of homeowner equity in the third quarter of this yea...
12/21/2010
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Sengdao Vongruksukdi

Newport Beach Real Estate
local_phone(949) 650-4746
smartphone(949) 244-1597
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