July Rates continue at low levels as concerns have grown that the economic recovery could falter in the second half of the year. The economy continues a slow recovery evidenced by the unfavorable jobs report, auto sales and manufacturing activity decreases, drop in home sales due to the end of the Federal Tax Credit and stocks down 10% for the second quarter, all causing low consumer confidence.
Now for the good news...rates are at the lowest level in over 50 years!
Conforming 30 Year Fixed (under $417,000) are at 4.375%, High Balance ($417,000 to $729,750) are at 4.5% and Jumbo at 6%. Conforming 15 Year Fixed are especially low at 3.75%, 4.0% and 5.75%, respectively
These are July properties that are available now.....
they should go fast.
All Short Sales
10463 Nichols St. Bellflower 3Br+ 1 1/2 Ba 1552 SF $419,000
2780 Gale Long Beach 2br 1ba 796sf $189,000
30542 Bayhill Dr. Temecula 4br 3ba 2133sf $229,000
14132 Lemoli Dr. Hawthorne 3b4 2ba 1623sf $209,000
4239 Vista Del Rio Oceanside $179,000
10463 Nichols St. Bellflower 3br 1.5 ba 1552Sf
1210 Chestnut Long Beach 8 Units 5772 Sf $639,000
2619 E. Jackson Carson 2br 1ba 1582Sf $269,000
6208 Emerald Cove Long Beach 2br 2ba 1370 Sf $229,000
560 Yale St Ontario 3br 2ba 1250 Sf $195,000
751 Hillsboro Way San Marcos 3br 2ba 2872 Sf $369,000
Call Mike Colonna 714-747-5670 or
E-Mail BestBeachBuys@aol.com
Click StarForeclosures.com
Bank Owned Homes in all Areas!
Call Mike Colonna 714-747-5670
Click my e-mail BestBeachBuys@aol.com
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Call Today 714-747-5670
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The Galaxy Tower, 2999 Ocean Blvd. Long Beach California #1610
One Of A Kind Residence 16th Floor, Priced at $790,000
