Mike Colonna

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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

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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

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Investment Properties
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Sunset Beach California
Mike Colonna 714-747-5670
BestBeachBuys@aol.com
 

 

 


Apartment rents hitting bottom   31 Jul 2010
Laguna's median home selling price up 9%   31 Jul 2010
Is this town really O.C.a s a pot citya ?   30 Jul 2010
Walk Away From Your Underwater Home, And Get An iPad   30 Jul 2010
The New Abnormal   29 Jul 2010
Read more News.

 

 


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