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Archive for February, 2009
Another Grace Period: Fannie & Freddie Extend Moratorium On Evictions Yet Again
February 3rd, 2009 categories: Foreclosures / Short Sales, Loans / Financing
Fannie Mae and Freddie Mac recently extended their temporary moratoria on evictions through the month of February.
Originally, evictions were halted from Thanksgiving through early January. Then, just before that deadline approached, the two mortgage market giants announced that they were extending the moratorium until the end of January.
Their latest actions, announced last Friday, will allow both renters and owner-occupants to stay in their homes without the fear of eviction through at least the end of this month. Read the rest of this entry »
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Trend or No Trend? Solano Home Inventory Drops Again — That’s Three Weeks In A Row
February 2nd, 2009 categories: Benicia, Fairfield-Gr Valley, Foreclosures / Short Sales, Loans / Financing, Local Stuff, Market Update, Solano, Suisun City, Vacaville, Vallejo
Solano Housing Market Weekly Update
For the third week in row, the number of active listings fell throughout Solano, with all cities except Benicia again seeing a marked decrease from the previous week.
Suisun City led the way with a 9.5% drop, followed by Vacaville (-6.3%), Fairfield-Green Valley (-6.3%), Vacaville (-6%), Vallejo (-4.6%) and Benicia (-1%).
The raw numbers for this past week:
- Benicia -1
- Vallejo -40
- Fairfield-Green Valley -41
- Suisun City -19
- Vacaville -25
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