Have you heard about Fannie Mae's Homepath Financing program? Homes that are Fannie Mae Homepath approved offer some great advantages for buyers.  The FNMA Homepath loans offer:

3% Down Payment

90% 1-2 Unit Investment

No Appraisal

No Mortgage Insurance

For 1-4 unit properties

Loan to Value > 80% & 660 FICO score

2% sellers credit

Contact us to learn more, or search for properties here.

Only 10 to 15 percent of the energy your washing machine uses is for actually washing your clothes. The majority of the energy goes toward heating the water. Throw cold water on your clothes and you save on your utility bill.

Source: California Association of Realtors www.car.org

Last year, San Diego County's numbers pretty much reflect the number of home sales up about 10%, but the prices down about 15%. Foreclosures and short sales made up about half of the sales last year.

Nationwide, home sales in 25 metro areas increased 1.5 percent nationwide in November compared with the previous month, and 46.7 percent compared with November 2008, according to a report by Radar Logic Inc.  Prices decreased 4.2 percent across all metro areas surveyed; however, eight areas experienced year-over-year price increases.  Half of the areas with year-over-year price increases were in California, according to the report.  Radar Logic’s Residential Property Index (RPX), which measures changes in the price per square foot of homes, shows that transactions increased in 9 of the 11 months ending in November.

"Affordability measures are at their highest levels in years and home sales are moving toward normal levels. Nationwide, foreclosure sales have declined from 29 percent of total sales in November 2008 to 23 percent of sales in November 2009," said Michael Feder, president and CEO of Radar Logic.