Thursday, September 22nd, 2011, 9:32 am
The Federal Reserve‘s plan to reinvest principal payments on some bonds into mortgage-backed securities is already contributing to the nation’s record low mortgage interest rates, Bankrate said Thursday.
Laurie Farber-Condon
Pending Land September 2011
Back to Market Reports >> Pending Land in Las Campanas September 2011 Address List price Sell price % L/S Pending date DOM/CDOM LotSz 50 Mustang Mesa-Lot 687 $175,000* 9/16/11 122/1356 3.420 … Read more
A Lecture/Dinner At Las Campanas- Florentine Renaissance
Wednesday, October 12th, 6 PM in the Library at the Las Campanas Clubhouse
Price: $39/Person
Santa Fe Las Campanas Bond/Stock Market Update
Monday’s bond market has opened in positive territory due to early stock weakness. The stock markets are in selling mode during morning trading due mostly to concerns about overseas financial issues.
Sold Homes September 2011
Back to Market Reports >> Sold Homes Las Campanas September 2011 Address List price Sell price %L/S Sell date DOM SqFt $/Sqft LotSz 21 Thundercloud- Lot 487 $770,000* $645,000 83.77** 9/13/11 559/1306 2971 $217.10 1.460 28 Paseo Las Terrazas-Lot 8 $699,000* $699,000 100** 9/15/11 209/1272 2481 $281.74 0.467 1 Delantera Ct- Lot 10 $699,000* $699,000 100** … Read more
Sold Homes August 2011
Back to Market Reports >> Sold Homes Las Campanas August 2011 Address List price Sell price %L/S Sell date DOM SqFt $/Sqft LotSz 7 Honeysuckle-Lot 14 $849,000* $800,000 94.23** 8/8/11 165/356 4707 $169.96 1.610 31 Graythorn-Lot 137 $925,000 $875,000 94.59 8/26/11 186 3746 $233.58 1.570 36 Sierra Rosa Loop-Lot 440 $850,000* $800,000 94.12** 8/29/11 354/883 3642 $219.66 … Read more
Pending Homes September 2011
Back to Market Reports >> Pending Homes in Las Campanas September 2011 Address List$ Date DOM SqFt $/SqFt LotSz 26 Plaza del Corazon- Lot 767 $695,000** 9/1/11 335/882 2565 $270.96 0.280 23 Bishops Dome Rd- Lot 653 $750,000** 9/2/11 705 3150 $238.10 2.300 35 Entrada Descanso- Lot 885 $1,050,000** 9/3/11 894 3963 $264.95 … Read more
When Bank of America Walks Away-by Preston Howard
As everyone knows, Fannie Mae is the largest purchaser of mortgages in the marketplace. They literally fund and hold trillions of dollars of both residential and commercial mortgages. Between them and their sister GSE (Government Sponsored Entity) Freddie Mac, 90% of all mortgages end up on their balance sheets, thus creating and facilitating the mortgage market that fuels the industry. Recently, Fannie Mae made a purchase that was out of the norm. It purchased a pool of mortgages for approximately $500MM. While this was a normal size pool, what made this transaction unusual was the purchase of a pool of 400,000 mortgages from Bank of America who was already servicing the loans!
Pending Land August 2011
Back to Market Reports >> Pending Land in Las Campanas August 2011 Address List price Sell price % L/S Pending date DOM/CDOM LotSz 20 Black Mesa-Lot 724 $125,000* 8/16/00 78/1204 2..400 27 Aloe Cr- Lot 21 $325,000 8/20/00 2.560 … Read more
Sold Land September 2011
Back to Market Reports >> Sold Land in Las Campanas September 2011 Address List price Sell price % L/S Sell date DOM/CDOM LotSz 20 Black Mesa-Lot 724 $125,000* $105,000 84.00 9/14/11 106/1310 2.40 … Read more