Escrow in Brief
Escrow in Brief In California there are four principals involved in any real estate transaction: the buyer, seller, lender and borrower. Our role at Prominent Escrow is to assure all parties that the...
View ArticleForeclosure Picture Brighter
Foreclosure Picture Brighter According to the Year-End 2013 U.S. Foreclosure Market Report™ just released by RealtyTrac® (www.realtytrac.com), the leading online marketplace for foreclosure properties,...
View ArticleMetro Markets Improve
Metro Markets Improve According to the National Association of Home Builders (NAHB) latest Leading Markets Index (LMI), national metropolitan housing markets are continuing a gradual return to...
View ArticleBuilder Confidence Dips
Builder Confidence Dips According to the latest data released by the National Association of Home Builders (NAHB), confidence of home builders relative to the market for newly built, single-family...
View ArticleNAR Housing Data
NAR Housing Data The latest data released by the National Association of Realtors® (NAR) indicates that new housing starts are still lagging behind in terms of what the market needs. NAR data shows...
View ArticleFeds to Taper
Feds to Taper Last month Ben Bernanke, chairman of the Federal Reserve, stated that the Feds would finally begin to taper, or cut back, on their quantitative easing (QE). In short with QE the Fed has...
View ArticleHome Prices UP
The latest data from the National Association of Realtors® (NAR) shows that national median existing-home prices jumped by 11.5 percent for all of 2013 finishing the year at $197,100. This was a...
View ArticleExisting-Home Sales UP
According to the National Association of Realtors®, existing-home sales rose slightly in December with sales for all of 2013 hitting their highest level since 2006. An existing-home sale is considered...
View ArticleNew-Home Sales Down
According to the most recent figures released from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, new-home sales dropped 7.0 percent in December to a seasonally...
View ArticleStep by step Escrow Process
There are many steps of an Escrow. Below are some of the basic steps: Preparing the instructions of the Escrow. The sub steps are: Purchase price and terms Agreement The content and the look of the...
View Article
