Todd & Lisa Sheppard
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Lisa
Sheppard
Mobile:
707-483-9990
Email:
Lisa@TEAMSHEP.com
BRE # 01154225
Todd
Sheppard

Mobile:
707-235-6870
Email:
Todd@TEAMSHEP.com
BRE # 01314350

Archive for March 2016

Fannie, Freddie to Cut Mortgage Balances for Thousands of Homeowners

March 31st, 2016   by lisasheppard
ap

Thousands of homeowners will be eligible to have their mortgage balances cut under a plan approved by the federal regulator of mortgage-finance companies Fannie Mae and Freddie Mac, marking the first time that Fannie and Freddie will reduce mortgage balances on a large scale for struggling homeowners since the housing crisis erupted.

To read more, Click Here.

Sonoma County Housing Market Off to a Slow Start This Year

March 18th, 2016   by lisasheppard

Sonoma County’s housing market is off to another slow start this year.

Buyers have purchased 504 homes, which represents a 6% increase from last year but is still the second-slowest start since 2008. Inventory continues to be an issue, with the number of new listings for January and February the lowest number in at least 7 years.

To read more, Click Here.

Home Flipping Rose in 75% of Markets in 2015

March 9th, 2016   by lisasheppard

for sale

Flipping homes is making a big comeback.  According to a new report from RealtyTrac, the number of homes flipped in 2015 was the highest in nearly 10 years, with flips making up 5.5% of all single-family home and condo sales, up from a 5.3% share in 2014.

To read more, Click Here.

Rising Rent Inches Closer to Becoming Top Reason to Buy a Home

March 3rd, 2016   by lisasheppard

house

One in four buyers are now citing rising rental prices as the top reason for buying a home, up from one in eight buyers last August.   Just one more reason why purchasing a home makes good financial sense.

To read more, Click Here.