Archive for the ‘news’ Category

069. Mortgage Assistance for the Unemployed

Friday, October 22nd, 2010

Hello and welcome to the Reside Daily Bite; I’m your host, David Doucette. Today I want to talk to you about an article that recently came out of CNNMoney.com and it is titled, “Unemployed? Get a Federal Loan to Help Pay Your Mortgage“. An interesting program and what homeowners will be able to do is apply for a no-interest government loan for up to $50,000 to pay your mortgage and cover your arrears. What it will do is it’s going to offer assistance for up to two years and it will be forgiven if the homeowner stays in the house for five years. Let’s take a closer look.
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068. Supply & Demand for Westside Communities of Los Angeles

Wednesday, October 20th, 2010

Welcome to the Reside Daily Bite; I’m your host, David Doucette and today we have our weekly market report and we’re going to look at the 6 communities of Santa Monica, Westchester, Mar Vista and Palms, Venice, Culver City and West Los Angeles.

And the chart we’re going to look out today is called the “Supply and Demand by Month” and we are going to look at the last 12 months of history.

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067. Interest Rates at Its Lowest and May Even Go Lower Still

Tuesday, October 19th, 2010

Hello and welcome to the Reside Daily Bite; I’m your host, David Doucette. And some very exciting news coming out of the interest rate department last week. The San Francisco Chronicle reported that interest rates have dropped, on a 30-year loan, to 4.19% – that’s the lowest rate we have seen in decades.
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065. Refinancing to a 15-year Loan is Taking Trend

Thursday, October 14th, 2010

Hello everybody and welcome to another episode of the Reside Daily Bite; I’m your host, David Doucette and today, I want to talk to you about a trend that was reported in the New York Times recently about Refinancing into Shorter Loans and their saying homeowners  are starting to do that and it is becoming more of a trend. And the Gold Standard has always been a 30-year fixed loan. What we’re seeing with refinancing is people are refinancing into a 15-year loan. So, what that means is less time to pay-off their home; it’s going to be higher monthly payments but a lot more of your monthly payment is actually going to go towards the principal on the loan rather than the interest.

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063. Conforming Loan Limit Extended

Tuesday, October 12th, 2010

Mortgages: Congress holds conforming loan limits at nearly $730,000

Hello everybody and welcome to another episode of the Reside Daily Bite; I’m your host, David Doucette. And today, some interesting news or some good news coming out of Congress; this was reported in the Mercury News in the Silicone Valley at MercuryNews.com and you’ll see a link to that on my website at residerealestate.com. The Reside Daily Bite will have a link to this news article below the video.

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062. How Accurate Are Zillow’s Zestimates?

Monday, October 11th, 2010

Hello everybody and welcome to another episode of The Reside Daily Bite; I’m your host, David Doucette and today, we’re going to talk about Zillow and their Zestimates. Before I jump into that, I just want to let you know, if you like the kind of content that you’re seeing here today, you can head over to www.facebook.com/resideFAN and you can like us over there. I also encourage you to send this link to any of your friends and associates who you think might find this information helpful, especially today’s video. If you have any friends that are thinking of selling their home, this is a very good one to send them because we’re going to be talking about Zillow and their Zestimates.

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061. Goodbye McMansion, hello bungalow

Friday, October 8th, 2010

Welcome everybody to another episode of The Reside Daily Bite; I’m your host, David Doucette and I am throaty; my voice is about 75% and I was out of the office yesterday, so, there was no Bite yesterday. I was home sick and I did have just a little thought of recording a Bite at home but that would have been a disaster so, I didn’t.

Today’s bite is an interesting one. It’s an article that came out last week out of the San Diego Tribune titled, “Downsizing is Booming“. And it’s interesting because the first line says, “Goodbye, McMansion. Hello, bungalow, condo or suburban split-level.” So, what they’re saying is, really, the era of McMansion is over and people are going to be living in smaller homes and being a little more mindful of their space in a living.

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060. Not Qualified for Mortgage Because of Low Credits Scores

Wednesday, October 6th, 2010

Hello everybody and welcome to another episode of The Reside Daily Bite; I’m your host, David Doucette and today, I want to talk to you about an article that came out of the Orange County Register last week, entitled, “1 in 3 Unlikely to Qualify for Mortgage“.

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058. Youth Making A Difference through Koodooz.com

Monday, October 4th, 2010

Hello everybody and welcome to another episode of The Reside Daily Bite. I am here with Lee Fox of Koodooz and we’re getting ready to record a podcast interview. So, this is a little mini trailer of what you’re going to hear on the podcast. And Lee, what are we going to talk about today?

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057. What is Consumer Confidence Index?

Friday, October 1st, 2010

Happy Friday everybody and welcome to another episode of The Reside Daily Bite; I’m your host, David Doucette. Today, I want to talk to you about the Consumer Confidence Index. It’s still going to be a happy Friday after we’re done talking about it.

The Consumer Confidence Index is a number that is used to measure the confidence of how consumers feel about the economy based on their spending and saving habits. It’s a very important number because the Federal Reserve will look at that number when they’re deciding whether to make changes in the interest rate. The stock market pays attention to that number, as well. So, it’s a very important number.

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056. Good Realtors Work, Great Realtors Network

Thursday, September 30th, 2010

Welcome everybody to another episode of The Reside Daily Bite. The title of this show today is called “Good Realtors Work, Great Realtors Network” and the evidence of that today (you didn’t know that, did you?) is I’m here at a Tweetup event that my co-host, Michele, and myself  put together. We did that to basically take Twitter, bring it offline, make more of a relationship here on the Westside community and build some relationships here.

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054. 2010 California Coastal Clean Up Results

Tuesday, September 28th, 2010

After the successful Coastal Clean Up Day last Saturday, I’m presenting to you the results of the cleanup. The total number of volunteers who came out clean the beaches and some of the peculiar items recovered from different coastal clean up sites.
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053. 2010 Coastal Clean Up Day at Santa Monica Beach

Monday, September 27th, 2010

It’s been a huge success – the 26th Annual California Coastal Clean Up Day. Many partook in picking up trash littered around Santa Monica pier and beach last Saturday, Sept. 25, 2010. I interviewed some of the people to ask the kind of trash they found scattered along the pier.

Thank you for all those who came out and contributed in cleaning up California coasts. And a big thank you to HealtheBay.org!
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052. 2010 California Coastal Clean Up

Friday, September 24th, 2010

Become part of one of the most participated volunteer marine activity of the year – the 26th Annual California Coastal Clean Up Day. Taking place on Saturday, September 25, 2010 from 8:30-9am until noon. Heal the Bay, Clean the Beaches.

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051. What Needs to Happen to Get the Market Moving in California

Thursday, September 23rd, 2010

Here are some tidbits on 2010′s market trends; the main two factors to consider to get our housing market moving; and how realtors can benefit from social media strategies.
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