Monty Maxwell with Guild Mortgage provides some expert advice in this week’s Guild Mortgage Rate Insider. Check out the scope this week… How Rates Move: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in...
For the first time since 2005, the four-county Sacramento region saw the highest number of home sales this summer. With 17,500 homes sold in 2005, this summer was the closest in comparison with 12,000 new and existing homes sold. Just in August, the Sacramento County...
Saturday, August 26, 2017 marked the 11th Annual New Faze Youth Baseball Camp. We were thrilled to see so many enthusiastic, young athletes come out to learn the fundamentals of the game and have a great time! We enjoyed a day of baseball, lunch and...
According to The Sacramento Bee, the low supply of homes has caused home prices to rise and has also provoked bidding wars among homebuyers. Even as mortgage rates climb, buyers are looking to close deals before the rates further increase. Click the image to read...
Homebuyers are finding that the inventory of homes in the price range they are looking for is becoming very limited. Due to the lack of inventory, home prices continue to rise....
Looking around the office at New Faze Development headquarters in Sacramento, CA you may notice a group of people working with energy, enthusiasm and professionalism. Look a little closer and you may notice the variation of nationalities and backgrounds each person brings to the eclectic...
Allen Warren’s New Faze development company had to get “really skinny” during the recession, laying off all but two employees, filing for bankruptcy protection on some projects and selling off residential lots. But Warren, now in his second term as city councilman for Sacramento’s District 2,...
After a very successful sales program at Renaissance Park in Sacramento, New Faze Development has announced the launch of new home sales at Renaissance at Dry Creek in Sacramento. Featuring a collection of popular New Faze homes and coupled with new and exciting plans, this...
More experts are predicting a strong year ahead for US housing. They see existing home sales of 6 to 6.5 million in 2017 and 160,000 new homes being built per year up to 2024. The market is looking good. Interest in rental income investment and apartments is...
The homeownership rate in Sacramento County varies greatly each quarter, though the general trend has been downward over the past decade. The relatively good news for this area is that Sacramento’s average homeownership rate is consistently well above the state average, which is at 61% as of...