Sales in new-home communities of 10 units or more in California declined 11 percent in September compared with a year ago, according to the monthly California Building Industry Association report.  Sales of single-family homes declined 17 percent, while sales of townhomes and multiple-unit homes decreased 11 percent.  Condominium sales, however, rose 12 percent compared with a year ago.

You search for a listing, and you see SFR/A and SFR/D.  Do you think the listing refers to an Attached/Detached Garage or Structure for a Single Family Residence?

Some homeowners underwater on their houses—who owe more on their mortgages than their homes are worth—wonder what would happen if they were to stop paying their mortgages.

When lenders do not receive payments, the first action by the lender is to report the missed payment to the credit bureaus by the first day of the next month.  Sometimes this can happen in as little as two weeks from the due date, depending on when the payment is due.  Generally, this action will leave a negative mark on a credit report and decrease the homeowner’s credit score by as much as 200 points.

Smart Trac & Smart Fax will be temporarily offline, Tuesday, November 10th from 7-9pm for system maintenance. 

MRMLS is excited to welcome Ventura County Regional Data Share MLS (VCRDS MLS) to CARETS. 

VCRDS MLS currently serves the Conejo Valley, Simi Valley and Ventura Coastal Association of REALTORS®.  Their agreement to join CARETS is a huge milestone for all members of MRMLS.