March 6th, 2011 9:31 PM by Eric Fang
I did not have any purchase loan closed pastweek, though we have one postponed for next week.
I did have a few buyers with offer accepted last week. Those properties are in Sacramentoarea. And the values are heading lower.
I had one refinance loan failed last weekbecause of low value in Folsom. For anotherfolsom loan, we could finish it though thevalue was 100k lower than 4 months again.
For bayarea properties, the value is stable.And 5-10 refinanced loans was closed past week.I had 5 loans closed TThursday. It was likethe old busy days were back. And I was super busyfor the past 30 days, and my monthly newsletterwas delayed because of that.