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Great time for first time buyers to get in! FHA lowing PMI

February 3rd, 2015 by Raymond Beasley,GRI.

Great news! Wednesday the Federal Housing Administration (FHA), the government insurer of home loans, will lower its annual insurance premiums from 1.35 percent to 0.85 percent. This action will make home ownership more affordable for over two million Americans in the next three years,” said Juli├ín Castro, U.S. Department of Housing and Urban Development Secretary. […]

International Investors come to Bakersfield

September 8th, 2014 by Raymond Beasley,GRI.

Bakersfield has always drawn international investors with its low housing costs and relatively high rents for both single family homes and multi unit properties, and now with interest rates and housing prices at an all time low, we have even more investors actively looking to take advantage of this great market. Rental housing is in […]