Here is a quick update for Home Buyer's in today's real estate market:

*  FHA/VA loan rates are at 4.675% / 4.875%.  This is down from 5% (ish) only a few months prior.

Loan Limit Update!

High Balance Conforming (loan amounts between $417,000 and $697,500) 

"High Balance Confirming" product changes on the horizon... The temporary high balance loan limits are set to expire on September 30, 2011.  All indications are that Congress will not extend the temporary higher loan limits, but rather allow legislation to expire which will revert loan limits to the lower permanent high balance levels.

The total impact to product channels is not yet known as the Government segments have not announced what reductions they will implement.  If they expire,…

15 Views, 0 Comments

Read Full Post

The Lund Team,Inc secured one of the top 5 sales in Aviara for 2011.  1320 Corvidae Street in the Mar Fiore development, was sold off open-house.  Garrett Lund, who welcomed the buyer and his agent through, was told that they were looking exclusively for luxury single level homes...but decided to come in our of curiosity.  

Maybe it was the wine nitch...or the open space...

Either way, the buyer was smitten. After negotiating terms, Garrett shook the hands with the agent and escrow closed in 11 days. Final sales price was $1,000,000.

The other top 5 sales in Aviara for the year include:

4) Cassins St - Mar Fiore - $1,039,500 - March 25th 2011

3) Melodia Terrace - Isla Mar - $1,075,000 - March 3rd, 2011

2) Pelican st - Bella Lago - $1,300,000 -…

2120 Views, 0 Comments

Read Full Post

In 2010, I embarked on an overhaul of our LundTeam.com website.  It was much over-due.  The last LundTeam.com was the third website our team created.  And it was top of its class in 2001,  By today's standards it was mediocre at best.   Our new site will allow us to showcase our property more effectively and in Web 2.0 style.  

This blog section will be updated in the months to come.  We will decide whether to keep our www.LundREO.com wordpress blog.  

Either way, we hope you utilize our site and look forward to working with you in the near future.

Tyson Lund & The Lund Team

1934 Views, 0 Comments

Read Full Post