Real estate blog entries tagged with san diego by Brian Richard (Richard Realty Groups)

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Home : Blogs : Brian Richard : Brian's Blog : Tag "san diego"

san diego: New World of Lending: 2009 Economic Forecast - 02/17/09 02:35 PM

The current financial market is in a state of flux and is becoming more and more constrained. Lending is tightening up and it is becoming more and more tough for people to purchase a home. President Obama is signing into law today, February 17, 2009 the $787 Billion Stimulus Plan that the government will hope to turn this economy around. The white house has opened a website, http://www.recovery.gov, that will allow the people to track where the money will be sent.
This is a look into the current changes in the lending practices and where the lending standards are heading...
For … (5 comments)

san diego: 2008 Year in Review: The Economy, Government and Financial Markets: October - December. - 02/02/09 07:57 PM

Continuing from my last post of 2008 Year in Review: The Economy, Government and Financial Markets: January - September, this will show how the government really increased its efforts going through October in thru the New Year. I will be continuing this blog with the current economic update in San Diego and surrounding areas and an excerpt of Gary Watts' economic forecast. Please let me know your thoughts and feel free to discuss...
2008 Year in Review: The Economy, Government and Financial Markets: October - December.
Oct. 03: Wells Fargo announces an agreement with Wachovia with no assistance from FDIC. Congress … (1 comments)

san diego: Last Week Economic News: 1/25/2009 - 1/31/2009 - 02/02/09 02:42 AM

On Monday, January 26, the National Association of Realtors said existing home sales rose 6.5% in December to a seasonally adjusted annual rate of 4.74 million units. Economists had expected an annualized rate of 4.4 million units and suggested that bargain prices are bringing buyers back into the market.The median existing home price in December 2008 was down 15.3% to $175,400 from December 2007. It was the biggest year-over-year drop since recordkeeping began in 1968.The Conference Board said its leading indicators of future economic activity rose 0.3%, a better reading than the 0.3% drop economists had expected. The index indicates the … (0 comments)

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Brian Richard

Carlsbad, CA

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