San Diego Home Values Take Huge Drop - 12/19/07 10:09 AM
According to DataQuick Information Systems of La Jolla California, the median price of a home in the county for November fell 10% vs. November 2006. This marks the largest one-year drop recorded by DataQuick since it began keeping local records in 1988. * To read the full post please visit the San … (2 comments)
San Diego County High End Home Appreciation - 12/19/07 10:03 AM
San Diego California resale single family home appreciation In the table below, www.brokerforyou.com looked at selected high value ($750,000 & up) home areas in San Diego that had 15 or more closed resales in 2007. It seems that the San Diego upper value single family home resale market is doing … (0 comments)
Freddie Mac ... Home Values Decline … Largest in 25 Years - 12/19/07 09:59 AM
Freddie Mac announced recently that its Conventional Mortgage Home Price Index (CMHPI) Classic Series registered a 1.3 percent drop in U.S. home values during the third quarter of 2007 on an annualized basis, down from a revised second quarter 2007 annualized rate of 0.5 percent and the largest decline in 25 … (0 comments)
San Diego home values over a one year period - 12/17/07 09:36 AM
In the table below, www.brokerforyou.com only looked at selected San Diego areas that had 15 or more closed resales in 2007. October 2007 - *Percent Change is for the median price from the same month last year.
Fed Cuts Rates - Stock Market Tumbles - 12/11/07 02:28 PM
The Fed’s quarter-point cut in the federal funds rate to 4.25 percent was announced shortly after 2:15 p.m. ET and was the third straight rate cut from the Fed. The cut disappointed investors who had hoped for a more aggressive rate reduction of a half-percentage point. So, The market is currently down … (0 comments)
Mortgage Five-Year ARM Freeze Announced - 12/06/07 10:56 PM
President Bush announced a plan today that will help homeowners struggling with adjustable-rate mortgages hold onto their homes. Interest rates on 1.5 million mortgages are expected to "reset" upward over the next year. "We have got to do something drastic, and we have to do something quickly," said Rep. Elton Gallegly … (0 comments)
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According to DataQuick Information Systems of La Jolla California, the median price of a home in the county for November fell 10% vs. November 2006. This marks the largest one-year drop recorded by DataQuick since it began keeping local records in 1988.
