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April San Diego Home News

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Real Estate Agent with Prudential California Realty

April San Diego Home News

Happy April! Hopefully you didn't receive an April Fool's Day joke.  Here's the history for this crazy day!  The "Museum of Hoaxes" lists their Top 100 historical practical jokes.  

New California Home Buyer Tax Credit So the big news this week is that California is offering a tax credit for buying a home.  The credit is up to $10,000 and benefits first time buyers of resale homes or all buyers of new homes. This is in addition to the federal tax credit which expires soon. Full details are included in my most recent blog.  If you're interested in resale OR new homes let me know and I'll see what's available for you.  

Big Changes for FHA Buyers using FHA financing have big challenges trying to get a home, but now HUD has made it worse by increasing the fees for getting FHA funding.  Currently the up front "funding" fee for mortgage insurance is 1.75% of the loan amount.  On April 5 that will jump to 2.25%. This is in addition to the difficulty of finding an FHA-approved condo complex, which is the only way to use FHA to buy a condo/townhome.  

Market News
Local homes sales statistics: The San Diego Association of Realtors (SDAR) publishes sales statistics for homes throughout the County.  Check out the most recent statistics (latest is for February 2010).  

Market trends for detached and attached homes in San Diego.    

San Diego Home Market Report - Read the current San Diego home market analysis.  

Beyond the Headlines.  The California Association of Realtors (CAR) compiles news headlines throughout the country on market issues.  

Property Tax Reassessment-May 14th deadline Apply to have your San Diego County property reassessed and lower your taxes. The tax assessor is reviewing applications for reassessment.  Fill out the application and indicate your opinion of your home's value as of January 1, 2010, along with area sales to support the value (supporting sales must be from between 10/01/09 and 3/31/10) .  If you need supporting sales information please contact me and I'll email them to you. You can apply for the reassessment yourself.

Go Padres April also means the start of the San Diego Padres season.  Check out the Padres' schedule.  

April San Diego Events See what's happening in San Diego County in April!    

If you need any information or have any questions or feedback please email me (Deb@PropertyByDeb.com) or call (858-829-1989).

April San Diego Home News is by Deborah Engel, Prudential California Realty, is a recognized San Diego and Carmel Valley Realtor for top client satisfaction. If you'd like to learn more about Deborah, visit her website, www.PropertyByDeb.com, email her, Deb@PropertyByDeb.com, or call her at 858-829-1989.

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