san diego: The True Cost of Renting a House - 08/25/15 09:17 AM
Renting is becoming increasingly more expensive in San DiegoAccording to a report recently released by Zillow, rents in April of 2015 were 4% higher than the year before. It’s the fastest increase we’ve seen in 24 months, overrunning home prices which only rose by 3%.
The affordability of rent is becoming increasingly more expensive. As of right now, it doesn’t look like it’s going to slow down anytime soon. “This is here to stay,” said Svenja Gudell, senior director of economic research at Zillow. “We will continue to see rental increases, and affordability will worsen before it gets better.”
Rent being on the … (1 comments)

san diego: Mortgage Rates Fallen To Their Lowest Level Since June 2013 - 11/18/14 05:28 AM
Anyone who is paying attention to the United States financial market has surely noticed that a new low in mortgage rates has just recently been reached. It has been a full 16 months since rates this low have been reached on the average 30-year fixed-rate mortgage market.
This is largely the result of concerns about the global economy sending large-scale investors into safety mode. As they withdraw from riskier endeavors and seek shelter under the safety of United States Treasury Bonds, rates fall, and American borrowers enjoy an easier time obtaining favorable mortgage rates.
The upshot of this news, naturally, is … (3 comments)

san diego: Why Millennials Are Having Trouble Buying Homes - 09/10/14 08:02 AM
There are many reasons why the millennial generation – young adults in their 20s and early 30s – are either having trouble buying a home or have decided to delay their purchase. Recent troubles in home purchasing have left many millennials feeling discouraged and wondering if they will ever become homeowners. Many experts are also worried about the lack of homes being purchased by millennials, because the housing market is fairly dependent on young first-time homebuyers.
The census bureau has reported that only about 36 percent of Americans below the age of 35 have become homeowners. Despite the fact that this … (96 comments)

Maureen Martin, it's not just a loan, it's an experience!

Maureen Martin

it's not just a loan, it's an experience!

San Diego, CA

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