san diego california real estate: San Diego Homeowner Mortgage Help - 11/04/08 09:24 AM
  Actually, this news may help homeowners in trouble throughout the U.S..The Hope For Homeowners (H4H) initiative that was part of the July stimulus package began to be implemented Oct. 1.The H4H program allows troubled homeowners to keep their home, while enabling lenders to receive a Federal Housing Administration (FHA) guarantee on the loans. *To view the full post, please visit the San Diego California real estate blog
 
Bob
San Diego real estate agent
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san diego california real estate: San Diego Home Mortgage Lenders … - 11/02/08 05:05 PM
It's a shame, but in today's San Diego real estate environment, home lenders have taken on the personification of evil. It seems we are always hearing about San Diego banks or home mortgage lenders who do not want to work with homeowners in trouble.
Though this may have held some validity a year or two ago, it is just the opposite today. Effective July 1, 2008, a new California law mandates that the lenders try to contact and work with homeowners prior to filing a notice of default. *To read the full post, please visit the San Diego real estate blog
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san diego california real estate: Is San Diego's Real Estate Market at the Bottom? - 08/11/08 05:06 AM
San Diego real estate market bottom ... This is nowhere near over yet. Of course everyone is still trying to call the bottom. The bottom cannot be reached until the financial players fess up on their balance sheets. Until that happens, if ever, we will continue to muddle along with American style socialism. Here's the easy way to tell if the real estate market is correctly priced. *To read the full post, please visit the San Diego real estate blog. Also, we just added a San Diego income property page to our website. Please be sure to check it out at, … (0 comments)

san diego california real estate: San Diego High Tech - 07/14/08 08:16 AM
The Scarborough Research study measured the concentration of technology users with a wide range of high-tech habits, and found San Diego to be #4 on the list for most tech-savvy cities. As reported in early May 2008, about ten percent of San Diegans made the cut, ranking above the national average of six percent. *To view the full post, please visit the San Diego real estate blog
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san diego california real estate: San Diego California --- WATER WISE - 07/14/08 08:12 AM
Sprinklers, hoses, pools – there are many ways to use water outdoors in the summertime. There are also countless and easy ways to conserve it. Following are a few tips for developing good H2O habits: Water your lawn only when necessary. Walk across the lawn; if you leave footprints it is time to water (usually once every three days). To minimize evaporation, water your lawn during the early morning hours, when temperatures are cooler and winds are lighter. *To view the full post, please visit the San Diego real estate blog
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san diego california real estate: San Diego California May Home Prices Take A Huge Drop - 06/16/08 12:48 PM
San Diego median home prices took a huge drop of 22.8% in May according to a report released today by DataQuick of La Jolla CA. Also, home sales in San Diego were off by 12% vs. May 2007. Keep in mind, last year was also a very slow real estate year. To view the full post and additional details, please visit the San Diego California real estate blog
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san diego california real estate: San Diego California real estate market named 9th. worst in U.S. - 04/25/08 08:37 AM
Most San Diego homeowners think they have it really bad when it comes to the current real estate market. It seems the majority of the real estate sales today here in San Diego are bank foreclosures.
It's not much comfort, but there are eight other cities that have a more challenging real estate market.
Here are the 10 markets where Forbes magazine says the sales opportunities are the most challenging:
*To read the full post, please visit the San Diego California real estate blog 
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san diego california real estate: San Diego California Home Values Fall 16.7% - 03/26/08 08:12 AM
Yesterday, the S&P/Case-Shiller home-price index dropped 10.7 percent from January 2007, after a 9 percent year-on-year decrease through December 2007. This gauge has fallen for 13 consecutive months! The index was created by Robert Shiller, chief economist at MacroMarkets LLC and a professor at Yale University, and Karl Case, an economics professor at Wellesley College.
Home prices in Las Vegas and Miami fell the most of any region, at 19.3 percent year-over-year. Phoenix, San Diego and Los Angeles also suffered double-digit drops. The San Diego one year drop was 16.7% according to Case-Shiller. 
This may be the time to consider purchasing San … (0 comments)

san diego california real estate: The Steady Rise in San Diego Unemployment - 02/25/08 04:36 PM
San Diego’s unemployment rate continues to be lower than California and the United States as a whole.  The bad news is that it’s been on the rise since March.  According to the San Diego Workforce Partnership, in March, San Diego’s unemployment was at 4%, the lowest all year, compared to 5.1% in California and 4.5% in the United States. *View the full post at: San Diego real estate agent blog … (0 comments)

san diego california real estate: San Diego Home Values Take Biggest Fall on Record! - 01/15/08 07:47 AM
DataQuick Information Systems reported San Diego County's median home price last month plunged 13 percent from year ago levels and that last month's median home price was $430,000, compared to around $495,000 during the same time the year before. The San Diego County November median home price was 17 percent below the November 2005 top of $517,500. *To view the full post, please visit: San Diego real estate agent blog.
The url is: http://www.brokerforyou.com/brokerforyou
 
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san diego california real estate: S & P Shows Lagest Home Price Drop Ever Recorded - 01/02/08 02:59 AM
Just released, Standard & Poor's/Case-Shiller Home Price Index declined in October at a record rate from year-ago levels. It showed an annual decline of 6.7% in it's 10-city composite. The previous largest decline on record was 6.3%, recorded in April 1991.
Robert J. Shiller, Chief Economist, said: "No matter how you look at these data, it is obvious that the current state of the single-family housing market remains grim. Not only did the 10-city composite post a record low in its annual growth rate, but 11 of the 20 metro areas did the same."
*To view the full story, please visit the … (0 comments)

san diego california real estate: Listing Prices Fall in 18 out of 20 Major markets - 01/02/08 02:53 AM
The listing prices on properties in 18 of 20 major markets across the U.S. fell during the month of November. San Diego experienced the steepest decline with listing prices falling 5.8 percent as the recent wildfires exacted a toll on demand. This information was presented in the newly-launched Real-Time National Housing Market Report*, published by Altos Research, the premier source for real-time, real-estate market research and Real IQ™, a market analysis consultancy. The Real-Time National Housing Market Report is based on an analysis of data from over one million properties currently listed for sale in 20 metropolitan markets across the country … (0 comments)

san diego california real estate: San Diego County High End Home Appreciation - 12/19/07 02:03 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 quite well. This is especially true when compared to the huge value drops experienced in the San Diego condominium market as well as the sizable double digit losses in value seen in the median San Diego single family homes.  See our prior post on condominium values at:
San Diego California … (0 comments)

san diego california real estate: Fed Cuts Rates - Stock Market Tumbles - 12/11/07 06:28 AM
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 over 200 points on the Dow Index.\
Some of our prior posts on interest rates were: Fed Cuts .25% From Interest Rates To Help Housing Market, Housing Market Remains A “significant drag” On The Economy - Ben Bernanke, San Diego real estate - The effect of “qualifying” on prices in higher … (0 comments)

san diego california real estate: San Diego home sales for October worst on record. - 11/14/07 03:47 PM

 
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san diego california real estate: San Diego Real Estate … the Worst is Yet to Come - 10/18/07 04:07 PM
Thinking of selling your San Diego home? Should you sell now or wait? Who really knows? The only thing I can assure my clients of, is I will get them the best possible price, buying or selling for the current market time. Where market is going, is pure speculation
With that said, the slow summer San Diego real estate market (usually this season has the highest real estate activity) may indicate that the situation will be even worse down the road, as lenders who are now enduring a surge in mortgage delinquencies among subprime and other less-creditworthy borrowers try to unload … (2 comments)

san diego california real estate: San Diego Condo Values Plunge - 10/17/07 08:26 PM
For San Diego, the market top was around the summer of 2005. Since than, many neighborhood real estate values have been on a continuing decline. A very important point to keep in mind, is that most published sales data (including chart data below) do not reflect the very prevalent buyer concessions both the new and resale San Diego sellers are having to pay.  * To read the full post, please visit the San Diego real estate blog. The exact page link is:http://www.brokerforyou.com/brokerforyou/?m=200708 To subscribe to the San Diego real estate blog for free, our RSS feed is:http://www.brokerforyou.com/brokerforyou/?feed=rss2 
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