san diego foreclosures: 125% Increase in San Diego Foreclosures - 08/14/08 05:48 AM
According to a report today from RealtyTrac, an Irvine, Calif., company that tracks foreclosures, apprx. 2,200 homes in San Diego county were seized by banks, while an additional 3,000 homes received notices of default, the first step in the foreclosure process. To read the full post, please visit the San Diego real estate blog

san diego foreclosures: 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 

san diego foreclosures: 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 foreclosures: 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 foreclosures: 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, 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 foreclosures: 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)

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