RECENT BLOG POSTS
To view the floorplan and additional information, please visit: San Carlos Del Cerro SDSU home for sale
01/29/2009
Many local mortgage lenders feel that San Diego & Southern California were the prime locations for the adjustable Option ARM loans. Now, just when many believed the mortgage crisis was winding down, San Diego real estate will be facing another major obsticle. My first post on this problem was San...
01/28/2009
  Bob Schwartz | www.brokerforyou.com| 619-286-5604 8028 Mission Vista Drive, San Diego, CA San Carlos 3Br/2.5Ba w/Mountain & Canyon Views 3BR/2.5BA Townhouse Reduced Value Ranged $399,000 - $419,000 Year Built 1983 Sq Footage 1,538 Bedrooms 3 Bathrooms 2 full, 1 partial Floors 2 Parking Unspeci...
01/13/2009
Will historically low interest rates be the key to turning around or putting a bottom in place for the San Diego housing bust? Mortgage rates are near their lowest levels in nearly 40 years. Plus, the government wants to offer new borrowers a 4.5% mortgage rate as an incentive. But, if you are un...
01/13/2009
With all the focus on residential real estate, very little attention is being paid to the commercial real estate market. In a report by the National Association of Realtors, it said in part: The fundamentalists in commercial real estate are feeling the stress of a slowing economy and troubled cre...
01/09/2009
The National Association of Realtors reported today that their Pending Home Sales Index, based on contracts signed in November, dropped 4.0 percent to 82.3, the lowest level since the series started in 2001. *To view the full post, please visit the San Diego California real estate market blog.
01/06/2009
Fannie Mae recently announced the Streamlined Modification Program (SMP) is now available to Fannie Mae servicers and borrowers as an option to help prevent foreclosures. The SMP enables services to change the terms of a loan to reduce a borrower's monthly mortgage payment, including taxes, insur...
01/05/2009
Who says the laws of supply and demand do not work in today's real estate market? California home sales increased 83.2 percent in November compared with the same period a year ago, according to the latest housing report from the California Association of Realtors. In my opinion, the main factors ...
01/05/2009
According to the US Commerce Department, nationally, sales of new homes slowed to their lowest level in 17 years in November, while new home prices dropped by the biggest amount in eight months. The year-on-year decline in home sales in November - comparing it with November 2007 - was 35.3%.*To v...
01/05/2009
San Diego home values could finally stabilize in 2009. With a huge inventory of available homes and buyers actually having to qualify for a mortgage, there is a better than 50/50 chance the San Diego housing recovery won't occur in 2009 and maybe not in 2010. Most people are totally stressed-out ...
12/31/2008
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