Buying Real Estate

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San Diego Real Estate Market Finding Balance

Friday, August 15th, 2014

The San Diego housing market continues to come into balance, with price hikes that hit double digits a year ago leveling off this summer. The median price of $445,000 for a home sold in San Diego County in July was about 7 percent higher than the median for July a year ago, but was actually […]

Mortgage Serves as Inflation Hedge for San Diego Homeowners

Thursday, July 31st, 2014

San Diego homeowners often think of their mortgage as a monthly payment and little more. But it has a hidden financial benefit if inflation, which has been dormant for many years, starts to awaken and consumer prices start to climb across the board. The value of real estate tends to move up with the rising […]

San Diego Home Values Hit Seven-year High

Friday, July 18th, 2014

The median price for San Diego home sales and condominiums reached a near seven-year high in June, rising to $450,000, up 8 percent from June a year ago. But the pace is slowing as the number of San Diego foreclosures shrinks and interest rates tick upward, a combination that still bodes well for individual homeowners […]

Many San Diego home and condo owners face property tax hike

Tuesday, June 3rd, 2014

During the real estate slump that bottomed out about five years ago, homeowners experienced a depressing decline in the value of their home. About the only good news was that in many cases, their property taxes went down. But now, especially after property prices went up on average about 17 percent last year for San […]

Find YOUR Ideal Home in YOUR perfect location

Monday, February 28th, 2011

Start your search right from your computer! At HouseRebate.com’s website, www.houserebate.com, you can search for homes within your specified ideal setting for your lifestyle – giving a new meaning to location, location, location. Need to be close to work? A particular elementary school? Day care? Physical Therapist? HouseRebate.com’s new search goes beyond selecting a particular […]

Current Conforming Limits Extended to 9/30/11

Saturday, October 16th, 2010

On September 30th, President Obama signed a resolution that included a provision extending through fiscal year 2011 the current conforming loan limit of $729,750 for high-cost areas, including many in California. The same limits will also be extended to loans insured by the Federal Housing Administration. Without the extension, which was set to expire at […]

CALHFA Offers a NEW 30 Year FHA Mortgage Program Aimed at Low-to-Moderate Income First-Time Homebuyers & Veterans

Thursday, September 16th, 2010

The California Housing Finance Agency (CALHFA) and the Federal Housing Authority (FHA) are teaming up to offer home loans to low-to-moderate income households that feature below-market interest rates, affordable down payments, and other benefits.┬áThis program is specifically for first-time homebuyers or veterans. In order to be considered a first-time homebuyer, borrower must not have owned […]

Home Buyer Tax Credit Deadline Extended to 9/30/10

Tuesday, July 27th, 2010

The home buyer tax credit now has been extended with a closing deadline of September 30, 2010. Both the first-time home buyer credit of up to $8,000 and the “move-up buyer” credit of up to $6,500 have been extended. Who is eligible for this deadline extension? If you are a first-time or “move-up” buyer who […]

First-Time Home Buyer Tax Credit Extended For Armed Service Members

Monday, May 17th, 2010

The expiration date of the $8,000 first-time home buyer may have already passed for most, but there are some potential homebuyers who can still take advantage of this great opportunity. ?? For those who are qualified service members, you have an extra year to cash in on the credit. Your new deadline is April 30, […]

California Home Buyer Tax Credit

Tuesday, May 4th, 2010

Below is a summary of the recently enacted California Home Buyer Tax Credit Amount of Tax Credit:???? 5% of purchase price, not to exceed $10,000 for first-time homebuyers or buyers of properties that have never been occupied. Date of Purchase:?????????????????????? Taxpayer must enter into an enforceable contract by December 31, 2010, and close escrow between […]

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