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 […]

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 […]

C.A.R. Offers First Time Homeowners Peace of Mind with New Mortgage Protection Program

Wednesday, April 1st, 2009

To help provide first-time home buyers with peace of mind when purchasing a home, the C.A.R. Housing Affordability Fund (C.A.R.H.A.F.) is offering a new mortgage protection program to first-time home buyers.Through the Housing Affordability Fund’s Mortgage Protection Program, first-time home buyers who lose their jobs due to layoffs may be eligible to receive up to […]

Fannie Mae Drops 4-Property Limit for Investors

Wednesday, February 18th, 2009

Investors around the country are cheering as Fannie Mae announced this week that they are lifiting the 4 property limit for investors.?? Fannie Mae’s official announcement reads:?? “Fannie Mae is committed to providing financing opportunities for high-credit quality, bona fide investors. Experienced investors play a key role in the housing recovery.” This is great news […]

Senate Bill Raises The Conforming Loan Limit For FHA Loans

Monday, February 16th, 2009

Last week, the U.S. Senate passed the American Recovery and Reinvestment Act of 2009, with the final tab for the stimulus bill coming in at $787.2 billion. On the housing front, the good news is that the legislation resets the conforming loan limit cap at $729,750, up from $625,500. Numerous counties in California experienced a […]

New Aid Will Turn Renters Into Homeowners

Monday, February 9th, 2009

San Diego Communities that have been hard hit by forecolsures may get some relief when as many as 300 homeowners recieve part of a $17 million federal??aid package designed to clean up some of the hardest hit areas.?? The federal aid is hardly a cure all, but it is a start in the right direction […]

Buying a San Diego Condominium – Buyer Beware!

Monday, January 26th, 2009

Condominiums can be a great place to live as you share the cost of amenities such as pools, exercise room, bbq’s etc. One can experience great amenities at a fraction of the cost of having private pool. Of course, you may have to share that experience with your neighbors. With the Sub-Prime mortgage problem hitting […]

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