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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 […]

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 […]

Could 2009 Be The Time To Buy?

Thursday, March 26th, 2009

With home prices dropping and mortgage rates at an all time low, could this be the time to move out of that rental and into a home of your own? What would the difference be in the monthly payment, if any if you were to purchase a home now rather than pay rent??? Let’s take […]

Home Affordable Refinance Program Opens New Doors For Distressed Homeowners

Friday, March 20th, 2009

4 to 5 million homeowners in owner-occupied borrowers with conforming Fannie Mae or Freddie Mac loans?? are going to be receiving help from The Obama Administration.????The new program will help to refinance up to 105 percent of the current market value of their properties. That plan is to help homeowners refinance thier homes when they […]

The Biggest Loser — San Diego’s Largest Foreclosure

Wednesday, February 25th, 2009

The Vivienda Estate, built for over $11 Million dollars in 2006, was foreclosed upon. There were no bidders for the 17 bedroom, 9 bath, 16,330 square foot home at the $2.275 asking price. This home is currently the largest San Diego foreclosure. HouseRebate.com anticipates this home to be available for sale in the coming weeks.

President Obama Offers Up $75 Billion Foreclosure Life Line

Friday, February 20th, 2009

President Obama announced Wednesday that he will be making $75 Billion available to help 9 million homeowners who are facing foreclosure.?? Obama declared the need for drastic action in the face of the growing economic crisis and stated that the funding will help to keep the housing crisis from wreaking further havoc on our already […]

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 […]

Could a new Tax Credit make this the time to buy?

Friday, February 13th, 2009

As senators jockey for position and work to coming to an agreement that will best help the American people and the overall economy, the stimulus plan originally pushed forward by Barack Obama is changing. Last week, the Senate voted to include an amendment to the bill which would provide a tax credit for homebuyers. If […]

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