Author Archives: richardcjoy

San Diego Home Prices Increased 5% in The First Quarter

Posted on April 21, 2014 by richardcjoy

San Diego home prices were flat in the third and fourth quarters of last year and have now continued the upward trend in the first quarter of this year with an increase of 5%. Home prices are expected to continue … Continue reading →

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24% Price Increases in San Diego County Last Year

Posted on February 22, 2014 by richardcjoy

The San Diego County real estate market exploded in the first half of last year and slowed a little in the second half. During the year prices increased 24% as shown in the “Market Trends” tab. Prices are expected to … Continue reading →

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San Diego Key Metrics Are Stable This Month

Posted on November 16, 2013 by richardcjoy

The key metrics in the San Diego County real estate market are essentially unchanged from last month. See the “Market Trends” tab. This time of year, when few people are out shopping for homes, is a great time to buy … Continue reading →

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Good News for Home Buyers

Posted on October 12, 2013 by richardcjoy

There is good news this month for San Diego home buyers as interest rates are falling this month, there are more homes available for sale and prices have slowed the rapid increases observed during the spring and summer of this … Continue reading →

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Warning about Solar Power Lease Agreements!

Posted on October 1, 2013 by richardcjoy

Before you sign a Solar Power Panel/System lease agreement for your home please give us a call. Title companies are considering them as a lien on the property and will not issue the required Title Insurance Policy when you try … Continue reading →

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All Key Real Estate Metrics in San Diego are Increasing

Posted on September 16, 2013 by richardcjoy

San Diego home prices continued increasing in August as well as the inventory of homes available for sale. Mortgage rates are also increasing but at a slower rate than June and July. Take a look at the “Market Trends” on … Continue reading →

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FHA Trims Waiting Period for Borrowers Who Experienced Distressed Sales

Posted on August 21, 2013 by richardcjoy

The Federal Housing Administration (FHA) is allowing borrowers who went through a bankruptcy, foreclosure, deed-in-lieu, or short sale to reenter the market in as little as 12 months, according to a mortgage letter released recently.

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San Diego Home Prices Continue to Increase

Posted on August 19, 2013 by richardcjoy

Even with the average 30-year interest rate climbing to 4.4% the home prices in San Diego are continuing to increase. This price trend is the result of the very low, but slightly increasing, inventory of homes available to purchase.

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Market Trends Updated for June and 2nd Quarter

Posted on July 11, 2013 by richardcjoy

San Diego real estate prices continued increasing in June with some moderate increase in homes available for buyers. Interest rates are still low but increased from an average of 3.54% to 4.07% in June and are continuing to increase in … Continue reading →

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Home Sales Increase Significantly

Posted on June 25, 2013 by richardcjoy

Existing-home sales rose in May to the highest pace since November 2009, when buyers were rushing to make a tax-credit deadline, pointing to a continuing recovery, the National Association of Realtors reported Thursday.

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