Author Archives: 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
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
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
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
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
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
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.
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.
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
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.