Article by: California Association of Realtors The year 2013 can be categorized by a significant turnaround in the housing market across the nation. While lack of homes available for sale constrained home sales in many markets across California, it contributed to a substantial increase in home prices. Existing single family sales for 2013 are predicted to […]Read More Why should you buy now instead of waiting
Here is the most recent information on the San Diego housing market. For specific information on your neighborhood or a market analysis on your home, please send me an email or call me at 619-325-4192. September :: SAN DIEGO ASSOCIATION OF REALTORS® Attached Homes Total Sales Volume: $251,823,454 = 19.96% lower than August and 16.83% […]Read More Real Estate @ a Glance: October 2012 Edition
By Inman News® Median single-family existing-home prices rose on a yearly basis in just over half of 146 markets tracked by the National Association of REALTORS® in the first quarter, indicating prices are stabilizing, the trade group said today. Nationally, the U.S. median single-family existing-home price dipped 0.4 percent from a year ago in […]Read More Top 20 Metros for Rising Home Prices
Information courtesy of the California Association of REALTORS (CAR) A new study by the Center for Housing Policy, entitled Housing Landscape 2012, found that the share of working households paying more than half their income for housing rose significantly between 2008 and 2010 for both renters and owners. This annual report explored the latest Census […]Read More How Much of Your Income Goes to Housing?
Thanks to Ronald D. Orol of MarketWatch for this info on the recent settlement. The record $26 billion foreclosure-abuse settlement that states and the Obama administration reached last week with five big banks is being billed as a program that will help more than 1 million U.S. homeowners. The funds are being allocated to a number […]Read More Borrower’s Guide to Mortgage Settlement
It is never too early to start preparing for your taxes and here is a reminder of some of the rewards of homeownership! (NOTE: IRS Publication 530 offers a more nuanced view into Tax Information for Homeowners): 1. Mortgage interest deduction. Assuming this home is your personal residence, 100 percent of the mortgage interest you […]Read More Tax Breaks for Homeowners
As rates go lower than a yogi doing the limbo many of my clients are asking me if it could be the perfect time for a refi. Remember, a refi means you are buying the property all over again and there are rarely any “shortcuts”. Here are two important things to consider: 1) What do you […]Read More Is Now the Time to Refinance?