Median Home Price – San Diego, CA

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Median Condo Price – San Diego, CA

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Short Sale Home Buying Strategy

short-sale

Pictured: Kensington Short Sale Search Short Sales in San Diego Short Sale Strategy... Undoubtedly, if you have been shopping for a home in the last year, you understand that short sales have a significant presence in today's market. A short sale is a property sale where the seller requests … [Read more...]

Obama’s Homeowner Affordability and Stability Plan released

obama

The Obama Administration has released the Homeowner Affordability and Stability Plan, which the Administration hopes will help as many as 9 million homeowners in danger of foreclosure. There are three main components to the plan. The first is aimed at assisting homeowners that still have equity in … [Read more...]

California Home Sales Surge; Driven by Foreclosures

California home sales

California home sales are up 51% in December from last year as home prices have been driven lower by¬† steady foreclosure activity (MDA DataQuick). 19,926 homes (single family detached and condominiums) sold last month in Los Angeles, San Diego , Riverside, San Bernadino and Orange County - … [Read more...]

Bad Banks good for you?

In the ongoing effort to free up liquidity in the financial markets, the Fed has pledged taxpayer money to fund (I will call them suicide) banks that will by and hold the toxic assets that are currently plaguing banks . These bad banks will buy and hold with the notion that maybe, just maybe, after … [Read more...]

San Diego Relocation

Despite the global economic woes, a few segments of the local housing market remain strong. Opportunity seeking corporate transfers, second home buying baby-boomers, military transfers and geographic relocations continue to make modest but meaningful dents in the surplus of housing … [Read more...]