A boom is coming – only question: How Soon?
Inventory in San Diego is painfully low. Sales are headed up as are prices. How much pressure is on pricing based on lack of supply and increasing demand. Here are some numbers from CAR.: LOS ANGELES (April 24) – California pending home sales … [Read More...]
Nothing for sale in San Diego? Where is all the inventory?
San Diego home prices shot up 5.1% March over February. Does that mean we are in the clear? San Diego is one of only 3 of the top markets showing strong signs of recovery. The inventory of homes in San Diego County is approaching record lows. That … [Read More...]
Mortgage Debt Foregiveness – Time is Running Out!
Homeowners who have had mortgage debt forgiven after a foreclosure, modification, or short sale may be able to exclude the canceled debt from their taxable income if they meet specific criteria. Check out your various options at … [Read More...]
Warren Buffet Says: The Time is Right Now!
All of the recent studies and trends tell us that 2012 will see a nice move upward in the real estate market. Unemployment is decreasing, consumer optimism is increasing and the overall economy is improving. However, perhaps the best indicator comes … [Read More...]
Questions about “Dual Agency” abound. Make sure you understand it!
There is a comment in an article on Inman news which was picked up from a blog by Redfin personnel. This comment is incorrect and misleading to those who don't know any better: "A surprising number of U.S. listings – about 1 in 4 — are … [Read More...]
Mortgage Tax Debt Foregivenss Relief Act Expiring
The MTDFRA ( Mortgage Tax Debt Foregiveness Relief Act) and many state counterparts will expire at the end of 2012. That means that if the transaction closes after that date the homeowner will need to pay taxes on the amount forgiven. This is HUGE! … [Read More...]
New Homes for Sale San Elijo Hills in San Marcos – just outside San Diego
I was showing new construction to a buyer recently and ran across an incredible community at San Elijo. Convenient to the 15, the 5 and the 78, this community appears to be an awesome lifestyle for all. Retired? Newly weds? Single professional? … [Read More...]
Selling your property via short sale? If you qualify, it is so easy to do.
Are you having a hardship? That mortgage payment difficult? Headed for foreclosure? No. Foreclosure is not an answer. Short sales are now part of a banks NORMAL procedures. The mortgage companies now have (finally) standard processes for … [Read More...]
Short Sales – Bad words? Not if you are in San Diego
Short sale properties in San Diego. Reason to stay away? Are you kidding. Short sales are golden. You can get short sales in San Diego for about 80% of market value. The process is now refined. Short sales can be an incredible investment with very … [Read More...]
San Diego New Home Construction. Suburbs Only.
I was looking for new construction with a client over the last few weeks. What we found were new homes in Oceanside, new homes in Carlsbad, new homes in San Marcos, new homes in Vista and a whole bunch of new homes in Chula Vista. What we didn't … [Read More...]
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