California Real Estate Blog
San Diego Building more Housing than Last Year
San Diego County appears to be on track to build more housing this year, led by increases in apartment construction. For the first nine months of the year, San Diego County has built about 8,519 housing units, up from 6,054 at the same time last year, said the third quarter report from the Real Estate Research Council [...]
Buyer Opportunities Improve as San Diego resale Prices Slow
Existing home prices in September for the San Diego metropolitan area increased 4 percent in a year, the lowest in the West, said the S&P CoreLogic Case-Shiller Indices. Among the 20 areas covered by the index, San Diego’s increase was the fourth lowest and below the national increase of 5.5 percent. The last time San Diego’s annual growth [...]
How to Protect Yourself from Home Title Fraud
As an FBI agent through the 1990s, Art Pfizenmayer investigated title theft. While it was rare then, today it’s a growing problem. In 2008 when title theft was still uncommon, the FBI posted a notice about this house stealing scam, telling homeowners what to watch out for. A few years later in 2012, the California Department of [...]
San Diego votes to Rescind tough Airbnb Regulations
Faced with a referendum seeking to repeal San Diego’s new restrictions on short-term rentals, the City Council rescinded the restrictions but left open the question of how it will regulate home sharing in the future. The council had only two choices before it — repeal the regulations it initially approved in July and reaffirmed in August or put [...]
5 Crucial Questions to Ask a Home Inspector — and When to Ask
What are some questions to ask a home inspector? If you're buying a house, you know that your home inspector will check it out and make sure it's in decent shape. So if you want to get to know your home beyond its pretty facade, you should ask your inspector questions. But when you ask those questions [...]
New record: San Diego home price hits $583K
San Diego County’s median home price hit an all-time high of $583,000 in August, according to real estate tracker CoreLogic. The previous record was $579,750 in July. Home prices have been reaching new records for several months, which analysts attribute to job growth, a strong economy and tight inventory. The big picture: Despite the record-breaking price, sales [...]
For Sale – Great 4 Bedroom Home in on a large lot in Poway!
This lovely home offers plenty of room for a growing family! Beyond the spacious living room, there is a beautiful enclosed Sunroom with a pond next to the kitchen and dining area. Past this lies a courtyard and an attached 750 sq ft. studio, with shower and 2 half baths. Located on a quiet street within 2 [...]
Mortgage Rates on the Rise; Likely to Continue
According to Freddie Mac latest Primary Mortgage Market Survey for the first week of September 2018, U.S. mortgage rates jumped over the past week to a level not seen in over a month. Sam Khater, Freddie Mac's chief economist, says the one-two punch of strong job and consumer credit growth drove mortgage rates up to their highest [...]
San Diego Home Prices hit New Record, as Sales Slow
San Diego County’s median home price hit its highest price in history in July, $579,750, while sales hit a four-year low, real estate tracker CoreLogic reported. The previous record was $575,000 in May. Home prices have been breaking records on nearly a month-to-month basis all year. As of July, home prices had increased 8 percent in a year [...]
San Diego Median Home Price hits new High: $575K
Your Content Goes Here San Diego County’s median home price hit another record in June, reaching $575,000, while sales hit their lowest point in years, real estate tracker CoreLogic reported. The previous record was $570,000 in May. Home prices have been steadily breaking records all year, with prices increasing 5.5 percent in a year as of June. [...]
Fed holds Key Interest Rate Steady but Signals more Hikes to come
Your Content Goes Here Federal Reserve policymakers on Wednesday held their key interest rate steady but remained on track for another small hike in September that could draw President Trump's ire. Trump delivered rare public criticism of the independent Fed last month for its recent interest rate increases, complaining they could hurt the strengthening U.S. economy. He [...]