California Real Estate Blog
Fed Leaves Interest Rates Unchanged
Federal Reserve leaders decided not to increase the bank's key interest rate at the conclusion of a two-day meeting. "Our decision does not reflect a lack of confidence in the economy," said Janet Yellen, chair of the Fed. "It's better to err on the side of caution." The Fed downgraded its forecast for economic growth in 2016 for [...]
Home Theater Ideas for a Great Movie Experience!
Watching movies at the cinema can be thrilling. But if you want to save the money on tickets, make your own popcorn, and have that quiet, cozy time with loved ones while watching the movie, you should consider setting up you own cinema at home. Check out these fun Home Theater ideas from HGTV.com [...]
50+ Cozy Balcony Decorating Ideas
There’s no better place than a balcony to bring the outside into your home. Most balconies are small, but it doesn’t have to feel claustrophobic. It can be very cozy indeed if you put some time into designing it properly. There are lots of cozy balcony pics at the link below to give you all the inspiration you [...]
Negative Equity Rate Continues to Drop for San Diego Homes
Bolstered by a strong real estate market, the number of San Diegans who owe more on their homes than they are worth dropped to 7.1 percent in the second quarter of 2016. Nationwide, about 12.1 percent of homeowners are still underwater. Nearly one-third of Americans were under. San Diego County had the 14th-lowest percentage of homeowners underwater, called [...]
San Diego County median home price up by 6.4%
Home prices across Southern California continued to increase in May but the pace at which they went up has slowed, said the S&P CoreLogic Case-Shiller Indices just released. San Diego County’s median home price, adjusted for seasonal swings, increased 6.4 percent in the last 13 months, while Los Angeles and Orange Counties increased 5.4 percent. National home prices [...]
Google Opening Office in San Diego
Google has signed a lease for nearly 60,000 square feet of office space in Sorrento Mesa, expanding its Southern California footprint into San Diego for the first time. The Mountain View-based Internet search giant said it’s a tenant at 6420 Sequence Drive –— a four-story office building that’s part of the Verge complex. It’s the first time the [...]
Mortgage Rates at Near-Record Low
Mortgage rates hit a new 2016 low last week, falling to 3.41 percent in the wake of the Brexit vote. Home loan rates haven’t been this low in three years and are near the record-low 3.31 percent reached in November 2012, according to Freddie Mac. Mortgage Rates - 30 Year Fixed Source: Freddie Mac [...]
San Diego County median home price now $490,000
San Diego County median home price hit its highest of the year in May, real estate tracker CoreLogic reported. The median home price was $490,000 in May, a 6.8 percent increase from the same time last year, and was inching toward record price points. The county has yet to reach its pre-recession peak of $517,500 from November 2005, [...]
Study: San Diego is 8th Hottest city for Real Estate
When it comes to supply and demand, metro San Diego was the eighth “hottest” home market in the United States in May, according to a monthly report from Realtor.com. San Diego County jumped five spots from April to make the Top 10 of the website’s hotness index. The Vallejo-Fairfield market was ranked first and San Francisco was second. [...]
Wells Fargo Offering 3% Down Mortgages
Wells Fargo & Co. has started offering a new type of mortgage that requires a tiny down payment and could appeal to customers who might otherwise get loans backed by the Federal Housing Administration. Wells Fargo, with its new loan program called Your First Mortgage, could soon be making fewer FHA loans. "We think this will be [...]
San Diego Flood Map Revised
I know with our beautiful weather, it’s hard to think about rain! But, every now and then it rains in San Diego … Attached is information on the new flood maps that have been revised for San Diego County. I hope you find this information useful! The Federal Emergency Management Agency (FEMA) has issued revised Flood Insurance Rate [...]
25+ Relaxing Hanging Beds For Absolute Enjoyment
How COOL would these look for the summer?! Need a weekend project? We are fascinated by elements that are not part of our natural habitat. While some of us tend to spend a disproportionate amount of time on the beaches and surfing the waves, others are obsessed with taking to the skies. Flying has always been one of [...]