Real Estate Market Update for August 2013

It’s hard to believe August is nearing it’s conclusion, summer is almost over and kids are going back to school…definitely things will be changing for many families very soon. One thing that does not seem to be changing is the real estate market, which is still doing very well. Here are the latest happenings in…

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Are Short Sales Still Good Deals?

Short sales have received much stigma as of late, and more buyers have been steering clear of them. But for those who are willing to wait them out, can short sales still save you money? In order to answer to this question it is important to dissect the short sale and look at it’s components…

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Will the Current “Seller’s Market” Be Short-Lived?

Many sellers have been questioning whether it is the ultimate time to list, since it has officially become a “seller’s market” in most California areas, including here in North San Diego. Some were able to take advantage of the crazy multiple-offer situations and buyers’ willingness to pay over appraisal value – situations that were seen…

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Will Home Prices Continue to Rise?

One of the biggest questions in real estate right now is whether the market will continue to see rising prices. Many areas, including San Diego county, have seen price spikes over the last 6 months or so, anywhere from 10% to over 20%, depending on the neighborhood. We know that one of the main reasons…

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Selecting a Real Estate Agent: Quantity vs. Quality

Deciding whether to purchase or sell a home is possibly one of the most important and expensive financial/emotional decisions you will make during your lifetime. It is one that has not only financial consequences, but also legal ramifications. If done correctly it can be the catalyst for your future – during your lifetime, for your…

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Short Sales and HOA Fees: What You Should Know

Someone called me the other day with a question about short sales and HOA fees. She wanted to know whether a homeowner should continue to pay HOA fees if they are involved in short selling their home, and are awaiting lender approval. The answer is YES. Unlike other fees which short sale lenders typically agree…

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Do You Really Know What Your Home is Worth?

If you are thinking of selling, refinancing, or just want to get an idea of what your home is worth, you have many options. Most people these days like to do things themselves, since there is so much information available at our fingertips online. There are also some great real estate sites and many local…

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