Posts Tagged ‘Real Estate news’
Real Estate News May 2014
There is a lot of news out there in the real estate world, so let’s cover some important items you should know. Property tax reassessment deadline extended in San Diego County: If you are trying to get your property taxes reassessed you are in luck. The county assessor has extended the deadline for filing reassessment…
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Real Estate News REcap
HARP is helping more borrowers to refinance: HARP, the Home Affordable Refinance Program, has recently been restructured, and this has allowed more homeowners to be able to take advantage and refinance to lower rates. The new guidelines allow those who are underwater with their mortgages to take avail of the program – a big welcome…
Read MoreAs Home Prices Rise, So May Your Property Taxes
The decline in the real estate market these last several years led many California homeowners to seek reductions in their property taxes. All they had to do was show the decline in market value of their homes, via a comparative market analysis, and local tax assessors were generous in granting annual reductions. BUT… now that…
Read MoreReal Estate News REcap: July 6
Housing Affordability is Up: The National Association of Realtors has reported that housing affordability is at it’s highest level since the 1970s, when such record-keeping started. The Housing Affordability Index measures the relationship between median home price, median family income, and average mortgage interest rates. As the index climbs higher, household purchasing power grows. An…
Read MoreWhere is All the “For Sale” Inventory?
There is a strange phenomenon occurring in San Diego this Spring season – there are less homes for sale than anticipated. It is not uncommon for buyers to find themselves in multiple offer situations, being outbid and outshone by others, including cash investors. Will we see more inventory as we head into summer, and what…
Read MoreCA Real Estate Market News: Great Time for Sellers!
If you are a buyer in California, especially in the San Diego area, you likely have noticed that many properties are going quickly once they are listed, oftentimes with multiple offers. It is a great time to buy, and and also can be a terrific time to sell if you have an experienced real estate…
Read MoreHome Prices are Rising
Home prices are rising and have been doing so for the last three months. According to Standard and Poor’s newest Case-Shiller index report, prices have actually showed a decline, but that fact has been disputed by other reports. In North San Diego, I agree that prices seem to be rising and market times, not including…
Read MoreReal Estate News REcap
There has been a great deal of real estate news making headlines lately, so if you want the latest scoop here you go: 1. Bank of America is about to launch deed for lease program. After much controversy over this type of program, it seems B of A is going to jump into the deed…
Read MoreCurrent Conflicting Real Estate News: What to Believe?
There has been a great deal of conflicting news in the real estate industry as of late: it’s a great time to buy, we haven’t hit bottom, the market is on the way to recovery, we are heading for another dip, distressed property sales are at an all-time low, there is a load of shadow…
Read MoreReal Estate News REcap
In case you haven’t been following the news lately, there is a lot of real estate-related news making headlines right now. Here are some of the big stories: 1. Underwater homeowner refinancing to include non-Fannie and Freddie backed loans? Many people are aware that the new version of HARP will reach out to help homeowners…
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