Posts Tagged ‘realestate’
Why Are There So Many Active Homebuyers During a Pandemic?
Many people are asking this question lately – from real estate agents to renters to curious neighbors who see neighborhood homes sell with multiple offers for crazy high prices. Many in the industry will say the reason the market is so hot is because interest rates are SO low – many buyers with good credit…
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Home Prices are Rising
Well, it is official: home prices are on the rise. Despite that many analysts thought prices would likely not rise as we head into Spring that is not the case, at least not in the San Diego county housing market. Prices in San Diego climbed 4.6%, and traditionally more affordable cities are seeing price rises…
Read MoreNew Appraisal Exemption Rule In Effect
As of October 9 there are new rules on appraisal, or rather which homes will no longer require them. Certain properties under $400,000 are now exempt from appraisal. Instead, exempt properties will be evaluated by the lending institutions with an estimate on property value. Here are the properties that will fall under the exemption: 1.…
Read MoreRevamping Real Estate Industry Training
The real estate industry NEEDS some revitalization when it comes to licensing and agent training. There are easy ways to do this and the benefits FAR outweigh the work – better prepared agents, fewer lawsuits, higher satisfaction levels and legal protection for buyers and sellers…why would the industry NOT want to do this? Well, in…
Read MoreHow To Survive a Real Estate Transaction
Surviving a real estate transaction can be challenging at times, even downright difficult. But there are a few things to keep in mind that will help you along the way so that whether you are buying or selling you will be on the ball. Here are some tips: 1. Get a timeline at the start:…
Read MoreGreat News for First Time Buyers
As many buyers are aware, the market has been slowly shifting to a buyer’s market, and this is great news for buyers. Here are some reasons why buyers can get excited about the market right now: 1. Homes priced in the lower third of the price range in San Diego county have been showing continual…
Read MoreIs Now A Good Time to Buy a Home?
I get asked this question probably more than any other, and right now there are a lot of people asking. Many are not sure what’s going on in the industry, but they see prices are not escalating like they did for the last few years. Many wonder if it is becoming a buyer’s market and…
Read MoreHome Prices Fall in 3 Southern California Counties
Are you confused about what is going on in the local housing market? Home sales in southern California were level in March compared to February, according to new statistics released by The California Association of Realtors, but prices were down 6.3% compared to March 2018 and declined in San Diego, Orange and Los Angeles counties.…
Read MoreReal Estate Firms Being Sued for Cold Calling
One of the largest real estate firms, Coldwell Banker, among others, is being sued in a federal lawsuit for cold calls made to phone numbers listed on the Do Not Call list. A second complaint has been filed in Florida against two brokerages there for the same charges. Cold calling has been around for a…
Read MoreB of A is Offering Up to $10K to Qualified Homebuyers
Bank of America announced a new program to help buyers purchase homes by offering up to $10,000 in closing costs to close a home loan. This assistance can be provided to qualified low to moderate income earners and multicultural homebuyers under B of A’s Neighborhood Solutions Program. The goal of the program is to provide…
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