October, 2009

Big Rebound in Existing-Home Sales

Existing-home sales bounced back strongly in September with first-time buyers driving much of the activity, marking five gains in the past six months, according to the National Association of REALTORS®. Existing-home sales—including single-family, townhomes, condominiums, and co-ops—jumped 9.4 percent to... (Continue reading)

More Foreclosures to COME!

Housing inventory is likely to continue increasing in 28 key metro areas, according to the Wall Street Journals’ quarterly survey of housing data. Areas where the number of foreclosed homes is likely to contribute the most to the inventory of... (Continue reading)

Home prices across area ending decline, data show

San Diego County’s three-year slide in home prices is ending, neighborhood by neighborhood, according to a quarterly breakdown from MDA DataQuick. Eight out of 56 neighborhoods saw higher prices than a year ago, compared with only one or none in... (Continue reading)

SoCal home sales up, prices hold steady

Southern California home sales rose unexpectedly last month as price declines moderated, MDA DataQuick reported Tuesday. There were 21,539 sales in the six-county region, including San Diego, up slightly from August’s 21,502, as low rates, federal tax credits and delayed... (Continue reading)

Take steps right now to rebuild your credit

WASHINGTON — The ideal of homeownership may have lost its attraction to the millions of underwater owners who have lost their castles during the housing meltdown. But it is never too soon for folks who have given up their homes... (Continue reading)

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Home Buyer Tax Credit Extension Likely

Extending the First-Time Home Buyer Tax Credit, due to expire at the end of November, is high on the Democratic Congressional to-do list, legislative aides said. After Wednesday’s meeting with President Obama and House Speaker Nancy Pelosi (D-Calif.), Senate Majority... (Continue reading)

Escondido Chargers?

By Joe Tash Could the “hidden valley” of Escondido have been the number one draft pick of the San Diego Chargers all along? In recent months, the Chargers’ search for a new “San Diego” stadium site has turned northward, following... (Continue reading)

Foreclosure Rate Rises 17 Percent

The number of homes lost to foreclosures rose about 17 percent in the second quarter of this year despite the launch of an extensive government program aimed at helping borrowers save their home, according to government data released Wednesday. Completed... (Continue reading)

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