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Has Homes Bottomed Out?

It looks like sales of new homes have finally bottomed out. The Commerce Department reported Friday that after hitting a record low in January – 74 percent lower than they were in July 2005 – new home sales rose in February... (Continue reading)

San Diego Homes Show Decline

As a real estate specialist, I don’t mind home prices decreasing because as history shows real estate is still a great way to invest.  Home prices will continue to decrease but  not forever, at some point it will appreciate higher than... (Continue reading)

San Diego Home Price Decline Slows

It’s a good sign that San Diego County home prices has declined in a slower rate which is one of the signs for market stabilization. San diego Real Estate market will take awhile to recover. When will that be? No... (Continue reading)

San Diego Loan Limits Published

NAR has been working in Washington DC to help the Federal Government structure the American Recovery and Reinvestment Act of 2009. As a result of its passage, today HUD published changes to FHA’s single family loan limits. San Diego County: $697,500           Single... (Continue reading)

Housing plan for San Diego Owner

Obama’s housing plan means well in helping avoid further foreclosure to 9 million people who falls to 105 LTV.  What does this mean to San Diego?   Majority of the homeowner in San Diego are so upside down that the housing... (Continue reading)

Fannie Mae, Freddie Mac Increase Fees, Toughen Rules

The affect this has on San Diego regarding the increased lender fees  is counter-productive in what the new administration is trying to accomplish in stimulating the economy.  These companies are telling us that we’re going to be penalized whether someone’s... (Continue reading)

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