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Home prices across area ending decline, data show
Written on 19 Oct, 2009 at 20:38 in News | viewed 96 views times and users have made 0 comments so far
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)
Escondido Chargers?
Written on 7 Oct, 2009 at 10:44 in News | viewed 111 views times and users have made 0 comments so far
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)
Existing home sales slide unexpectedly
Written on 28 Sep, 2009 at 8:31 in Blog | viewed 114 views times and users have made 0 comments so far
The report breaks a four-month streak of increases with a dip of 2.7% in August. NEW YORK (CNNMoney.com) — Existing home sales fell in August, snapping a four-month streak of increases, according to a report released Thursday. Sales of previously-owned... (Continue reading)
Federal Index Shows Home Prices Rising
Written on 23 Sep, 2009 at 16:37 in News | viewed 108 views times and users have made 0 comments so far
U.S. home prices rose 0.3 percent in July compared to June, the Federal Housing Finance Agency said Tuesday. The index is 4.2 percent below what it was in 2008 and 10.5 percent off its peak in April 2007. The index... (Continue reading)
Real Estate Hit Bottom?
Written on 3 Sep, 2009 at 9:59 in San Diego Real Estate | viewed 115 views times and users have made 0 comments so far
As a real estate specialist we become knowledgeable of the housing trends. Many economist have preached that we have reached the bottom of the housing market. I think we’re going to see another surge of foreclosure in 2010 due to... (Continue reading)
New Home Sales Surge 9.6% in July
Written on 26 Aug, 2009 at 19:19 in News | viewed 93 views times and users have made 0 comments so far
New U.S. home sales surged 9.6 percent in July, rising for the fourth straight month and beating expectations as the housing market shows continuing signs of rebounding from its historic downturn. The Commerce Department said Wednesday that sales rose to... (Continue reading)
Existing-Home Sales Rise 7.2%
Written on 21 Aug, 2009 at 7:42 in News | viewed 91 views times and users have made 0 comments so far
WASHINGTON — Existing-home sales rose to their highest level in nearly two years from June to July as cheaper prices and the availability of tax credits continued to entice buyers. Home resales rose more than expected, bouncing 7.2% — the... (Continue reading)
Buyers Rush to Beat Tax Credit Deadline
Written on 17 Aug, 2009 at 18:59 in Blog, News | viewed 77 views times and users have made 0 comments so far
Real estate professionals report that first-time home buyers are flooding the sale market, pressed to finalize a deal before the federal government’s $8,000 tax credit offer expires on Nov. 30. Because mortgage approvals, residential inspections, and other steps in the... (Continue reading)
Pending Sales of Existing Homes in U.S. Surge 3.6%
Written on 4 Aug, 2009 at 8:11 in News | viewed 79 views times and users have made 0 comments so far
Aug. 4 (Bloomberg) — The number of contracts to buy previously owned homes in the U.S. rose in June for a fifth straight month and exceeded economists’ forecasts, as lower prices and mortgage rates attracted buyers. The 3.6 percent gain... (Continue reading)
Sharp Rise in New U.S. Home Sales as Prices Fall
Written on 27 Jul, 2009 at 7:54 in Blog, News | viewed 70 views times and users have made 0 comments so far
WASHINGTON (AP) — The government said Monday that new home sales in the United States rose by the largest amount in nearly eight years last month, in another sign the housing market was bouncing back from the worst downturn in... (Continue reading)