Real Estate Market News

November 20, 2012

San Diego Real Estate Market Report – November 2012

Trends and Charts of the San Diego Real Estate Market. The November 2012 HomeDex™ Report provides October 2012 housing statistics. View This Months Report The median price for all North County home sales – attached and  detached – fell to $396,000 in October 2012 compared to $410,000 in September 2012. Detached homes in North County decreased 0.52 percent in October 2012 to $477,500 compared […]

November 17, 2012

Real Estate Market Uptrend Expected Through 2014

ORLANDO (November 9, 2012) – The housing market recovery should continue through the coming years, assuming there are no further limitations on the availability of mortgage credit or a “fiscal cliff,” according to forecast presentations at a residential forum here at the 2012 Realtors® Conference and Expo.Lawrence Yun , chief economist of the National Association […]

October 23, 2012

San Diego Real Estate Market Report – October 2012

Trends and Charts of the San Diego Real Estate Market. The October 2012 HomeDex™ Report provides September 2012 housing statistics. View This Months Report The median price for all North County home sales – attached and  detached – increased to $410,000 in September 2012 compared to $405,000 in August 2012. Detached homes in North County increased 5.26 percent in September 2012 to $480,000 compared […]

September 25, 2012

San Diego Real Estate Market Report – September 2012

Trends and Charts of the San Diego Real Estate Market. The September 2012 HomeDex™ Report provides August 2012 housing statistics. View This Months Report The median price for all North County home sales – attached and  detached – increased to $405,000 in August 2012 compared to $395,000 in July 2012. Detached homes in North County increased 3.81 percent in August 2012 to $456,000 compared […]

September 21, 2012

Shortage of California Homes Up for Sale.

After years of having too many homes and not enough buyers, real estate agents in California now have the opposite problem – too many buyers and not enough homes for sale. Making sense of the story The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported Monday that its statewide inventory of unsold homes index for existing, single-family […]

August 14, 2012

Buying a Home in San Diego vs Renting

Buying a home in most major markets will end up being cheaper than renting one. San Diego Breakeven Time – 3.6 Years. NEW YORK (CNNMoney) — For people who are willing to stay put for a few years, buying a home has become a much better deal than renting in almost every major housing market […]

August 14, 2012

San Diego Real Estate Market Report – July 2012

Trends and Charts of the San Diego Real Estate Market. The July 2012 HomeDex™ Report provides June 2012 housing statistics. View This Months Report The median price for all North County home sales – attached and detached – increased from $390,000 in May 2012 to $403,000 in June 2012. Detached homes in North County increased by 4.68 percent  to […]

August 3, 2012

SURTAX THAT CAN AFFECT HOME SALES

HEALTH-CARE REFORM LAW CONTAINS SURTAX THAT CAN AFFECT HOME SALES By Kenneth R. Harney WASHINGTON — When the Supreme Court upheld the health-care reform law on federal tax grounds, it restoked a housing issue that had been relatively quiet for the past year: The alleged 3.8 percent “real estate tax” on home sales beginning in […]

August 3, 2012

30-YEAR MORTGAGES FALL BELOW 3.5%

by Jeff Clabaugh Long-term mortgage rates continue to fall to new record lows, with the average rate on a 30-year fixed-rate mortgage falling below 3.5 percent for the first time ever. Freddie Mac’s weekly rate report says the average rate on a 30-year fix in the week ending July 26 was 3.49 percent. A year […]

July 13, 2012

Has The Housing Market Hit Bottom?

Is the Housing Crisis Over? Daily Real Estate News | Thursday, July 12, 2012 It’s official: The housing market has reached bottom, at least according to 44 forecasters surveyed by The Wall Street Journal. Only three economists surveyed said they didn’t think the market had reached bottom yet. The recent momentum in housing has plenty […]

March 7, 2012

National News – Housing Affordability Soars to Record High

Housing Affordability Soars to Record High. Daily Real Estate News | Wednesday, March 07, 2012 Low mortgage rates and falling home values have brought housing within reach to more families than ever before, according to the latest National Association of REALTORS® housing affordability index. Housing affordability in January reached its highest level since NAR began […]

March 2, 2012

FHA Hikes Fees on Mortgages

Daily Real Estate News |  Tuesday, February 28, 2012 Home buyers with mortgages backed by the Federal Housing Administration will soon see a rise in fees, the agency announced Monday. The agency is raising its fees in an effort to try to recoup some of its depleted reserves*, which suffered from the rising number of home […]

January 10, 2011

2010 Market Summary and 2011 Outlook

As you prepare for the year ahead, it is important to revisit what transpired in the housing market in 2010 in order to help determine what can be anticipated in the coming year. It is evident that 2010 was a year of transition toward stability in the housing market when looking at the sales and […]

December 17, 2010

People Still Want to Own a House

Daily Real Estate News  |  December 16, 2010  |   Fannie Mae: People Still Want to Own a House The desire to own a home hasn’t been diminished by the downturn in the industry, according to a survey by Fannie Mae. Of owners and renters surveyed, 51 percent say that the housing crisis has not affected their overall willingness […]

November 8, 2010

Home Sales Could Enter “Virtuous Cycle”

Daily Real Estate News  |  November 8, 2010  |   Consumer confidence and business spending are key to whether the U.S. housing market will move into a virtuous or a vicious cycle in 2011, NAR Chief Economist Lawrence Yun told a packed audience at the Residential Economic Outlook Forum Friday in New Orleans. After the downturn, the housing market […]