Prices Up, Sales Down

Home prices have been on the rise, but sales decline in June Total existing-home sales, completed transactions including single-family homes, townhomes, condominiums, and co-ops, declined 5.4 percent to a seasonally adjusted annual rate of 4.37 million in June from an upwardly revised 4.62 million in May, NAR (National Association of Realtors)  reported last week.  Sales [...]

FHA Approved Downtown SD Condo’s For Sale

Search All FHA Approved Condos in Downtown, San Diego 92101 FHA (Federal Housing Administration) loans require a down payment of three point five percent.  Though this type of financing is great for first-time home buyers, it is far more difficult to to beat out competing offers that offer a greater down payment.  In the eyes [...]

Just Listed For Sale @ the Electra Tower

 700 West E Street | Columbia District Electra #2603 2 Bedrooms | 2 Baths | 1370 SQFT | 2 Parking Spaces |  Priced from $799,000 – $829,000 Absolutely stunning panoramic bay view from the 25th floor of the Electra tower.  Enjoy city lights and sunsets everyday. Property is in pristine move-in condition and boasts granite [...]

Home Seller Safety Net… Rent-Back

Remain in Your Home While Shopping for a New Home What happens when a Seller wants to sell their current home and buy a new one?  Some sellers who own one home and want to move to another have been having a difficult time making the move in the current housing market which is due [...]

New Condo For Sale Downtown @ the Grande South

1199 Pacific Highway #2001  Just listed for sale at the Grande at Santa Fe Place!  This awesome two bedroom + den and two bath residence boasts 1684 SQFT and a beautiful northwest facing view!  Click to view floor plan!  This home is priced at $879,000, Another Bosa beauty, the Grande South was completed in 2004, [...]

The Mortgage Debt Relief Act

Time is Running Out to Short Sell Your Home 1) Senate Bill 931 Senate Bill 931 applies to those who own a primary residence or income property. The Senate Bill became effective as of January 1, 2011 requiring the first lien holder, in a short sale, to accept an agreed-upon payment as the full payment [...]

Bank of America’s Cooperative Short Sale Program | Real Estate Help

Take Advantage Before the Program Expires this December Bank of America is now offering a program similar to HAFA’s (Freddie/Fannie), called the Bank of America Cooperative Short Sale Program, which is an attempt to help home owners avoid foreclosure, offering substantial seller incentives!  This only applies to loans where Bank of America owns the paper. [...]

California Housing Market on the Up and Up

Real Estate Market Improving, Housing Prices at 2010 High California’s housing market has been showing signs of improvement in June, as home sales experienced solid gains annually and home prices reached their highest level since August 2010, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said this week. For local real estate market statistics, go to Concierge, [...]

New Regs for Credit Bureaus and Collection Agencies

…Resolve Disputes “quickly and fairly” or They’ll Face Fines  The Consumer Financial Protection Bureau (CFPB) will begin monitoring (and assessing fines) credit reporting bureaus (Experian, Equifax, TransUnion) and collection agencies, and hopes the new regulation will be in place by September 30th. Their focus will be on the accuracy of information produced by the large credit reporting companies [...]

An Electra of a Deal in the Columbia District!

700 West E Street | Columbia District With construction beginning in 2013, Bosa Development’s new 41 story, high-rise tower, currently called Santa Fe Depot Parcel 5 will definitely impact the unobstructed view many residents at Electra will lose. It’s not the end of the world for many Electra owners, but the view will certainly be [...]