Uncategorized Archive

Learn about San Diego home buying

Posted August 28, 2014 By Chuck Buxton

HouseRebate.com, San Diego’s innovative discount brokerage, and Prime Mortgage Loans are hosting a free home-buying “dine and discover” seminar at 6 p.m. on Wednesday, September 17.

Dinner will be provided, along with information about navigating San Diego’s housing market, achieving  the best loan out of many choices and saving thousands of dollars through the HouseRebate’s online program. Key points will include finding the right home, learning about San Diego home sale prices, understanding the appraisal process and finding the best mortgage terms and rate.

The meeting will be held at King’s Garden restaurant in Sorrento Valley, 10066 Pacific Heights Blvd., San Diego. Those who RSVP by September 12 will receive a free copy of the national best-selling book, “Home Buying by the Experts,” and a $50 travel savings card. For reservations, call 619-630-0396 or e-mail [email protected].

“Home Buying by the Experts” Offered as eBook

Posted August 7, 2014 By Chuck Buxton

Home Buying by the Experts, the national best-selling book on how to buy that dream house, is finally an eBook on Amazon.

Eight of the nation’s top real estate experts offer advice and tips on how to find the right home at the best price possible. Their insights are especially valuable in helping San Diego home and condominium buyers understand how the San Diego housing market works.

Learn about choosing the right real estate agent, getting the best loan and finding a reputable home inspector. Get inside information on how to negotiate like a pro and know which questions to ask so you can make educated decisions on every aspect of San Diego home sales.

Whether you’re a first time buyer or seasoned veteran, get practical, step-by-step advice from planning your home purchase to maneuvering through the maze of financing options.

Download Home Buying by the Experts at:  http://www.amazon.com/dp/B00MG9RR86

San Diego Home Prices Rose in June

Posted July 18, 2014 By Chuck Buxton

The median price for San Diego home sales and condominiums reached $450,000 in June, up 8 percent from a year ago and nearing a seven-year high.

While home sale values continued their rise over the past year, the increase was less than the 24.1 percent jump from June 2012 to June 2013, according to real estate tracker Data Quick . A major factor was the slowdown in investor-related sales of foreclosure and short sale properties.

The trend line for the months ahead could bode well for individual homeowners as the real estate market returns to a more traditional balance. More owners of San Diego homes and condominiums now have mortgages that are above water, while the number of San Diego foreclosures is expected to shrink and interest rates are likely to tick upward,  potentially discouraging investors who have played a major role in San Diego real estate over the past decade.

Statewide, single-family home and condominium sales during June increased 2.8 percent while sales of distressed properties fell 9.1 percent. “June marks the sixth consecutive month that sales have been lower on a year-over-year basis,” said Madeline Schnapp, Director of Economic Research for real estate tracking company PropertyRadar. “The lack of distressed property inventory and rapid increase in median prices has definitely taken a toll on demand.”

Inventory, while still tight, is increasing. In the first six months of 2013, there were 46,146 active listings in San Diego County, up from 26,294 last year, the San Diego Association of Realtors reports. This month, inventory surpassed 8,000 for the first time since February 2012.

New Online Tool Offers Immediate San Diego Home Prices

Posted July 1, 2014 By Chuck Buxton

A new site – HouseandCondoValues.com – provides immediately useful prices for San Diego real estate, including a range of values for San Diego homes and condominiums.

It simplifies the process of comparing nearby home sales and can help the homeowner decide what the home should sell for and its value in seeking refinancing. The pricing also is important for homeowners whose property dropped in value during the real estate downturn of the last decade, bringing a reduction in appraisal and property taxes under Prop. 13, and who may now face a reappraisal and a property tax increase.

All the homeowner needs to do is put in the address and go to a page that includes property details and an aerial view of the home’s location. This site gives an estimated valuation and possible market prices from low to high for San Diego home prices and San Diego condominium prices.