It’s the law of supply and demand working at its best: If supply decreases, but the demand increases or remains the same, prices will increase. We’re seeing very low inventory around the county, which in turn, drives prices up…meaning good things for sellers with a hot piece of property! Read more for the stats from Inman [...]
The Wall Street Journal has got it right! Home sales in San Diego are up…and, no surprise, many of the homes sold are large! Big Homes Are Back in Business Written by Dawn Wotapka | The Wall Street Journal MECHANICSBURG, Pa.—Jamie and Ashley Mengle spent the past four years in a 1,920-square-foot, three-bedroom town house. [...]
This is a fantastic article busting the myths surrounding short sales and foreclosures. We couldn’t have written it better ourselves! Short Sale vs Foreclosure – 10 Common Myths Busted by Brandon Brittingham on May 9, 2012 It’s likely you’ve heard the term “short sale” thrown around quite a bit. But what, exactly, is a short sale? [...]
In the current San Diego real estate market, our inventory has been moving quickly. It could be that there just isn’t enough for sale on the market and buyers that are ready to go are scooping it all up…or maybe it’s just the height of the selling season. Either way, things are looking up a [...]
A mansion sitting atop the cliffs of Southern California would be what most consider a symbol of luxury. While many of the rich and famous have managed to hold on to their spectacular properties during this economic downturn, many have fallen on rough times like so many of us regular folks. It’s never nice to take [...]
There has been talk of the “next wave of foreclosures” for a couple of years now, but here in San Diego, we’ve seen the banks only trickle their inventory onto the market. So is the next wave really going to happen…or is it all talk? We’re not so sure, but either way, no one is prepared for [...]
If you are a resident of Carlsbad, or even more specifically La Costa, you may be interested to learn that high-end homes in your area have been selling, well, high. Finally! This is great news for home owners and home sellers. So how do we know things are going so well in La Costa? Out of all of the homes [...]
It’s officially the season of Spring, which also means that the season of home buying is upon us. So what are the benefits of buying now and not waiting until Winter? 1. The market today is the perfect opportunity for buyers with cash for down payments, steady incomes and good credit scores. A buyer can purchase [...]
Homeowners will likely agree that home owning isn’t always a piece of cake…and the benefits of owning versus renting constantly come into question. Yet, a recent survey given to homeowners nationwide showed that a whopping 72% of people are satisfied with owning a home! According to the HomeGain’s 2012 National Home Ownership Satisfaction Survey, of those who were satisfied [...]
If you’ve just started (or are in the midst of) wanting to purchase a new home, it’s important to consider all available options: traditional sales, short sales or bank owned homes. You’ll likely find, depending on where you’re looking, that short sales will be found in high numbers. While it’s ok to look at short sale properties, we [...]
How Safe is Your Home? Really?
Mortgage Forgiveness Debt Relief Act Set to Expire!
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