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real estate house of cards

Housing Market – We’ve Been Down This Road Before

Housing Bust

I’ve said it many times before:  My opinion on the root cause of our current housing bust started back with the Clinton administration. The thinking was to make housing more affordable for the masses. A noble idea, but as usual, the government’s implementation was based on easing of the traditional mortgage qualifying rules. Read more

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Why Make Your Mortgage Payment When You Can Live For Free?

Home Foreclosure Moratoriums Impact Homeowner Associations

The number of foreclosures is huge and Federal and state foreclosure moratoriums abound.  The Federal government continues to pressure lenders to work out foreclosure alternatives.  With all of this, many troubled homeowners are riding the gravy train. Read more

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Fannie Mae and Freddie Mac – Walking Dead

Goodbye and good riddance says Rep. Barney Frank to Fannie Mae and Freddie Mac. In his opinion, both mortgage agencies need to be closed for good. Once that’s accomplished,  the housing finance system can be rebuilt right.

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San Diego real estate pent up demand

San Diego Real Estate Pent-Up Demand .. It’s Real & About To Kick-In

The latest San Diego sales mantra goes like this: “Sure the market is down, but it’s been down for a few years now and there is terrific demand to purchase building up. Now could be the best time to get into the San Diego real estate market before that pent-up demand kicks in.” Read more

Recent Articles

9
May

Real Estate Agent Video Marketing

Real Estate Agent Video Marketing

So you have your own real estate agent website and even your own real estate blog. But, without top search engine keyword ranking you may not be getting all the directed traffic you should. If so, it’s time you made a change! Read more »

7
May

US Unemployment Numbers – Peter Schiff

US Unemployment Numbers

Peter Schiff, president of Euro Pacific Capital, takes a closer look at the latest US unemployment numbers.

On Friday, the latest unemployment numbers fell to 8.1 percent. According to the US Bureau of Labor Statistics, in April 115,000 non-farm jobs were added, but at the same time 342,000 people left the labor force. In February the unemployment rate was 8.3 percent. At this rate will the US ever climb out of the jobs crisis?

San Diego homes for sale
6
May

Housing Market Recovery – Shiller vs Buffet

Housing Market Recovery

Debate over the U.S. Housing Market

No one can really tell if the San Diego housing market has really started a recover from it’s peak in 2005. Only time will tell if 2012 was the start of a recovery in San Diego home prices. Read more »

6
May

California Home Sales Higher In February

California Home Sales

California home sales

California home sales

According to information collected by C.A.R. from more than 90 local REALTOR® associations and MLSs statewide, February’s home sales were up 2.1 percent from January’s revised pace of 517,120 and up 5.5 percent from the revised 500,480 sales pace recorded in February 2011. The statewide sales figure represents what would be the total number of homes sold during 2012 if sales maintained the February pace throughout the year. It is adjusted to account for seasonal factors that typically influence home sales.

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3
May

Home Improvement Tips — Low-Cost Landscaping

Home Improvement Tips

A beautifully-landscaped property can work wonders when it comes to selling your home. 

home improvements

  • Make a plan that includes a schedule of tasks and rough sketches of your design to help you determine what items you need. For assistance, consult with an expert at a local gardening store or home improvement retailer.
  • Plan the project in phases and purchase products as money is available. The phased-in plan also helps you avoid the interest and fees associated with home-improvement loans or credit card purchases.
  • Don’t sacrifice quality. Ask the staff at local specialty shops for recommendations about the best products available. If you are inexperienced with landscaping, consider spending a little extra for professional assistance.
  • Carefully inspect plants for diseases and insect problems, especially if you didn’t purchase them from a nursery. Diseases and pests can spread to other plants. Also ask the gardening retailer if they offer warranties on their plants. Read more »
12
Apr

San Diego Real Estate Market Analysis

San Diego County Residential Real Estate Market Analysis:  1st Quarter 2012 ©2012

By Mark A. Melikian California Certified Residential Appraiser appraisals@san.rr.com P.O. Box 3051 Del Mar, California 92014 858-793-9339

Market Overview: The data provided analyzes residential real estate sales beginning in the year 2000, which is used as the base year. The number of sold listings in San Diego County peaks in 2003 at 42,746 units and decreases through 2008 to 23,972 units. *The 2012 projection shows the total number of units sold for the year will be 28,544, below the 31,885 units sold in 2011 (see figure 1). Read more »