Real Estate Agent Ransomware
Well, just this year, I’ve noticed a lot more phony emails directed to my real estate email account that I’m assuming our rent somewhere. It would seem to me that thieves are definitely targeting realtors here in the United States and perhaps most other high profile professionals as well. you and you
Sure, I get plenty of spam type general emails trying to get me to click through to a specific site or download a specific file. But, this year I’ve noticed a lot more of these types of are youin you and suspicious email directed toward my real estate email account and in a number of cases having specific messages involving real estate subjects. I have added some examples of these emails at the bottom of this post.
Now, I should state that the objective of Ransomware is to get the innocent computer users to become victims by clicking on emails that have infected email attachments or to direct you to sites that will infect your computer. Perhaps, I should state the obvious here, and that’s the fact that Ransomware will lock up your computer and you will be unable to access any files without paying the crooks for them to send you an unlock code. But, even paying them may not ensure that you will get your data back. Read more
Canadian housing bubble – a reflection of the Southern California housing market?
Could the fast home appreciation occurring in Canada be a mirror reflection of our own Southern California real estate market?
Canada is experiencing a huge real estate boom over the past two decades. When I say boom…I just mean the value of someone’s house goes up a lot. This is great for current homeowners, but this is terrible for new home-buyers who now have to take out a much larger mortgage to get their first house.
Why is this a problem? Why is it bad for someone’s house to appreciate rapidly in value for decades? This is bad because it eventually gets to a point where the price of a house is beyond any accurate or rational reflection of its actual worth. A house with a value of $1,000,000…may in reality only is worth a couple hundred thousand. Read more
California housing crisis 2017
My personal view and opinion on the crisis in California housing.
Personally, just to keep things pretty simple it’s a well-known fact that here in San Diego County, a huge percentage of the new homes building cost (I believe in the 40% range) is comprised of city and state building and construction fees. So, why do we need a special councils always investigating our problem when it’s quite obvious that our own city and state have created most of these problems by their onerous imposition of government fees. Read more
San Diego Residential Real Estate Market
By Mark A. Melikian California Certified Residential Appraiser firstname.lastname@example.org P.O. Box 3051 Del Mar, California 92014 858-945-8996
The following is a market data summary of detached and attached properties as reported by the San Diego County MLS system. The data includes all zip codes in San Diego County. All projections discussed in this analysis will be updated throughout the year in subsequent quarterly reports.
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 peaked in 2003 at 42,746 units and decreased through 2008 to 23,972 units. Based on data from the first two quarters of 2017, the projected total number of units sold for the year will be 34,888, down from 36,236 sales in 2016 (see Figure 1). Read more
Happy 4th of July
Happy 4th of July
San Diego Home Price Gains
The S&P Core Logic Case-Shiller 20-City Composite Home Price NSA Index seeks to measures the value of residential real estate in 20 major U.S. metropolitan areas: Atlanta, Boston, Charlotte, Chicago, Cleveland, Dallas, Denver, Detroit, Las Vegas, Los Angeles, Miami, Minneapolis, New York, Phoenix, Portland, San Diego, San Francisco, Seattle, Tampa and Washington, D.C.
Curb Appeal – Home Sales
Curb appeal is attractiveness of the exterior of a residential or commercial property, as viewed from the street.
From Wikipedia, the free encyclopedia:
Curb appeal can be accomplished by any number of methods including the installation of exterior decorations, re-painting, extensive attention to the landscaping. Several television programs have been created to explore ways for homeowners and building contractors to increase the curb appeal of their properties for a more profitable sale.
Curb Appeal – Home Sales
Interest Rates Increase
For the second time this year the Federal Reserve Board has raised interest rates! it was March 15, 2017 that the Federal Reserve first raised interest rates this year. If you’d like to see that story on the first Federal Reserve rate increase, click this link: Fed raises interest rates
Although this was the second interest rate increase this year, it was also the third interest rate increase in the last six months! Read more