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Archive for May 2010

25
May

Home Price Index Drops

home prices

home prices

It was reported today that the Case-Shiller 20-city home price index fell 0.5% in March from February, but prices rose 2.3% from March 2009, which was the second straight year-over-year gain. Home prices have risen about 3% nationally from their April 2009 bottom, but they are still nearly 31% below their July 2006 peak.

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25
May

Home Resales Hit 5 Month High

home sales

home sales

The National Association of Realtors, yesterday, said home resales rose 7.6% to an annual rate of 5.77 million . Sales surged 22.8% vs. a year ago. The median existing-home price rose 2.1% vs. March and 4% vs. a year earlier.

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24
May

San Diego Delinquent Property Tax Notices Sent to More Than 60,000

San Diego County real estate

San Diego County real estate

San Diego County Treasurer-Tax Collector Dan McAllister announced today that notices are being sent to 60,331 San Diego County residents who are delinquent on their property taxes. The San Diego County delinquent taxpayers owe more than $201 million.

The good news is that the number of delinquency notices being issued is 11,147 less than last year.

Delinquent taxpayers have until June 30th to pay their late property tax bills or additional penalties will be incurred.

San Diego for sale by owner

24
May

Double Dip for housing: Meredith Whitney

Is there a double dip in US housing about to occur?

In an interview to CNBC’s Maria Bartiromo, noted banking analyst Meredith Whitney spoke on the Goldman Sachs case, and how the Dodd Bill will reshape Wall Street. Here’s an excerpt of that conversation.

San Diego home sales

23
May

5 Most Important Home Staging Tips

  1. Curb Appeal Enhancement – first impressions are critical, and curb appeal is the key. Mow the lawn, weed, rake, trim edges and overgrown bushes and trees, clean windows, hose down (or power wash) the exterior, entry way area and walkways. Read more »
22
May

California Home Prices

California home prices on the rebound? Will the trend remain in place now that the government tax credits are over?

real estate market

California real estate market

San Diego homes for sale