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Archive for August 2010

30
Aug

San Diego Townhouse For Sale

National City 2Br./1.5Ba upgraded townhouse.

Spacious 2Br. VALUE! Walk to Plaza Bonita! Many brand new upgrades/paint/tile/flooring/window coverings/ Low flow toilets, private patio + balcony w/open

views Condominium for sale Vacant – Ready for quick move-in

3812 Willows Way, National City, CA

Spacious 2Br. VALUE! Walk to Plaza Bonita! Many brand new upgrades/paint/tile/flooring/window coverings/ Low-flow toilets, private patio + balcony w/open
views

Value-ranged priced: $125,900 to $145,900

Call Bob @ 616-286-5604

28
Aug

Government Should Refinance All Home Mortgages To 4%

Perer Schiff talks about Bill Gross home mortgage bailout idea, Fannie Mae, Freddy Mac & the Government Motors IPO

The massive debt in the system, public and private, must be eliminated. We (the USA) can do it now in a planed way and there will be pain. Or, we can keep kicking the can down the road and wait till it comes crashing down on its own and the pain will be so much worse because the damage we have done to the economy will be so much worse. We need to stop digging our own grave with all these bailouts and TARPS. Read more »

26
Aug

Vacant Homes Pose Insurance Risks

San Diego real estate market

San Diego real estate market

California Insurance Commissioner Steve Poizner is encouraging California homeowners to review their homeowners’ policies and to consider their options regarding vacancy protection. According to Commissioner Poizner, vacant or unoccupied homes can leave the homeowner exposed to loss and liability that may not be covered by their insurance.

Homeowners’ policies are intended to insure occupied homes. Generally home insurance policies include exclusions for neglect or property abandonment on a home left vacant or unoccupied for a specified number of consecutive days. Vacant and unoccupied homes pose a higher risk for damage than occupied homes, so insurance companies insure these properties differently and usually at a higher price.

San Diego attorney

25
Aug

New-Home Sales Fall in July

real estate new home sales

real estate new home sales

Yesterday it was existing home sales off double digits. Today it’s new home sales for July also off double digits with a fall of 12.4%.

The Commerce Department just reported July new home sales at a seasonally adjusted rate of 276,000,  way below the expectations for a rate of 334,000 sales.

Read more »

24
Aug

Existing Home Sales Fall 27.2%

home sales

home sales

Existing home sales in the month of July fell by more than economists had anticipated, according to a report released this morning by the National Association of Realtors.

What is surprising is that they say economists were surprised by the news.

Read more »

23
Aug

San Diego Real Estate Market Bottom

San Diego real estate market

San Diego real estate market

Sure enough at some point ( sooner if the government stop to intervene at the rate it has been ) San Diego housing prices will hit bottom and the inventory will start to diminish ; some time after that, construction will resume and the economy will very slowly but surely start to grow again in a meaningful way ; but politicians are too impatient and their actions will delay this natural process , however given time market forces will trump political shortcomings ( it may take a number of  years ) ; yes, I would vote Republican in November, but not expect any miracles from their retaking charge .

Fort Lauderdale bail bonds