San Diego View Condo For Sale
Just listed, a great Fashion Valley golf course view condominium.
Rarely available Lg. 1Br. w/panoramic eastern golf course views! Over $20k in upgrades! Simply beautiful – move-in ready! Elegant shutters, crown molding, newer Mba tub/walls/Ba doors. Newer Berber carpeting, Mirrored closets, ceiling fans, kit spots, gas fireplace w/wood mantel. Balcony entry from LR & BR. This is real LUXURY FOR LESS! Live in the heart of San Diego in a luxury resort-like, security community!
This home is value-ranged priced from $249,900 to $269,900. To view additional photos/details: San Diego condo for sale
Home Foreclosures Provide Lift For Rentals
home foreclosures
Former homeowners who lost their properties to foreclosure are now pouring into the rental market.
Renters surged into the U.S. apartment market in the third quarter, pushing up rents and driving down vacancies.
The national vacancy rate fell to 7.2% in the third quarter from 7.8% the second quarter, one of the sharpest drops on record, according to New York-based real estate research firm Reis Inc. Rents increased 0.6% to an average of $980 a unit over the same period as landlords were able to cut back on free rent and other incentives that had been used to attract and retain tenants in a weak market.
Clairemont real estate
Get Government Out Of The Housing Market
Housing Market
I’m all for removing government intervention in the housing market. But I also understand the pain we might have to endure if we did it all overnight. Perhaps instead of constantly looking for new ways of intervening, the government ought to start down the road of reducing future intervention by making the future purchase of new homes (those that haven’t gone beyond the planning stage) not eligible for any type of government backed loans. If buyers can come up with enough down payment to satisfy lenders to provide a loan free of government support, fine. Otherwise, let buyers seek already built homes. This is critical to removing more new supply from a market stock full of foreclosures. This might have a positive effect on home values, while also starting us down the road of less government intervention. Read more 
Bank’s Decision to Delay Foreclosures
home foreclosure delays
The news of major banks halting home foreclosures will have an adverse effect not only on the tepid recovery, but also on the entire economy. Yes, the longer the banks delay home foreclosures, the later the ‘real’ housing recovery can start.
Housing has generally represented 17-18% of the nation’s economy, as measured by Gross Domestic Product. With almost a fifth of the economy enduring pain as a large number of foreclosures grind through the system, the new normal of higher unemployment and slow growth appears to be the most likely course of the economy. Read more
San Diego Fashion Valley Condominium For Sale
San Diego Golf Course View condominium for sale
This is REAL LUXURY FOR LESS!
San Diego condominium for sale - Golf Course VIEWS!
VIEWS – VIEWS! Rarely available Lg. 1Br. w/panoramic eastern golf course views! Over $20k in upgrades! Simply beautiful – move-in ready! Elegant shutters, crown molding, newer Mba tub/walls/Ba doors. Newer Berber carpeting, Mirrored closets, ceiling fans, kit spots, gas fireplace w/wood mantel. Balcony entry from LR & BR. This is real LUXURY FOR LESS! Live in the heart of San Diego in a luxury resort-like, security community!
This home is value-ranged priced from $249,900 to $269,900
To view additional details & photos, please click: San Diego condominium for sale
San Diego Mortgage Default Rate Drops
San Diego foreclosures
According to MDA DataQuick, a real estate analysis firm based in La Jolla, during the first half of this year, there were 5,458 notices of default in San Diego County and 3,315 foreclosures. The San Diego real estate default rate has dropped nearly 45 percent from last year!
A 45% decline in San Diego home foreclosures sounds good on the surface, but, one should be aware of the fact that the huge number of San Diego short sales was the main cause of the drop in foreclosures.
If one considers the number of San Diego short sales, the actual San Diego foreclosure rate has slid less than 6 percent.