Home Mortgage Rates
real estate news
Home Mortgage Rates
There is some good real estate news out there, you just have to look hard to find it. Freddie Mac, that used to be quasi-government entity, that’s now 100% government owned, and loaded with what many believe are trillions in worthless mortgages, recently released a report showing that home mortgage interest rates have been steadily declining. Read more 
Home Sales Market For Arizona
Home Sales
This video provides a good insight into how our neighbor state, Arizona, is also battling through our real estate housing malaise:
View San Diego homes listed for sale in the San Diego MLS
San Diego Home Prices -San Diego Home Sales Drop
San Diego home prices and San Diego home sales both slipped in July. This was the conclusion from the latest report released by Dataquick, a real estate tracking company.
San Diego County home sales dropped 0.9 percent in July, compared to a year ago, while prices fell by 3.8 percent.
One should keep in mind that if this latest report is comparing home prices and home sales to a year ago, the San Diego real estate market at that time was also extremely weak. So, to have a drop from the July 2010 levels, is ominous in and of itself.
What’s being overlooked here, is the fact that this drop in both sales and home prices is occurring during this seasonally strongest time for real estate sales!