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3
Jun

San Diego home price appreciation

San Diego home price appreciation

San Diego home price appreciationIn a it was shown that San Diego home appreciation continued in April at a rate of 5.3% over April 2014. Surprisingly, San Diego’s home appreciation was lower than the national average for April, which came in at 6.8%.

The fact that home mortgage rates remain under 4% has been a boost to the housing market and home appreciation throughout the country. The other main factor affecting home appreciation is the fact that here in San Diego there is a supply demand imbalance. There is a shortage of homes for sale creating a very tight market. Read more »

21
May

Ronald Reagan Memorial Day Video

Ronald Reagan Memorial Day Video

An outstanding tribute to America and those who served their country. This video is a proper way to remember them by the best President in modern history. Please share this.

In every age there are heroes. You want to know the true definition of a hero? He is the man or woman, no matter how brave or important… That are the people who are there when action is called for. They act when the act is necessary, irregardless of their own situation. They aren’t trying to be a hero. Most times they want more than anything else to live…not sacrifice their own lives. But they were the right person, at the right time…and they became human, and they inspire us all.

Read more »

15
May

San Diego Real Estate Market – One of the hottest for home sales

San Diego Real Estate Market

San Diego real estate market, San Diego real estate broker

Bob Schwartz, San Diego real estate broker

The San Diego real estate market is one of the hottest markets. currently for home sales, based on recently released industry reports. To clarify, were talking about the length of time the average MLS home listing takes to sell. Naturally, this just means the time that it’s shown on the market that an offer has been accepted, the final closing usually occurs within 30 or 45 days from the acceptance. How quick a MLS home listing has an accepted offer on it is the number one indicator of the strength and popularity of real estate in any city. Read more »

2
May

San Diego Home Prices

San Diego Home Prices Gain

San Diego home pricesThe latest S&P Dow Jones Indices for February 2015 show that home prices continued their rise across the country over the last 12 months.

Home resale values rose 5.1 percent from January 2014 to January 2015. The pace is down from the 19.4 percent annual growth seen in January 2014.

San Diego’s annual gain ranked 10th out of the 20 cities it measures. Denver, Dallas and Miami had the biggest growth, of more than 8 percent, while Washington, D.C., and Cleveland both saw growth slower than 2 percent. The 20-city composite rose 4.6 percent over the year.

Read more »

24
Apr

Luxury Homes

Luxury Homes made more expensive by new zoning restrictions.

With some cities tightening zoning rules, unique homes that predate the code revisions may have an edge in the resale market.

Although the trend to build mega-mansions and mini-mega-mansions has subsided, various cities are enacting new zoning restrictions against them. It would seem that these new restrictions are actually boosting the resale values of the existing luxury homes.

Read more »

16
Apr

New Government First Time Home Buyer Education Program

First Time Home Buyer Online Education that Pays

first time home buyerFannie Mae has a new online first time home buyer education course, the HomePath®Ready Buyer program, qualifying first-time homebuyers to receive up to three percent of the purchase price in closing cost assistance toward the purchase of a HomePath property, upon completion of an online homebuyer education course. Fannie Mae also will reimburse the $75 cost of the home buyer education course at the time of closing.

“Purchasing your first home can be an overwhelming process,” said Jay Ryan, Vice President of REO Sales, Fannie Mae. “We developed the HomePath Ready Buyer program to provide first-time homebuyers with the knowledge to make informed decisions as they navigate the complexities of the home buying process. Closing cost assistance provides a cushion many first-time buyers need to more confidently face the financial responsibilities of homeownership.” Read more »

7
Apr

Real Estate – Exit from the Cities

Real Estate – Millennials Prefer Suburbs

I’m sure this current survey showing that millennial’s prefer suburban living versus the downtown city lifestyle will cause much anxiety within the bureaucratic social engineering crowd.

Here in San Diego, there is no doubt that local government would love to have the majority of the populace be concentrated within the city boundaries. Sure, urban versus suburban living has its advantages as well as disadvantages. Bureaucrats and realtors could argue the pros and cons for an eternity. But, in my eyes. It boils down to the fact that beauty is in the eye of the beholder. Read more »

24
Mar

Real Estate February 2015

Real Estate Market Feb 2015

The National Association of Realtors latest report on the housing market shows that home sales rose a modest 1.2% in February.

San Diego home prices - real estateThe home sales, inventory remains very tight and is limiting the selection of homes for first-time buyers. Last month the home sales inventory was down by half a percent. At this time of year the inventory of homes for sale should be averaging about 5.6%, according to the National Association of Realtors. Read more »

17
Mar

Happy St Patrick’s Day

Happy St Patrick’s Day

St Patrick's Day

7
Mar

San Diego California Real Estate

San Diego California real estate

Bob Schwartz San Diego real estate broker with over 30 years of residential real estate experience. – CA Lic. # 00706331

Put Bob’s 30 years of residential real estate experience to ensure that my clients achieve the best possible price marketing or selling residential real estate in the San Diego California real estate market! Read more »