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31
May

Home Prices Gain in March

Home Prices Gain

home improvement - US Homeownership home prices gain

The S&P Case-Shiller index for March was just released today.On a national basis, this index showed a 5.2% gain from home prices in March 2016. This again was actually down slightly from 5.3% in February.

The highest year-over-year home price gains were shown by Portland, Seattle, and Denver. Portland led the way with a 10.3% year-over-year home price gain. This was followed by Seattle which had a 10.8% gain, and third-place was Denver with a 10% gain.

Here in San Diego California the S&P Case-Shiller index showed that for March our home prices increase by 1% from February 2016. On a year-over-year basis, San Diego’s home prices gained 6.2%. Read more »

28
May

Memorial Day 2016

Memorial Day Tribute

We pause to take solemn remembrance of the men and women who have given their lives for their country and for their loved ones who have suffered a great loss here at home. To all those serving or have served in the military, we appreciate your service to our country.

Memorial Day Tribute

20
May

Real Estate Neighborhood Income Diversity

Real Estate Neighborhood Income Diversity

If you read my post yesterday, save your time and skip this video. This video is just basically a transcription of my post yesterday into video format.

 

 

 

 

Real Estate Neighborhood Income Diversity
19
May

San Diego Real Estate Neighborhood Income Diversity

San Diego Real Estate Neighborhood Income Diversity

San Diego Real Estate

San Diego real estate neighborhood diversity may soon be coming to your neighborhood! What I’m talking about here is income diversity. Yes, this is the latest ‘under the radar’ utopian social engineering being pushed by the Obama administration.

The administration is using the Department of Housing and Urban Development (HUD) to implement the new neighborhood income diversity program. The Obama administration is moving to implement income housing diversity in the upscale and wealthier neighborhoods across the country.

These new HUD regulations which were quietly implemented  last year, are applicable to all cities and communities that accept HUD funds for low-income affordable housing developments, currently, there are approximately 1250 communities nationwide (including San Diego County) that would be affected under these new regulations. Read more »

15
May

Is America headed for an imminent recession?

Are we near an imminent recession?

Jim Rogers America’s İmminent Recession, America’s Tax System, China’s Bubble.

Trouble did not start in China. China slowed production, because the world stopped buying. So the trouble started outside of China.  Read more »

5
May

San Diego Real Estate Traffic

San Diego Real Estate Traffic

Central Library San Diego - San Diego housing market forecast

Unique real estate website traffic

Below is a graph showing our unique traffic to www.brokerforyou.com for the first four months of 2016 this site has been able to generate over 25,340 unique visitors per month!

I should explain here, that unique traffic to a website is totally different than website hits. Actually, website hits is just a measuring how many different graphics are loaded onto pages when they are accessed. Another words, if someone visits your homepage and you have one 23 graphic elements on that page, this will count as 23 hits.

Now, looking at unique visits one person visiting your site will only be counted once from the same computer or mobile device in a 24 hour period. So again in our example, one visit here will show up as one unique visit and even if that same person was to go back to the site three or four more times during the next 24 hour period it would not count again toward unique visits. Now, I should say that’s assuming that they use the same mobile device or the same computer to access the site. Because the website counts the unique IP address on each one of these devices and more than one visit in a 24 hour period from the same IP address will be ignored.

So, you can see that looking at unique website visits is really the best gauge for popularity of a website. Read more »

29
Apr

U.S. Homeownership

US Homeownership falls in first quarter of 2016

home improvement - US Homeownership

The United States Census Bureau just reported that for the first quarter of 2016 US homeownership actually fell to 63.6%! As a comparison, the homeownership rate it a high of 69 4.4% in 2004 during what many consider the biggest housing boom in US history.

Currently the US homeownership rate is now only 1/10 of one basis point higher than the all time low heat in the second quarter of 2015! Read more »

26
Apr

Home sales fall

New home sales fall in March

home sales -San Diego home price appreciation - home sales fall

Even in light of historic low mortgage rates new home sales have been for the third month in a row. March figures which were just reported, show that new home sales were down 1.5% according to the Commerce Department’s report.

Home sales fall

The rate of new home sales as steadily dropped since January 2016. The Commerce Department’s report also showed a huge sales dropped for new home sales in the West. The West showed a drop of 23.6% in March. The only good news in this report as far as new home sales go was the fact that on a year to date pace compared to 2015, we are slightly ahead in the number of sales this year. Read more »

22
Apr

San Diego Housing Bubble 2016 ?

San Diego Housing Bubble 2016

California real estate - New California Real Estate Tax - Housing Bubble 2016

California Real Estate

Is there a San Diego housing bubble that’s going to burst sometime soon?

Usually it would be very rare on a real estate agents or real estate broker site that have a post about the possibility of another real estate bubble. But, with that said real estate brokers and real estate agents are not economist and basically we in a sales industry, where to be successful you must be optimistic. Now, there’s nothing wrong with being optimistic about your industry. The problem is when industry insiders become overly optimistic and operate with a set of blinders.

This is exactly what happened in the San Diego real estate bubble that started in 2005. I was lucky enough to be one of the very few San Diego real estate professionals who in the summer of 2005 wrote extensively about what I saw as an eminent San Diego real estate market crash. Read more »

15
Apr

San Diego Realtor lockboxes

San Diego Realtor lockboxes

San Diego real estate lockbox - San Diego Realtor lockboxes

Sentrilock Realtor LockAt the Board these cost over $146 + Tax

I have 10 of these lockboxes. Some are totally brand-new, never used. Most have brand-new batteries installed.

Just $100 each while they last.

Bob 619-286-5604