Home Foreclosures up 6 pct

2010 August 16
Home foreclosures

Home foreclosures

RealtyTrac Inc. reported last week that lenders repossessed 92,858 properties last month, up 9 percent from June and an increase of 6 percent from July 2009.

July marks the eighth month in a row that the pace of homes lost to foreclosure has increased on an annual basis.

read more…

SDSU Home For Sale – Huge 3Br+FamRm 2.5Ba Spanish TwnHm Just Reduced

2010 August 12
Bob Schwartz, CA Lic.#00706331 | www.brokerforyou.com
| 619-286-5604
3640 Mission Mesa Way, San Diego, CA

Large, Modern 3Br.+Fam. Rm./2.5Ba Spanish Townhome

Bob Schwartz, CA Lic.#00706331

|                       www.brokerforyou.com
619-286-5604

3BR/2+1BA Townhouse
JUST REDUCED to just $389,900
Year Built 1984
q Footage 1,802
Bedrooms 3
Bathrooms 2 full, 1 partial
Floors 3
Parking 2 Car garage
Lot Size Unspecified
HOA/Maint $160 per month

see additional photos below

DESCRIPTION

Extremely desirable and rarely available ‘D’ plan. This is the largest model in Mariposa! Sunny ‘end’ location! Plus, it’s located in a quiet ‘inside’ location facing a green-belt!

Recently installed new kitchen appliances & finished elegant MBA remodel.

This model is actually larger than many SFH’s in the neighborhood! Plus, it’s only attached on one side & faces a green-belt. Tile entry flooring, classy wallpaper, vertical blinds & draperies, newer paint in kitchen creates an elegant modern atmosphere. Plus, whole house fan, dramatic vaulted ceilings. Family room w/raised brick fireplace. Functional breakfast nook.

Elevated dining room. Large library area, perfect for in-home office. The spacious Master Bedroom has walk-in closet. Good size patio w/added gate is perfect for al fresco dining or lazy afternoons.

This Spanish townhome combines warmth, comfort, and efficiency. All windows dual glazed for energy conservation. Copper water lines installed! Attached 2-car garage w/ newer opener & direct access into home. Complex has solar pool, spa!

Mariposa is a world away in feeling . . . a world of green hillsides, natural canyons, the San Diego River, and a very attractive community. Right next-door is the 5,700-acre Mission Trails Regional Park, one of the nation’s largest urban-area parks, a preserved wonderland of rugged backcountry, deep gorges, wood-shaded creeks, lake and hiking trails. Truly, a very unique place to live and share in all that San Diego has to offer without a long commute. Low $160 dues!

JUST REDUCED

Value Ranged $389,900 to $419,900

All measurements are approximate. Sq. Ft. is per builder’s flyer. Seller to select all related services.

Shown by appointment only!

Call:


Brokerforyou.com Bob Schwartz

at:

Contact info:
San Diego Realtor
Bob Schwartz CA Lic#00706331
(619) 286-56


San Diego MLS listings

REDUCED San Diego 3Br-3Ba Lg. TwnHm

2010 August 11
3644 Mission Mesa Way, San Diego, CA
San Carlos 3Br. TownHm VALUE!
3BR/3BA Townhouse
Extremely desirable, 3BR/3BA in Mariposa! Nice ‘inside’ quiet location w/MBR facing green-belt. Newer Berber carpeting & elegant tile flooring. Popcorn ceilings removed. Upgraded MBA. Mirrored closets – Ceiling Fan – Raised brick-hearth fireplace – Covered front patio.
Great 3Br. value in popular community! Located in sought-after, quiet, ‘inside’ location! Enjoyable front patio area. Additional laundry room, spacious master bedroom w/vaulted ceiling and mirrored closets! Elevated dining room with pass-through to kitchen. Quality kitchen cabinets, tile counter tops, trash compactor, water line for ice maker. This Mariposa Spanish townhouse combines warmth, comfort, and efficiency. All windows dual glazed for energy conservation. Attached two car garage w/opener and direct access into home. Complex has solar pool and spa. Easy walking distance to a city park as well as Mission Trails 5,700 acre Regional Park. All measurements are approximate. Sq. ft. per tax rolls. This is really a must see home and community! JUST REDUCED Value Ranged Priced: $339,900 to $365,000. Low $160 dues. Seller to select all related services.

Show by appointment only!



Contact info:
Bob Schwartz CA Lic#00706331
(619) 286-5604

San Diego MLS listings

Equal Opportunity Housing

Homeowners – New Treasury Department $1 Billion Zero-Interest Rate Loans

2010 August 11

Government homeowner loans

Government homeowner loans

The Treasury Department says it will send $1 billion  to a new program being run by the Department of Housing and Urban Development. It will provide homeowners with emergency zero-interest rate loans of up to $50,000 for up to two years.

Let’s hope a condition of these loans is that the homeowners are personally liable for the repayment. But, if just the home is the security for the loan, we’ll just see many more strategic defaults.

San Diego bail bonds

San Diego Real Estate Market Facts

2010 August 11
San Diego real estate facts

San Diego real estate facts

In a recently released report, the real estate site Zillow reported the following for the San Diego real estate market:

  • Off the peak: Home values here have plunged 29.7 percent from September 2005, which zillow.com considers the region’s peak. read more…

Could Home Prices Fall 20% From Here?

2010 August 10
by Bob Schwartz

home prices

home prices

According the US Housing Market Monthly report by Capital Economics released yesterday, home sales have yet to hit the trough of the recession.

Further, the economics firm states that pending home sales will do little to push home sale numbers higher. In fact, the number of pending home sales is so diminished, down 32% in the wake of the tax credit expiration, that existing sales will only dip in the coming months as these mortgage agreements are finalized. read more…