San Diego Home Prices Jump 19.3%
San Diego Home Prices
Standard & Poor’s Case-Shiller Housing Price Indices released today, showed San Diego home prices increased by 19.3% in July 2013 vs July 2012!
Of the 20 cities tracked by S&P Case-Shiller only four cities showed a better (than San Diego home prices) July home price increase!
San Diego Home Prices
Mortgage Rate Increases Kill New Home Sales
New Home Sales
Just out – The Commerce Department reported U.S. sales of newly built home dropped 13.4 percent. That’s the lowest pace in nine months!
Up to this point, the new home sales rose 7 percent in the 12 months ending in July. Read more 
Home Foreclosures Near 6-year Low
Home Foreclosures
RealtyTrac Inc. reported today that the US housing market is on track to finish the year with the fewest homes repossessed by lenders in the last six years!
Last month lenders 36,964 homes, this was down 31% from July 2012! Home foreclosures are projected to be approximately 490,000 this year, although the sound like a lot, it’s actually down approximately 27% from last year’s totals. Read more
San Diego Home Sales at 7 Year High
San Diego Home Sales
It was just reported today by the La Jolla real estate tracking company DataQuick, that San Diego countywide sales total hit a 7-year high.
There were 25,419 new and used homes and condominiums sold last month in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties. Read more
San Diego Real Estate Client Testimonial
San Diego real estate client testimonial
As a San Diego real estate professional, there is no greater satisfaction when I’m able to successfully meet the real estate needs of my clients. Naturally, when representing San Diego home buyers, getting them the best possible deal with in their price range is the objective. Read more