San Diego Homes

The Time to Sell Your Home is Right Now

Right now, there is a 90 – 120 day “window of opportunity” to sell before we see the majority of the foreclosures hit the market. Waiting to sell until winter or the beginning of next year will probably guarantee you one thing, a lower selling price. Continue reading

1,837 San Diego Home Defaults in March

This news may seem a little dreary, but we’re on an upward trend in San Diego County. March defaults were down 19% over one year ago. (When a homeowner hasn’t paid their mortgage for 3 months, a notice of default goes out.) According to the analysts at DataQuick Information Systems, San Diego County has 1,837 homes that are at least 3 months behind on their mortgage. According to the US Census Bureau, in 2009 596,414 families owned their own home. We all know that the number has fluctuated, but we can clearly see that the ratio of people defaulting on loans is small compared to the number of homeowners.
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What’s Up With The Shadow Inventory of Foreclosures?

The inventory of foreclosure homes dwindled in the 4th Quarter of 2010. Foreclosures dropped 51% in the 3rd quarter of 2010. Does this mean that the worst of the challenges with the distressed properties are behind us? Unfortunately, no. The issues that the banks had with the Robo-signing and MERS just caused a slow down of the foreclosure process dramatically. Foreclosures aren’t disappearing, they’re just being delayed. Continue reading

San Diego Homes – Home Prices Fall in August

For the past 15 months the average price of a home in San Diego has risen. Home prices declined in August in San Diego and all over the country. According to the Standard & Poor’s/Case-Shiller Home Price Index, San Diego’s … Continue reading

San Diego Foreclosures Frozen by Lenders

The San Diego homes market is looking good. We’re in probably the best market in the US, with the most gains in home prices and number of homes sold over the past 6 months. Bank of America Foreclosure Moratorium Last … Continue reading

San Deigo County Foreclosure -vs- Short Sale

Mindi Landry has 34 years of experience in helping you sell or buy a home. She can answer all of your short sale questions, because she’s handled so many of them. Feel free to contact her at (760) 737-3767. San … Continue reading

The Advantages and Drawbacks of Buying a San Diego County Foreclosure Property

Most people think that when they buy foreclosures in San Diego they are getting a fantastic deal. That may be true, but there can also be some drawbacks. While the home is in foreclosure, but before it goes to auction: … Continue reading

San Diego Forclosures – Ok, where’s all this “shadow inventory”?

If we sit around waiting…this fantastic market’s going to pass us by! Lowest interest rates and low prices. Hmmmmm…sounds like the time to buy! Don’t let the bank’s “inventory” hold you up.

First Time Home Buyer Assistance Programs

Want to purchase a homes in San Diego County, but can’t figure out how to come up with the down payment? Here are some programs that may assist you. These are for first time home buyers. For these guidelines, a … Continue reading