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Alpine Condo for Sale

Alpine Condo For Sale

Beautiful, Affordable Alpine Condo FOR SALE SOLD in 4 Days for $221,000. Buy a condo for Christmas and have a Happy New Year! This is your chance to own a beautiful condo in a great complex in the amazing city of Alpine and your monthly payment is likely to be less than rent! Its open floor plan makes this 2 …

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Homeowner equity is growing in San Diego and Nationally

September 2012 HUD Housing Scorecard shows signs of improvement. We are making progress in the National Housing Market according to the U.S. Department of Housing and Urban Development (HUD), U.S. Department of Treasury.  The following was part of their September 2012 National Scorecard: “Rising home values have brought homeowner equity to its highest level since the third quarter of 2008 …

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2013 California Housing Market Forecast Just Released

California housing market to continue improvement; lack of inventory to hamper sales   October 2, 2012 – “California’s housing market will continue to recover in 2013, as home sales are forecast to increase for the third consecutive year and the median price to rise for the second straight year, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) ‘2013 California Housing …

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San Diego home sales hit 6-year high

This is an enlightening article published by the Union Tribune Today, 09-17-12, it was written by Lily Leung. It is about San Diego home sales. It was the busiest month for San Diego County home buying since 2006, while home prices continue to hold at four-year highs, Thursday’s DataQuick report shows. The county in August recorded 3,981 residential sales, the …

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Are appraisers fears killing the real estate recovery in San Diego?

Appraisals have always been a serious issue when it comes to closing a real estate transaction, but recently it appears that the fear of reporting increases in value in San Diego may be significantly hindering the real estate market recovery. In many areas of San Diego the real estate market is improving rapidly, yet many appraisers are valuing properties significantly …

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Record Low Mortgage Rates – Refinance or Buy NOW

Mortgage rates hit new lows again this week, driven by growing concerns about the health of the U.S. economy that have also fueled speculation that the Federal Reserve will soon embark on a third round of “quantitative easing,” or QE3, to encourage borrowing and fuel growth. Freddie Mac’s weekly surveys of lenders show rates on 30-year fixed-rate prime mortgages available …

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81% of Adults Think Buying a Home is the Best Possible Investment.

Positive News fromPewResearchCenter “The five-year swoon in home prices has done little to shake the confidence of the American public in the investment value of homeownership. Fully eight-in-ten (81%) adults agree that buying a home is the best long-term investment a person can make, according a nation wide Pew Research Center survey of  2,142 adults conducted from March 15 toMarch 29, 2011.” …

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It’s Looking Better and Better to be a Home Seller in San Diego

Wondering how home sales are going in San Diego’s East County?  It is starting to look like times are improving.   We still have historically low mortgage rates, so it is the perfect time for home buyers.  And now that prices are starting to tick up, it is also looking better for home sellers.  Maybe it is time to sell …

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Tight Supply in May, Prices Continue to Gain

WASHINGTON(June 21, 2012) – Limited supplies of housing inventory held back existing-home sales in May, but sales maintained a strong lead over year-ago levels and home prices are on a sustained uptrend in all regions, according to the National Association of Realtors®. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, declined 1.5 percent to a …

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Home Shadow Inventory Drops to Lowest Level in 3 Years

Shadow inventory looming overCaliforniaand theU.S.housing market hit its lowest level in nearly three years in April, according to a report from real estate data aggregator CoreLogic.  At the same time current inventory is also declining inCaliforniaand regionallySan Diego. The shadow inventory, also known as pending supply, is calculated by estimating the number of distressed properties that are seriously delinquent, in foreclosure and …