Need Cash? More Second Mortgages Available Now!

Lenders granting more second mortgages as home values rise An increase in second mortgages reflects major lenders’ growing confidence that the real estate market has finally made the turn to recovery. Read the full story here – in the Los Angeles Times   Ronald Brookshire, SFR President, Broker, REALTOR®, DRE# 01050798 The Property Place, Inc. 619-279-4258 EMAIL www.PropertyPL.com “Recognized, Respected, …

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 …

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 …

Short Sale Guidelines are Streamlined to Improve the San Diego Market

In a recent press release Fannie Mae, a federally chartered entity that enhances liquidity in the mortgage market, announces streamlined short sales processes that may help continue to stabilize the San Diego Real Estate Market. Streamlining will reduce the sales time line and improve pricing. The new guidelines streamline documentation requirements, waive deficiencies for borrowers that successfully complete a short …

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 …

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 …

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.” …

Improve, Save & Prep to Sell You Home

One way to save money on utility bills and make your home more attractive to potential buyers is to add ceiling fans.  Ceiling fans are both functional and decorative. They are particularly useful in the summer, since they can reduce energy usage while creating a cool breeze. They can also be used in the winter to gently pull heated air …

A Water Feature Can Help You Sell Your San Diego Home!

When you are preparing to sell your home inSan Diegoor Alpine CA the sights and sounds of a water feature can help create a comfortable, attractive environment for a potential home buyer.  A running water feature can help to make them feel immediately comfortable, which is one of the first steps towards getting an offer. If the home seller has …