San Diego California real estate blog

Whether investing in real estate or the stock market, one should not ignore losses because of an irrational belief in the mantra "I'm investing for the long term.” Smart investors always set stop loss points to limit their downside risk. *To view the full post and chart graphic, please visit the ...

DataQuick, a San Diego based real estate tracking company released a report showing the median price for homes and condos in San Diego California tumbled to $300,000 last month from $445,000 in October 2007. The good news is that there were 21,532 homes and condos sold in Southern California last...

Bob Schwartz | www.brokerforyou.com | 619-286-5604 8028 Mission Vista Drive, San Diego, CA San Carlos 3Br/2.5Ba w/Mountain & Canyon Views 3BR/2.5BA Townhouse offered at $405,000 Year Built 1983 Sq Footage 1,538 Bedrooms 3 Bathrooms 2 full, 1 partial Floors 2 Parking Unspecified Lot Size 3,571 sq...

A survey by the Center for Studying Health System Change found that nearly 20 percent of Americans report having difficulty paying medical bills. The global economic crunch is forcing a growing number of Americans to scale back on medical care. Consumers are pushing off seemingly less-urgent serv...

The Conference Board's most recent Consumer Confidence Index™ hit an all-time low in October. Lynn Franco, director of The Conference Board's Consumer Research Center said: "Looking ahead, consumers are extremely pessimistic, and a significantly larger proportion than last month foresees business...

Local market patterns frequently differ from state and national trends. Differences in housing markets become more apparent when you compare neighborhoods, communities, and counties. For example, in some markets home prices may have fallen by large margins, even as much as 50 percent from their p...

Today, the Federal reserve cut it's federal funds rate, the interest banks charge on overnight loans, by 1/2% to 1 percent. The last time funds rate was lower than this was in 1958. Will other rate cuts be in the offing? Some analysts think so.* To read the full post, please visit the San Diego C...

  Actually, this news may help homeowners in trouble throughout the U.S..The Hope For Homeowners (H4H) initiative that was part of the July stimulus package began to be implemented Oct. 1.The H4H program allows troubled homeowners to keep their home, while enabling lenders to receive a Federal Ho...

The Standard & Poor's/Case-Shiller 20-city housing index dropped a record 16.6 percent from August last year, the largest drop since its inception in 2000. The 10-city index plunged 17.7 percent, its biggest decline in its 21-year history. *To view the full post, please visit the San Diego real e...

It's a shame, but in today's San Diego real estate environment, home lenders have taken on the personification of evil. It seems we are always hearing about San Diego banks or home mortgage lenders who do not want to work with homeowners in trouble. Though this may have held some validity a year ...