Terms to Know When Buying or Selling a Home

The real estate industry, like most others, uses jargon that is sometimes difficult to understand. Consider this a primer to learning a few of those terms!  Below you have a step by step definition that will make you sound “in the know” when buying or selling a home. “CLOSING” – Closing refers to the final steps…Read More »

2012 – An Affordable Time to Buy a Home

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A combination of historically low mortgage rates and declines in home pricing are resulting in the most affordable home market in two decades. This is great news for home buyers, provided they are able to qualify for a loan. Stricter guidelines and qualifications may make getting a home loan more challenging, so potential home buyers…Read More »

“Robo-Signing” Agreement Assists Homeowners

Mortgage lenders are in the news again, only this time it’s not Freddie Mac and Fannie Mae in the hot seat. If you purchased a home through GMAC (now Ally Financial), Bank of America, JPMorgan Chase, or Citibank, you may want to take note. Last week’s settlement of $25 billion is proposed to aid homeowners…Read More »

Buying & Selling a “Green” Home by Jaime Silva

While the decline in new home construction may have some feeling “blue,” those of you who embrace a “green” lifestyle will be excited to hear about the latest projections. “Green” remodeling is a growing trend in the real estate industry! In fact, McGraw-Hill Companies, revealed last week that 17% of residential home building in 2011…Read More »

Mortgage Rates Dip Again

Mortgage Rates Dip, Reaching Another Record Low Daily Real Estate News | Friday, September 09, 2011 For the second time in a month, fixed and adjustable-rate mortgage rates set new record lows this week, Freddie Mac reports in its weekly mortgage market survey. The previous record lows were set Aug. 18. Economic uncertainty and employment…Read More »

Carmel Valley, 92130 | July 2011 Home Sales

Within the month of July (07/01/2011 thru 07/31/2011), there were a total of 33 single family detached homes sold within Carmel Valley (92130).  The following are a few quick real estate stats for the month pertaining to the local Carmel Valley real estate market: July 2011 Average Square Feet:  3,404 s.f. Average List Price:  $1,134,154…Read More »

August 2011 HomeDex Report for San Diego

The following is a brief summary from the North San Diego County Association of Realtors (NSDCAR) August 2011 HomeDex report.  If you would like to receive a full copy of the report, please contact us:   The August 2011 HomeDex™ Report provides July 2011 housing statistics. The median price for all North County home sales…Read More »

Jumbo Loans & Lower Conforming Limits

We have been discussing and providing pertinent information regarding the September 30th deadline for the conforming limit changes.  The following excerpts are applicable to Coastal North County San Diego, including:  Carmel Valley, Solana Beach, and Del Mar.  Based upon the multitude of articles and recent information being provided towards the new limits, it appears that…Read More »

Who Will Lead The Housing Market Recovery?

Gen Y to Lead ‘Massive Increase in Housing Demand’ Daily Real Estate News | Wednesday, July 20, 2011 Watch out for Generation Y: This large, diverse, well-educated generation will drive the housing market recovery over the next 10 years, according to economists with the University of Southern California Lusk Center for Real Estate. Gen Y…Read More »

Pacific Highlands Ranch | New Communities Coming Soon

Pardee will soon be adding two (2) new communities to Pacific Highlands Ranch within Carmel Valley. Hampton Lane Hampton Lane will feature three (3) floorplans each featuring four (4) bedrooms and ranging from 2,390 square feet to 2,630 square feet.  Pricing will start from the $700’s. Brightwater Brightwater will feature three (3) floorplans each featuring…Read More »