Waiting Time Reduced for Short Sale, Foreclosure and Bankruptcy
Finally, some good news for people who were hit hard by the recession. Watch Kim's short video below to learn more.
Finally, some good news for people who were hit hard by the recession. Watch Kim's short video below to learn more.
It's amazing to look back over the last several months and see what has happened to the market. For the most part, we all knew the market would come back but many of us didn't expect it to happen so quickly and with such force. While home owners have enjoying higher and higher values, many [...]
Here are three great reasons to consider buying a home today instead of waiting. 1.) Prices Will Continue to Rise Standard & Poors recently upgraded their 2013 forecast for the S&P/Case-Shiller Home Price Index to an 11% year-over-year increase from their original 8% projection. The Home Price Expectation Survey, which polls a distinguished panel of [...]
We often talk about the potential cost of waiting to buy a home. Today, we want to look at the actual cost for someone who waited over the last year. We used a 10% increase in house values as prices have gone up by double digits in San Diego on average. We looked at approximate [...]
The Home Price Expectation Survey is an interesting survey where some of the best minds in real estate, economics and finance offer there projections for where the market is headed. They're asked a number of different questions and the chart below indicates where they see home appreciation heading by 2017. It's interesting to be able [...]
It's funny to see how many people are trying to compare the market that we are in now to the madness that happened back in 2004-2007. Take a look at these numbers from Trulia comparing home prices.
DataQuick published a long press release today covering a truckload of real estate market stats for the Southern California market. Among them, the one I found most impressive was that San Diego County median home prices climbing more than 21% from May 2012 to May 2013. As you can see from the table above, San [...]
The real estate community is often criticized for always seeming to have a Pollyanna attitude about the housing market. Many believe that the industry’s current call ‘to buy now’ is nothing more than a scare tactic with the sole purpose of creating more commissions for the industry. Let’s take a look at whether or not [...]
The San Diego Association of Realtors data indicates that San Diego's median home price has shot up by 23% in the last year! The news is even better for condo owners (who, incidentally also took a bigger hit to home value when the market dropped) with a 37% increase. Astonishing! While this is good news [...]
You know, waiting a year to buy a home doesn't seem like much...until you do the math. Take a look at what a 5% increase would add to the price of the home that you've been "thinking" of buying. OUCH!