by arnielevine | Oct 28, 2021 | Current Affairs, Riverside foreclosure news, San Diego Foreclosure news, Uncategorized
With a federal moratorium on foreclosures ending, loan forbearance relief running out, and no end to the COVID-19 pandemic in sight, the latest data shows that foreclosures are starting to jump up. The number of properties with foreclosure filings shot up a whopping...
by arnielevine | Oct 28, 2021 | Lakeside Real Estate, Large lots land, San Diego Real Estate
Exclusive! You here heard it first, The sellers are splitting up the properties and selling the home with 20 acres for 995k where else in a desirable area of San Diego county ,close to amenities, where can you find that, here you go?! 3BEDS 2BATHS 1,882 SQ FT 2005...
by arnielevine | Sep 30, 2021 | Current Affairs
More events are back this October! Find your favorite fall and Halloween events at a city near you! OCT. 1-3 La Mesa Oktoberfest La MesaThe 48th La Mesa Oktoberfest brings Bavarian traditions and festivities for all ages! Enjoy three biergartens, grub, music, shopping...
by arnielevine | Sep 30, 2021 | Finance, Riverside foreclosure news, San Diego Foreclosure news
There is no doubt that the coronavirus pandemic was an unprecedented shock. However, unlike the 2008 financial crisis, housing was a bystander as external forces disrupted the macro environment rather than a culprit in building up systemic, fundamental imbalances in...
by arnielevine | Sep 30, 2021 | Current Affairs, Real Estate news
The housing market in California has been red hot since last July with home sales for the first half of 2021surging above last year by 34 percent. Home prices, meanwhile, continue to climb with the statewide medianprice setting record highs for four straight months...
by arnielevine | Sep 30, 2021 | Commercial Real Estate, Covid, Current Affairs
On September 30, the statewide eviction moratorium under the COVID-19 Tenant Relief Act (CTRA) is due to end. However, the law will not simply return to its pre-pandemic form. Instead, a new law, the COVID-19 Rental Housing Recovery Act, (the “Recovery...
by arnielevine | Sep 30, 2021 | Home buying, San Diego Investment Properties, Sellers, Senior housing information
After retirement, some seniors spend their free time gardening or traveling. Others merely take it as an opportunity to relax. However, if you’re looking for an opportunity to profit, you should consider flipping houses. Some individuals make $60,000 or more per...
by arnielevine | Sep 8, 2021 | Covid, Current Affairs, Finance
Last week, the state of California began sendingout $600 state stimulus checks to taxpayers earning up to $75,000, part of the Golden State Stimulus plan intended to help residents get back on their feet during the slow economic recovery. A first round of $600...
by arnielevine | Aug 31, 2021 | Current Affairs, Finance, San Diego Real Estate
Nearly two-thirds of home offers written by Redfin agents faced competition in July, down from a revised rate of 66.5% in June and a pandemic peak of 74.1% in April. While July’s bidding-war rate was the lowest since January, it was still higher than the 57.9%...
by arnielevine | Aug 31, 2021 | Current Affairs, San Diego Foreclosure news, San Diego Investment Properties, San Diego Real Estate
Property owners must still comply with state and local eviction ordinances for now. State law still allows landlords selling a single-family home to evict a tenant if the buyer will occupy the property. Some local laws are more restrictive.The U.S. Supreme Court ruled...
by arnielevine | Aug 31, 2021 | Current Affairs, Finance, Home buying, San Diego Real Estate
1. There are fewer homeowners in trouble this time After the last housing crash, about 9.3 million households lost their home to a foreclosure, short sale, or because they simply gave it back to the bank. As stay-at-home orders were issued early last year,...
by arnielevine | Aug 31, 2021 | Current Affairs, Finance, San Diego Real Estate, Senior housing information
Keep your original Prop 13 tax base when moving to a home of equal or lesser valueanywhere in California Transfer your original taxbase to a new home up to three times If you’re a senior, retiree or older homeowner who feels trapped in a homethat no longer fits...
by arnielevine | Aug 31, 2021 | Covid, Current Affairs, San Diego Real Estate
Even as the pandemic persists and economic uncertainty rises, the housing market, although normalizing, isremaining remarkably resilient with little evidence of an impending foreclosure crisis. Home sales have fallen from15-year highs and the number of new mortgage...
by arnielevine | Aug 18, 2021 | Current Affairs, Finance, San Diego Investment Properties, San Diego Real Estate
“A bubble is something that’s going to pop. I look at it as a phase. The market is cyclical, and there may be some slight correction, but it won’t be nearly as bad as what we saw in 2008″”What’s different today from what we saw in...
by arnielevine | Aug 13, 2021 | Commercial Real Estate, Current Affairs
The resurgence in economic activity looks to be a harbinger for a turnaround in commercial real estate fundamentals. At the end of this commentary is a chart of Regional Commercial Property Price Index APARTMENTS The apartment market is rapidly rebounding. ...
