Gradual Recovery for Housing and the Economy Expected in 2012

by countyproperties | Nov 18, 2011 | Finance, Latest News, Real Estate news, San Diego Real Estate

Although the housing market struggled to maintain an even footing in 2011, gradual improvement is expected in 2012 and beyond, according to projections at a residential forum here at the 2011 Realtors® Conference & Expo. Lawrence Yun, chief economist of...

Is lease option for a home purchase worth the risk?

by countyproperties | Nov 18, 2011 | Finance, Latest News, Real Estate news

A lease-to-own house purchase (also “rent-to-own purchase” or “lease purchase”) is a lease combined with an option to purchase the property within a specified period, usually three years or less, at an agreed-upon price. Such arrangements have...

Real estate sales rise in all 50 states in Q3

by countyproperties | Nov 13, 2011 | Finance, Latest News, Real Estate news, San Diego Investment Properties, San Diego Real Estate

Home sales rose in all 50 states and Washington, D.C., in the third quarter, though median prices fell in the vast majority of metropolitan areas covered by the National Association of REALTORS® in its latest quarterly report. Of 150 metro areas, 111 (74...

Homeownership rate surprisingly increased

by countyproperties | Nov 4, 2011 | Finance, Latest News, Real Estate news

After falling to a 13-year low during the second quarter, the homeownership rate posted a highly unexpected rise in the third quarter, according to a Census Bureau report released Wednesday. With foreclosures forcing homeowners out of their homes and buyers waiting on...

Whats the new phase of credit scores

by countyproperties | Nov 4, 2011 | Finance, Latest News, Real Estate news

Tough financial decisions often bow to sustenance, kids E-books, video books, blogs, Web videos and infographics now all contribute to the knowledge we need to help make smart decisions, especially in the realm of real estate and personal finances. Because so much...

Congress voted to restore home loan limits

by countyproperties | Nov 3, 2011 | Finance, Latest News, Real Estate news

We have great news to share with you. Last week, Congress voted to restore loan limits and the maximum cap for Federal Housing Authority (FHA) loans. Their action reinstates the loan limit of 125 percent of area median price, up to $729,750. Higher loan limits will...