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Would Fannie-Freddie short-sale program hurt sellers’ credit scores?

by countyproperties | Sep 18, 2012 | Latest News, San Diego Short Sales

Homeowners who qualify for the Fannie-Freddie short-sale program could see their credit scores fall, even when they’ve made timely payments on their loans. With generous new guidelines from Fannie Mae and Freddie Mac likely to stimulate large numbers of short...

Existing home sales nationwide and San Diego rebound in July

by countyproperties | Aug 27, 2012 | Latest News, San Diego Real Estate

Existing home sales rose in July, pushing prices up for the fifth straight month, according to the National Association of Realtors. Sales of existing single-family homes, town homes and condos increased 2.3% to an annual rate of 4.47 million properties. It’s...

CA median sales price reaches a 4-year high

by countyproperties | Aug 27, 2012 | Latest News, San Diego Real Estate

California is seeing a housing recovery of sorts with the median sales price reaching a four-year high in July and home sales rising 15.3% from last year, the California Association of Realtors said. The month of July brought 529,230 home sales in California, up 2%...

California home prices climb to highest point in 4 years

by countyproperties | Aug 16, 2012 | Latest News, San Diego Real Estate

California home prices in July reached their highest level since 2008, according to analytics firm DataQuick. Home sales in the Golden State went for a median price of $281,000 in July, up 11.5% from one year ago and 2.6% from the previous month. July marked the...

San Diego County Foreclosure Trends 2012

by countyproperties | Aug 16, 2012 | Latest News, San Diego Foreclosure news

Foreclosure Filings–Notice of Default filings are the first step in the foreclosure process. Notice of Trustee Sale filings set the date and time of an auction, and serve as the homeowner’s final notice before sale. Foreclosure Outcomes–After the filing of a...

385,468 homeowners received mortgage modification in first half 2012

by countyproperties | Aug 16, 2012 | Latest News, loan modification, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales

In thefirst six months of 2012, the nation saw 385,468 completed loan modifications, a 28% drop from year-ago levels, Hope Now said. Foreclosure starts also declined 15% while completed foreclosures fell 10% from the same six-month period of 2011. Of the homeowners...
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