Foreign buyers is busting the open the doors to U.S. real estate

by countyproperties | Jun 16, 2012 | Real Estate news, San Diego Investment Properties, San Diego Real Estate

It’s a trend that has survived for more than a year: As Americans remain skiddish on housing, foreign buyers are filling the void in some areas. The Wall Street Journal reported Tuesday that Asians, Canadians, Europeans and Latin Americans made up $82.5 billion,...

Fighting back against lowball home appraisals

by countyproperties | Jun 8, 2012 | Latest News, Real Estate news

Record-low interest rates are a boon for home buyers and for homeowners seeking to refinance. But low appraisals are making it difficult or even impossible for some borrowers to take advantage. Making sense of the story Lenders report that “overly pessimistic...

Home Buyer methods for Beating Other Offers

by countyproperties | Jun 8, 2012 | Latest News, Real Estate news

To every thing, the songwriter says, there is a season. (Turn, turn, turn.) This Spring, the real estate market in many places seems to be thawing out of an extended winter straight into a hot market of buyer activity. The upshot for sellers is great: shorter times on...

The US is expecting a increase in home prices over the next 12 months

by countyproperties | Jun 8, 2012 | Latest News, Real Estate news

Most Americans interviewed by Fannie Mae believe home prices will increase at least 1.4% over the next 12 months, the government-sponsored enterprise said. Fannie Mae interviewed approximately 1,000 survey respondents for its May National Housing Survey. 34% of those...

Home prices grew from the previous quarter and year over year

by countyproperties | Jun 8, 2012 | Latest News, Real Estate news

Home prices grew from the previous rolling quarter and year-over-year in May, making it the first time in two years that both indicators have risen in the same period, asset valuation firm Clear Capital said. The firm published its home data index market report,...

Bank of America offers $2.5k-$30,000 to short-sellers

by countyproperties | May 18, 2012 | Latest News, Real Estate news, Short Sales

Bank of America says it will provide up to $30,000 in relocation assistance to delinquent borrowers who work with the bank to obtain a preapproved short-sale price before submitting purchase offers. Short sales must be initiated by the end of this year and close by...