If interest rates are still on the rise, will it may affect the affordability of purchasing a home in San Diego.

by arnielevine | Jun 16, 2023 | Current Affairs, Finance, Latest News, Real Estate news, San Diego Real Estate

If interest rates are still on the rise, it may affect the affordability of purchasing a home in San Diego. However, there are still reasons why it could be a good time to buy a home in the area, even with higher interest rates. Here are a few points to consider: 1....

Interest Rates Good News of Slowing Inflation

by arnielevine | May 12, 2023 | Current Affairs, Finance, Latest News, Real Estate news, Uncategorized

The April Consumer Price Index numbers were released on Wednesday, showing inflation for April at 5.375% exactly as predicted, quelling fears that it would be higher than expected. Over the last 12 months, inflation was reduced to 4.9%, lower than last month’s...

Top U.S. must-have for buyers home features for 2023

by arnielevine | Jan 10, 2023 | Latest News, Real Estate news, San Diego Foreclosure news

Source:World Property NewsThe humble backyard, serving as an extension of a home, is the new must-have feature for home buyers in the U.S. in 2023, according to a Zillow analysis, which found it being mentioned 22% more often in for-sale listings compared to a year...

Summaries of new state laws that affect real estate in California. 2023

by arnielevine | Dec 20, 2022 | Current Affairs, Finance, Real Estate news, San Diego Foreclosure news, San Diego Investment Properties

Below are summaries of new state laws that affect real estate in California. Unless otherwise noted, the laws takeeffect January 1, 2023. Assembly Bill (AB) 1410 disallows the governing documents of a homeowner’s association (HOA) from prohibiting membersand...

August home sales and price notch higher amid temporary rate retreat then were raised recently by the feds

by arnielevine | Sep 22, 2022 | Mortgage Rates, Real Estate news

Existing, single-family home sales totaled 313,540 in August on a seasonally adjusted annualized rate, up 6.1 percent from July and down 24.4 percent from August 2021.August’s statewide median home price was,$839,460 up 0.7 percent from July and up 1.4 percent...

Renovating Your Kitchen Before Selling Worth It?

by arnielevine | Sep 21, 2022 | Real Estate news

You know the saying: “The kitchen is the heart of the home”? It’s more than just a popular needlepoint pillow. It’s a non-negotiable for buyers – which makes it a top priority for sellers. If it’s so important, why do some...